Tower Square owners reveal plans for ‘Steiger Park’ on Main Street in Springfield

The investors who bought the Tower Square office building, mall and hotel earlier this year now plan to build a luxury hotel on the site of a park across Main Street, according to managing partner Vid Mitta. The one-acre Steiger Park at Main and Bridge streets was part of MassMutual’s $7 million sale of the Tower Square offices and mall in April to Dinesh Patel of East Longmeadow, Vid Mitta of Lexington and Rohit Patel and Kamlesh Patel of Maine. The investors had already bought the hotel for $10.5 million, also from MassMutual.

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