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The new Hotel Downstreet takes over on Main Street in North Adams.

Downstreet Hotel Replaces Holiday Inn in North Adams

By Tammy DanielsiBerkshires Staff
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The big green Holiday Inn letters were removed by crane on Monday morning. 
NORTH ADAMS, Mass. — The big green letters for the Holiday Inn were being taken down on Monday morning, three days after the 90-room hotel changed hands. 
 
The new Hotel Downstreet was purchased by NA Hotel LLC on Friday for $4.45 million. 
 
The limited liability company is headquartered in Rhode Island and represents Peregrine Group, a 20-year-old real estate adviser and property management company. Its portfolio includes the public/private 43-unit residential Parkside on Adams & Historic Substation in Boston and the Newport Yachting Center in Rhode Island. 
 
The current green Holiday Inn signs were installed in 2011, part of a rebranding by Holiday Inn. The new Hotel Downstreet sign is up near the entrance and a banner will be put up until a new sign is fabricated. 
 
Colin Kane, founding partner of Peregrine Group, and Sarah Eustis of gave the City Council last month the rundown on Monday on their plans for the 50-year-old property, which includes revamping and updating the hotel, reorienting the main entrance to the parking lot on Ashland Street and tearing down the one-story addition there that had been leased out to offices and businesses. 
 
Kane said retail tenants will be sought for the Main Street facing spaces. The current tenants, including the North Adams Museum for History and Science, will have to move; Kane told the City Council the hotel will be patient and will help them find new locations. 
 
The hotel will be managed by Main Street Hospitality Group, which operates the Porches and Red Lion Inn. CEO Sarah Eustis said the current staff will be kept on. 
 
The hotel on the corner of Main Street was purchased in 2009 for $2.925 million by Larkin Realty of Burlington, Vt., as North Adams Hospitality LLC. It had operated in past years as the North Adams Inn and had opened as a Sheraton. The most recent valuation was for $3.8 million. 
 
Peregrine and Main Street Hospitality said they have been in talks with Larkin for nearly three years. Efforts will be made to keep part of the hotel open during the renovation process. The restaurant is still open. 

Tags: motels, hotels,   signage,   

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Healey, Driscoll Talk Transportation Funding, Municipal Empowerment

By Tammy DanielsiBerkshires Staff

The governor talks about a transportation bond bill filed Friday and its benefits for cities and towns.
BOSTON — Gov. Maura Healey and Lt. Gov. Kim Driscoll were greeted with applause by municipal leaders on Friday as they touted $8 billion in transportation funding over the next decade and an additional $100 million in Chapter 90 road funds. 
 
Those were just a few of the initiatives to aid cities and towns, they said, and were based what they were hearing from local government
 
"We also proposed what, $2 1/2 billion the other day in higher education through investment in campuses across 29 communities statewide," the governor said. 
 
"Really excited about that and with those projects, by the way, as you're talking to people, you can remind them that that's 140,000 construction jobs in your communities."
 
The governor and Driscoll were speaking to the annual Massachusetts Municipal Association's conference. Branded as Connect 351, the gathering of appointed and elected municipal leaders heard from speakers, spoke with vendors in the trade show, attended workshops and held their annual business meeting this year at the Boston Convention and Exhibition Center.
 
Healey and Driscoll followed a keynote address by Suneel Gupta, author, entrepreneur and host of television series "Business Class," on reducing stress and boosting energy, and welcomes from MMA Executive Director Adam Chapdelaine, outgoing MMA President and Waltham councilor John McLaughlin, and from Boston Mayor Michelle Wu via her chief of staff Tiffany Chu.
 
"We know that local communities are really the foundation of civic life, of democracy. We invented that here in Massachusetts, many, many years ago, and that continues to this day," said Healey. "It's something that we're proud of. We respect, and as state leaders, we respect the prerogative, the leadership, the economy, the responsibility of our local governments and those who lead them, so you'll always have champions in us."
 
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