Regent Hotels & Resorts has signed a strategic partnership agreement with North American real estate development and management company Cottonwood Management. The agreement will see Regent Hotels & Resorts return to the North American market following a 10-year absence with the launch of new mixed-use developments in Boston’s Seaport District and on Fifth Avenue in New York City.
Plans are progressing for Cottonwood’s Boston development, which will span over 1 million sq. ft. The completed project will include three towers consisting of approximately 900,000 sq. ft. of residential space, including Regent-branded residences and serviced apartments, along with 125,000 sq. ft. of retail space, all anchored by a central courtyard.
Regent will also launch in Boston its new Dining Club concept – a social club that offers residents and hotel guests a fine dining experience and gathering place.
Regent Boston residences and serviced apartments are expected to commence development this fall.