Extended-stay hotel approved for long-vacant downtown parcel

A 120-ROOM, $20 MILLION extended-stay hotel, to be developed under the Homewood Suites by Hilton brand by First Bristol Corp., has been approved by the Capital Center Commission. / COURTESY ZDS ARCHITECTURAL DESIGN SERVICES
A 120-ROOM, $20 MILLION extended-stay hotel, to be developed under the Homewood Suites by Hilton brand by First Bristol Corp., has been approved by the Capital Center Commission. / COURTESY ZDS ARCHITECTURAL DESIGN SERVICES

PROVIDENCE – First Bristol Corp. of Fall River has received final approval for construction of an eight-story, all-suites hotel on the triangular lot in the Capital Center District.
The property, known as “Parcel 12,” is owned by the city of Providence and will be acquired by the development company as part of its $20 million project.
The hotel, to be operated as a Homewood Suites by Hilton hotel, will include 120 guest suites, according to James J. Karam, First Bristol president.
The property is bounded by Memorial Boulevard, Exchange Street and Exchange Terrace. It includes views of the Citizens Bank building, the “Superman” building and other downtown vistas.
The Capital Center Commission on Jan. 13 gave final approval to the project.
The architect is ZDS Architectural Design Services, based in Providence. Construction could potentially begin this summer, according to Karam.
The market for suites-style accommodations is strong, according to Karam, who said he anticipated 35 percent of the demand would be for business-related travel. Other guests could include families, who prefer to travel and book suites with fully applianced kitchens.

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