Portsmouth, NH – Construction is underway for Portwalk, a mixed use development in the heart of
Portsmouth’s historic district with office, retail, restaurants, residences and a Residence Inn by
Marriott hotel. Cathartes Private Investments of Boston is the developer of Portwalk, Elkus Manfredi Architects of
Boston is the master planner, and DeStefano Architects of Portsmouth is the consulting architect. Pro Con Inc of
Manchester is the architect of record and the design builder for the project’s first phase which includes the hotel and
retail space and will be owned by Parade Residence Hotel LLC. When completed, Portwalk will include three
buildings located between Deer, Hanover Streets and Maplewood streets in downtown Portsmouth.
Portwalk will be a pedestrian friendly, integrated urban development featuring first class office space, boutique
shops, cafes, restaurants, luxury residences and a Residence Inn by Marriott hotel. Portwalk is being built on the
site of the former Parade Mall which was recently demolished to make way for the new urban center. Cathartes
Private Investments is aiming to make Portwalk a LEED certified mixed-use development and the Residence Inn,
New Hampshire’s first LEED certified hotel. The goal is to recycle 95% of the demolished waste material from the
former two-story, 86,000sf Parade Mall. In addition, Portwalk will use regional & recycled materials in construction
and incorporate environmentally beneficial strategies such as using white roofing, deploying water efficient
landscaping, and promoting alternate transportation.
Portwalk’s first phase is a five-story, 96,000sf mixed use building. The building’s first floor will house the hotel’s
lobby & common areas and 12,000-sf of retail space. Floors two thru five will house the hotel’s guest rooms. The hotel
will offer 128 urban studios and one-bedroom suites, with a large hearth room, bar and lounge area, breakfast
room, indoor pool & fitness room, meeting room, business center and guest laundry area. Pro Con Inc has
scheduled a June 2010 completion date for Portwalk’s first phase.
The development’s exterior design featuring granite banding, masonry veneer stone, red brick siding, and cornice
molding compliments the existing architecture in the historic Portsmouth neighborhood. The main entrance to the
hotel will be on Portwalk Place, a new pedestrian friendly one-way vehicular thoroughfare that will connect the
Portwalk buildings. Portwalk Place will have wide brick sidewalks with trees, flowers, outdoor café seating and
provide storefront access to shops and restaurants. The hotel’s side entrance will be on Deer Street.