About Parcel K
Approved mixed-use development project totaling approximately 500,000 square feet. The Parcel K project will include a 12-story residential building containing 304 rental apartment residences and a 12-story Hyatt Place hotel with 294 rooms. The apartment building will feature a rooftop pool, clubroom, and terrace, and the hotel building will feature a rooftop fitness room and pool. The buildings will also contain approximately 12,000 square feet of office space and approximately 18,000 square feet of retail and restaurant space. A one-level underground parking garage will have the capacity for approximately 450 cars.
The Parcel K project will be situated on the Massachusetts Port Authority (Massport)'s approximately 2.5-acre Parcel K. Developers Lincoln Property Company and Phoenix Property Company have entered a long-term lease with Massport to develop the parcel.
Renderings of the Parcel K project: