The $400 Million Raffles Boston Tops Off at 35 Stories

Raffles Boston Back Bay Hotel & Residences has been topped off, reaching 35 floors and raising a final beam decorated with a Raffles flag and a Travelers’ Palm Tree. To celebrate the milestone, construction workers joined local developers Jordan Warshaw (The Noannet Group) and Gary Saunders (Saunders Hotel Group), their partners at Cain International, the privately held investment firm led by Jonathan Goldstein, Suffolk, the construction management firm, The Architectural Team, Inc. (TAT) and Madison Realty Capital.

Located at 430 Stuart Street, Raffles Boston will provide over $22 million in public benefits in total, including street and public realm improvements, seven on-site affordable housing units and a contribution of over $13 million that will support additional affordable housing in Boston.

The project is expected to be completed by early 2023. Its 147 guestrooms and 146 residences are joined by 16 gathering spaces, including several venues dedicated to building residents. Highlights within the 16 gathering spaces include six food and beverage venues, a three-story Sky Lobby perched high above Copley Square, a spa, a 68-foot indoor pool and fitness center, a rooftop garden terrace lounge, several intimate residents-only gathering places, and a ballroom with views over the Charles River.

Jordan Warshaw, co-developer of the project and president of Noannet Group, praised the team of 700 construction workers and tradesmen for their efforts over three winter seasons, which included two years of pandemic.

By securing the air rights over the adjoining University Club, Raffles Boston was able to build a 35-story building employing a cantilever structure designed by locally based structural engineers McNamara Salvia. TAT and McNamara Salvia created a structural system utilizing a combination of concrete superstructure and massive steel trusses, all supported by a series of 130-foot-long concrete caissons anchored in bedrock. With the completion of the building’s structure, the project team will now finalize the installation of its dynamic glass curtainwall façade, marking another milestone towards opening.

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