Boca Alameda Hotel

Hospitality

Boca Alameda Hotel

Property Highlights

The Boca Alameda property, nestled in Mexico City’s historic center, is slated for redevelopment into a boutique hospitality mixed-use building, which will consist of 89 hotel rooms and 500 SQM of retail/restaurant space. To preserve the history of the 16th-century structure, significant parts of the original building will be restored to their former glory. The building has prominent frontage onto Parque Alameda, the first park built in the Americas, and is just a 5-minute walk away from the iconic Palacio de Bellas Artes and some of the most visited tourist destinations in Mexico City.

Location: Mexico

Property Type: Hospitality

Unit Count: 89

Land Size: 1,700 Square Meters

Acquisition Date: 2017

Year Built: 2025

Project Sponsor: Iterativa

Key Attributes

Lack of class A lifestyle hotels in the area, the traditional hotel market in El Centro (downtown) is segmented by smaller chains or independents, mostly domestic, and mostly Class B and below.

Increase in RevPar in the area since pre-pandemic (2019-2024) of +30%

The global significance of this area is underlined by UNESCO who designated the Historical Centre of Mexico as part of the World Heritage List in 2014.

With the investments undertaken in the El Centro neighborhood by the Mexican government, the area has become much more tourist friendly. Palacio de Bellas Artes which is located right in front of the project is ranked #2 on TripAdvisor’s Top Things to Do in Mexico City.

Location

Cristobal Colón 1 & Dr. Mora 11, Col. Centro,
06050,
Cuauhtémoc, Mexico City

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