BANKER & TRADESMAN – CSM Corp. has filed an application with the city of Marlborough to build a 153-room Hilton Garden Inn hotel at Forest Park, the city’s planned development.
“Forest Park is a very important development to the city of Marlborough, and this application signals the project has moved into a new phase, with its hotel component going from concept to reality,” Tim Cummings, executive director of the Marlborough Economic Development Corp. (MEDC), said in a statement. “We already have the commitment of a large business-Quest Diagnostics, a large residential property developer-AvalonBay, and now we are looking at adding a great hotel-Hilton Garden Inn. This completes the trifecta, making Forest Park a true mixed-use development. We couldn’t be more pleased.”
As part of the project’s initial phase, Quest Diagnostics is building out a 200,000-square-foot regional hub lab space, which will service the entire New England market when it opens in summer 2014. The initial phase also includes construction of 350 luxury rental units, developed by AvalonBay Communities. Future plans for the redeveloped office space at Forest Park include constructing 75,000 square feet of retail space.
This story originally appeared here.