Massport Issues RFQ for the Summer Street Development Project in the Seaport District of Boston, MA
November 12, 2015 10:37am
Massachusetts Port Authority (Massport) seeks to qualify developers with exceptional experience and capability to develop a signature mixed-use commercial development project on a Massport-owned parcel in the South Boston Waterfront District. The Summer Street Development Project, located on Summer Street in Boston’s vibrant Seaport District, must include a hotel of 250 rooms or more, street‐level retail opportunities, and a mixed-use development program which fully maximizes the development potential of the site at an appropriate development density. In addition to the required hotel, Massport seeks other complementary, non-hotel uses such as office, residential, retail, or entertainment uses to enhance the financial viability and urban dynamism of the proposed Project. Massport invites development firms with experience in the developing, financing, and owning of mixed-use projects of similar scope to the Summer Street Development Project to submit proposals outlining their qualifications in response to this RFQ. Massport has established the inclusion of M/WBEs in all aspects of the Summer Street Development Project as a significant priority. Massport seeks to establish a shortlist of qualified developers that will be invited to respond to a soon to be issued RFP.
Massport has placed an emphasis on an expedited and efficient RFQ and RFP process and anticipates that the construction of the Summer Street Development Project will commence in 2018. As part of the RFQ process, firms shall provide a written response outlining their qualifications, knowledge, and experience in developing, financing, owning projects of similar scope. RFQ responses are due no later than twelve o'clock noon (12:00 PM) eastern time on December 21, 2015.
To download the RFQ for the Summer Street Development Project, please visit:
Registration is required to download the RFQ to ensure that Massport can communicate any RFQ updates with interested persons. The RFQ itself describes the process for interested respondents to communicate with Massport and to respond to the RFQ.
The Massachusetts Port Authority was created by and exists pursuant to Chapter 465 of the Massachusetts Acts of 1956, as amended to date, and is a body politic and corporate and a public instrumentality of The Commonwealth of Massachusetts. Massport owns, operates and manages Boston‐Logan International Airport, Laurence G. Hanscom Field, and Worcester Regional Airport, as well as the Paul W. Conley Marine Terminal and various port properties located in South Boston, East Boston and Charlestown.
In addition to owning and operating the facilities noted above, Massport has significant real estate holdings in the South Boston Waterfront District. Significant portions of these properties have been planned to be developed as a mixed‐used commercial district as a result of the Commonwealth Flats Development Area (“CFDA”) planning and environmental permitting effort. Roughly half of the total development program envisioned within the CFDA has been completed including approximately 1.5 million square feet of Class A office space, two four‐star hotels (Seaport Hotel and Renaissance Boston Waterfront Hotel), two residential apartment projects (Park Lane Seaport Apartments and Waterside Place), and Liberty Wharf, a multi‐tenant, mixed‐use waterfront development with a variety of restaurants and office space.
New Builds Signal Growing Strength of Independent Hotels, New Entrepreneurial Brands, as a Dozen Teneo Member Hotels Open 2017-2018
Nakheel and Centara Reach New Milestone on 600-Room Beachfront Resort at Deira Islands; Enter Joint Venture
OTO Development Makes Inc. 5000 List – for the 6th Time
Lotte Tour Development and Hyatt Hotels Enter Agreement for New Build Grand Hyatt Hotel in Jeju City, South Korea
Hospitality Funding Advises Cambria Hotels Expansion in Sonoma County, California
OTO Development Adds 7 Properties to Managed Portfolio
Hunden Strategic Partners Announces Lakefront Hotel Developer RFQ for Michigan City, Indiana
Concord Hospitality Begins Construction on the 160-room Hyatt Place Jacksonville with Opening Schedule for Late 2018
What Hoteliers Need To Know About Indonesia
Hotel Development Trends and Opportunities South America
Hawkeye Hotels Breaks Ground on Three New Midwest Hotel Projects
Excellence Group Breaks Ground on $110 Million Excellence Oyster Bay Luxury Hotel Project in Montego Bay, Jamaica
Wyndham and Zeus International Enter Strategic Development Partnership for 20 New Hotels
Owned by LH Webster LLC and Managed by Lodgic Hospitality, New Tru by Hilton Hotel Coming to Houston Clear Lake
AccorHotels Enters Strategic JV Partnership with Rixos Hotels with Focus on Global Development in the Luxury Resort Segment
Best Western's Pipeline Nearing 500 Properties Worldwide
Hunden Strategic Partners Announces Master Developer RFQ/P for Columbus, Ohio
Bandstand Square Developments Ltd. and Hilton Reveal Plans for New Build Hilton Woking
Bayside Land Partners to Develop $1 Billion Master-Planned Development in the Lake Ray Hubbard Area of Rowlett, Texas
Lao International Development & IHG Enter Agreement for New Build InterContinental Vientiane in Laos
Please login or register to post a comment.