Owner of a vacant Canal Street office building wants to turn it into a hotel

The new owner of 110 Canal St. near the Garden says it will soon file plans to turn the empty seven-story building into an 82-room hotel.

Rhino Capital Advisors, based at International Place, bought the building for $14.6 million in December - down from the $24 million its seller paid for the building in 2021 - according to Suffolk County Registry of Deeds records. The building is home to an empty Boston Beerworks, which closed in 2021.

In a letter of intent filed with the BPDA this week, Rhino says it wants to charge ahead with the project to serve both people coming into town for events at the Garden and Boston visitors more generally.

110 Canal St. filings.