Rocco Termini's plans for reuse of the AM&As Department Store will be reviewed by the Planning Board next Wednesday. The busy developer wants to turn the long-vacant structure into a mixed-use complex with hotel, residential and commercial space. It would be Termini's eighth project downtown.
The AM&As store would contain a 117-room hotel with banquet facilities, a food court and an unspecified amount of office space and apartments. Termini has not yet purchased the building and previously said that the conversion project would cost upwards of $80 million.
Termini is currently converting the former AM&As warehouses on Washington Street into a mix of 48 loft apartments and ground floor commercial space. He will also be appearing at the Planning Board meeting with plans to convert the Lafayette Hotel into 115 apartments and 15,000 sq.ft. of commercial space.