Developments > South End Residence Inn
The Melnea Hotel will be a new 108-room, 5-story Marriott Residence Inn located at Melnea Cass Boulevard and Washington Street on Parcel 9, in one of Boston's poorest neighborhoods. Al Wainright LLC is providing an $8 million NMTC allocation and Chase is providing $3million, along with MHIC.
South End Residence Inn
Project at a Glance:
Location:
Boston
Development Type:
Commercial
MHIC Financing:
$13,580,000 in NMTC financing
Sponsor:
XSS Hotels, LLC, Urbanica, Inc.
The Melnea Hotel will be a new 108-room, 5-story Marriott Residence Inn located at Melnea Cass Boulevard and Washington Street on Parcel 9, in one of Boston's poorest neighborhoods. Al Wainright LLC is providing an $8 million NMTC allocation and Chase is providing $3million, along with MHIC.