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DGH Hotel Partners JV LLC, a joint venture between Global Hospitality Investment Group and an unnamed global investment management firm, has received approval from the Boston Zoning Commission for a new hotel in the city’s Seaport District, across from the Thomas M. Menino Convention and Exhibition Center.

The new hotel will join the existing Aloft and Element Boston Seaport hotels as the newest component of a 968-key hotel and retail campus owned by the joint venture under a long-term land lease with the Massachusetts Convention Center Authority (MCCA).

When completed, the final phase of the three-hotel development will add 438 guest rooms across 160,000 square feet. The project, which was initiated in 2016, will feature a new landscaped entry plaza on Anchor Street, a unique indoor/outdoor lobby bar, and a rooftop amenity space.

The project is being sustainably designed and constructed to meet LEED Gold Certification as an all-electric, resilient facility.

“We’re thrilled to bring a new hotel to the heart of Boston’s Seaport District, across from the Convention Center,” said Kevin Colket, founder and CEO of Global Hospitality Investment Group. “We look forward to growing our presence in Boston by expanding our footprint next to the Aloft and Element Hotels and completing the vision of delivering a mixed-use campus with a collection of hotel brands and active retail that supports the Convention Center and enhances the vibrancy of D Street.”