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Melnea Hotel (Mariott Residence Inn)

Boston, MA

The Melnea Hotel, a six-story Residence Inn by Marriott, transformed a long-vacant parcel in Roxbury’s Dudley Square into a vibrant mixed-use development. The LEED Silver-certified project includes 135 hotel rooms, 50 mixed-income residential units, and 4,000 square feet of retail space. With features like solar panels, a rooftop deck, and landscaped public areas, it serves as a welcoming urban gateway. New Markets Tax Credit equity helped close financing gaps and bring this catalytic project to life.

TDC

$39.8MM

NMTC Allocation

$30.45MM

Debt

-

Financial Closing

December 2016

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