Woburn, MA

Investment Partner
JDM Realty LLC

Project Type
Hotel and Conference Center

Acquisition Date
2012

Disposition Date
2017

Project Overview

Alta invested in Crowne Plaza as the new ownership was completing a major renovation and rebranding. The 197-room, full-service hotel also includes a very successful sports bar and restaurant, the Scoreboard. The renovation included the addition of an indoor pool and fitness center, renovated meeting space, and major updates to the guest rooms. Located just off Route 128 in the 128 technology corridor, the hotel is only 12 miles north of downtown Boston and offers easy access to Massachusetts Commuter Rail.

After acquisition Alta worked with the on-site team to streamline operations and ultimately improve the bottom line, which led to a successful sale.

Awards
Trip Advisors “Certificate of Excellence”

Boston A List – Best Sports Bar, Scoreboard, 4 years in a row

2013 IHG Renovation of the Year

2013 IHG Torchbearer Award