Boston Business Journal

Brighton Hotel Property to Go to Auction After Foreclosure

A former Best Western hotel in Brighton, a site approved nearly five years ago for a new condo development, is set to be auctioned off later this week following its foreclosure.

A limited liability company affiliated with Boston developer John Matheson scored the Boston Planning and Development Agency’s approval in 2018 to build a 151-unit condo building at the motel site, located at 40 Mt. Hood Road, just off Commonwealth Avenue. That project, estimated to cost $150 million at the time of approval, never took place. Matheson could not be immediately reached for comment on what led to the foreclosure.

STAY IN THE KNOW

icon

Watch NBC10 Boston news for free, 24/7, wherever you are.

icon

Get Boston local news, weather forecasts, lifestyle and entertainment stories to your inbox. Sign up for NBC Boston’s newsletters.

More on this story from Boston Business Journal

Copyright Boston Business Journal
Contact Us