$110M Hotel Planned in Boston Seaport, Adding 438 Rooms Near Convention Center

Key Points:

•  Global Hospitality Investment Group is developing a 438-room, 14-story hotel in Boston’s Seaport
• The $110M project will bring the total room count across three adjacent properties to 968
•  Zoning approval is secured as convention center demand supports additional keys

438 Keys Coming to D Street

A new 14-story, 438-room hotel is headed to Boston’s Seaport District, directly behind the existing Aloft hotel on D Street. The project is being developed by Global Hospitality Investment Group in partnership with an unnamed investment management firm. The site sits within the planned development area at 371 401 D Street, across from the newly renamed Thomas M. Menino Convention and Exhibition Center.

Expanding an Existing Seaport Cluster

Global Hospitality already operates the nearby Aloft Boston Seaport District and Element Boston Seaport District hotels. Once complete, the three properties will total 968 rooms, strengthening the area’s lodging density tied to convention and tourism demand. The 160,000 square foot project is estimated to cost $110 million, though construction timing has not yet been finalized.

Convention Driven Demand

A recent study found the South Boston convention center could support an additional 800 to 1,000 hotel rooms in the short term. Seaport hotels reported an average daily rate of $202.41 last year, according to industry data, significantly higher than broader South Boston averages. Developers say the new property will be a “select service” hotel, positioned at a more approachable rate point than luxury offerings nearby.

All Electric Build

The new hotel will be powered entirely by electricity, with developers committing to purchase 100% renewable electricity for building operations. This aligns with Boston’s push toward electrification and fossil fuel-free large developments.

Why It Matters

Seaport remains one of Boston’s most active hospitality corridors, anchored by the convention center and waterfront development. For investors, clustering adjacent hotel assets can create operational efficiencies and pricing power, particularly in event-driven submarkets. At $110M and 438 rooms, this project underscores continued confidence in Boston’s tourism and convention pipeline despite broader commercial real estate headwinds.

Final Thoughts

With zoning approval secured and demand fundamentals intact, Global Hospitality’s new Seaport hotel strengthens Boston’s convention ecosystem. As office-to-hotel conversions rise downtown, ground-up hospitality in Seaport continues to bet on long term visitation growth and premium ADR performance.