|By Greg Turner, Boston
HeraldMcClatchy-Tribune Regional News
March 10, 2012--Hub developer William McQuillan is thrilled he may soon have company on the construction front near Fenway Park.
McQuillan's Boylston Properties started knocking down a former Ace Ticket storefront and parking garage at 121 Brookline Ave. last week to make way for an eight-story extended-stay hotel.
The demolition came just days after the Land Court rejected a lawsuit that had held up the massive $450 million Fenway Center mixed-use development down the street for three years.
"Obviously the neighborhood is in a happy forward motion," McQuillan said. "Real estate developers are benefiting from better and new developments even if we don't own it or are involved in it."
Boston-based Boylston Properties won city approval in 2007 and later switched from plans for a biotech lab building to an eight-story hotel that will open as a 175-room Marriott Residence Inn in the summer of 2013.
The project, representing a $68 million investment, sits in a prime location between the ballpark and the busy Longwood Medical Area. The building will include 50 underground parking spaces, first-floor shops or a restaurant, and an enclosed swimming pool on the roof.
Boylston Properties' past projects include City Place, the food court at the base of the State Transportation Building in the Theatre District, and the joint-venture development of the $213 million Fenway Triangle Trilogy luxury apartment complex with Samuels & Associates.
(c)2012 the Boston Herald
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