Colliers’ Multi-Family Advisory Group is pleased to present for sale The Alexandra, a former luxury hotel primed for redevelopment in one of Boston’s most central and thriving neighborhoods. The property is situated on a prominent, highly trafficked street corner and features Ruskinian Neo-gothic style with a richly patterned sandstone façade, strong window lines. The Boston Planning & Development Agency (BPDA) and South End Landmarks District Commission has approved the redevelopment of The Alexandra from a five-story building to a thirteen story, 158 room boutique hotel with ground floor restaurant and café space, and a rooftop level lounge/restaurant.
Located on the corner of two major connecting Boston arteries Washington Street and Massachusetts Avenue, The Alexandra is within minutes to some of the city’s top dining destinations including Bar Lyon, Toro, Flour Bakery & Café, and Seiyo Boston. Additionally, local neighborhood amenities are in close proximity by foot or public transportation, including Whole Foods, Starbucks, and boutique shopping & fitness destinations.
The Alexandra is available on an un-priced basis. Additional due diligence materials are available for qualified buyers. We will be conducting tours of the property in the coming weeks with a call for offers to follow.
The Alexandra has been approved for redevelopment by the BPDA and the South End Landmarks District Commission. The approved redevelopment consists of a 158 room, 13-story boutique hotel with ground floor retail and a rooftop lounge/restaurant.
The property is located in proximity to boutique shopping destinations in the South End and is steps away from such restaurants and businesses as Toro Boston, Flour Bakery & Café, Endurance Pilates & Yoga, Bar Lyon, Café Quattro, and Seiyo Boston. Local employers include Boston Medical Center, Boston University School of Medicine, and Northeastern University and Upcoming Exchange (South End) Life Sciences and Technology Urban Campus.
Boston offer one of the most robust environments for attracting and retaining the best-educated workforce in the country. With a staggeringly low employment rate, Boston is well below the national average; the City continues to draw new residents not only with its New England charm and stellar sports teams, but also with world-leading hospitals, universities, and unsurpassed quality of life standards.