In 1888 at the age of 65, Nathaniel Davis Hill undertook the ambitious development of the corner of Quincy and Water Street. The building was complete in 1889 at the cost of $25,000.
In 1928 the building changed hands and was renovated into the DeVillo Hotel where rooms rented from 75 cents to $1.25 a night. A tavern moved into the corner storefront the next year and the space has been a tavern ever since. Today it is called the Water Street Brewing Company.
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