Totals

Total Square Footage 145,000
Total Dollar Volume $106,000,000.00

General

Established 1959
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Olshan Properties is a privately owned real estate firm that has specialized in the development, acquisition and management of commercial real estate for more than 55 years. The close integration of investment and operating capabilities has given Olshan Properties a reputation as one of the leading private owners of commercial real estate in the country. The company is headquartered in New York City and manages properties in 11 states with a staff of over 1,000 employees. Since its inception in 1959, Olshan Properties and its affiliates have formed a proud history of creating quality projects, managing with integrity and harvesting value for our investors and partners.

Olshan Properties currently owns and/or manages a diverse portfolio of commercial properties in eleven states with an approximate total square footage of 24 million. The company self-manages nearly all of its investments and partnerships through its retail, residential, office and hotel divisions. A dedicated staff of leasing, marketing, development, property management, finance and construction personnel continue to provide excellence in the asset management of our portfolio:

  • 10 million SF of retail properties, containing regional centers, community centers, urban retail, and power centers.
  • 14,000 multifamily residential units, including urban high-rise, suburban garden-style and townhome properties.
  • 1,447 hotel rooms across our portfolio of owned and managed Hilton and Marriot branded properties.
  • 3 million SF of office space in high-rise class A, mixed-use and suburban formats.

Olshan Properties also serves as a General Partner of the Longview and RCG Longview series of debt and equity funds as well as Normandy Venture Partners, an opportunistic equity fund. Our founding sponsorship of these funds has resulted in the investment of $4.7 billion in commercial real estate projects over the past 12 years and leverages our unique investment abilities, operating expertise and industry relationships.

Updates

Haymarket Hotel
- Feb 28, 2020

$4M Plumbing Permit Pulled for Canopy Hotel by Hilton Cannistraro has pulled a permit valued at $4M for the plumbing work at the upcoming Canopy Hotel by Hilton. The 7-story hotel will include 212 rooms along with 9,600 square feet of retail. Hotel guest amenities will include a fitness center and meeting space and 1,800 square foot roof deck. 


Haymarket Hotel
- Jan 08, 2020

Site Work Underway for the Haymarket Hotel Site work is underway for the upcoming 6-story hotel along Blackstone Street at Haymarket. The new Canopy by Hilton Hotel will feature 212 guest rooms along with a fitness center and meeting space. The development team plans to open the hotel in late Q1 2021. 


Haymarket Hotel
- Nov 13, 2019

Haymarket Hotel Secures $75 Million in Financing Just five days after a building permit was granted, the Haymarket Hotel development has secured $75 million in financing from Citizens Bank. The 145,000 square foot Haymarket Hotel building will bring 225 hotel rooms and around 9,600 square feet of retail to a presently vacant 1.2-acre parcel located along the Greenway at the intersection of the North End and Downtown Boston. Hotel guest amenities will include a fitness center and meeting space and 1,800 square foot roof deck.  


Haymarket Hotel
- Nov 10, 2019

Building Permit Pulled for Haymarket Hotel A building permit valued at over $58M has been pulled for the Haymarket Hotel to be located at 99 Blackstone Street along the Greenway. The new hotel will feature 225 rooms along with around 9,600 square feet of restaurant and retail space. The development team will also sublease 1,600 square feet of space in the building to the Haymarket Pushcart Association for storage space.


Haymarket Hotel
- Apr 14, 2018

Parcel 9 - Haymarket Hotel moves forward in DowntownFROM THE BPDAThe development team has filed a Second Notice of Project Change and an Amended and Restated Development Plan to the PDA. The uses of the Proposed Project will remain the same. The key changes are a modest increase in its maximum height, from 65 feet to a maximum of 69 feet, 6 inches and a decrease from 29 feet to 27 feet for the restaurant portion of the building. The Amended and Restated PDA have been submitted to reflect the advancement of the design for both the height as well as the ground floor layout and other aspects of the building.Live: 225 hotel units, patio and open space, new street-front landscapingWork: Approximately 125 permanent jobs and 300 construction jobsConnect: 9,000 square feet of retail and restaurant space, rooftop amenities, revitalized Blackstone Street and support for the Haymarket Pushcart AssociationThe NPC for the Parcel 9 Haymarket Hotel project, located on a 29,400 square foot parcel along the Rose F. Kennedy Greenway was approved with a modest increase in the maximum height of the building, from 65 feet to a maximum of 69 feet, 6 inches tall to achieve acceptable floor-to-ceiling heights within the building.The project consists of a 225-key hotel, containing approximately 9,600 square feet of complementary retail and restaurant uses, a one-story component at the Hanover Street end that will house a restaurant as well as a rooftop deck and ground floor area off Blackstone Street that will be leased to the Haymarket Pushcart Association to accommodate storage and restrooms for their members. The ground floor of the building will also include restrooms accessible to the public as well as meeting space that can be made available for community use. The building design includes glass storefronts as well as building materials which provide a contemporary take on the historic setting of the project site between Blackstone Street and the North End neighborhood. The project will reconstruct Blackstone Street from North Street to Hanover Street, as well as streetscape improvements around all sides of the building, subject to required approvals from the City's Public Improvement Commission.


Haymarket Hotel
- Sep 06, 2017

Haymarket Hotel groundbreaking scheduled for Spring 2018, new investors join project team The developers of the approved $106 million, 145,000-square-foot Haymarket Hotel, located on the Greenway between Downtown Boston and the North End, expect to break ground on the project in Spring 2018. In addition to original proponents Harbinger Development and Normandy Real Estate Partners, CV Properties and Olshan Properties have now taken interest in the project. The Massachusetts Department of Transportation (MassDOT), owner of the 1.2-acre parcel on which the Haymarket Hotel will be built, has granted the developers a development agreement extension through April 2018. The Haymarket Hotel's financial terms were approved by the Federal Highway Administration (FHWA) in May 2017, and the Boston Planning & Development Agency (BPDA) approved the project in June 2016. The Haymarket Hotel will feature 225 new hotel rooms and 25,000 new square feet of retail and is expected to open in mid-2019.


Haymarket Hotel
- Jun 14, 2016

New Haymarket Hotel located on Greenway approved for constructionThe Boston Redevelopment Authority approved the Haymarket Hotel, a new 145,000 square foot hotel and retail building located on the Greenway, for construction at this month's board meeting. The Haymarket Hotel will bring 225 new hotel rooms and 25,000 new square feet of retail to the Greenway, the North End and Downtown Boston. The Haymarket Hotel will be located across Hanover Street from the Boston Public Market.A rendering of the Haymarket Hotel is posted above. The following is a link to the recent Notice of Project Change for the Haymarket Hotel. More information about the Haymarket Hotel is posted below.


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Projects

Haymarket Hotel