Boston is continuously undergoing transformation and the residential development boom here is big news. It is much needed, too, with businesses and the population here on the rise. Neighborhoods throughout the city are seeing a surge in development, from new apartment rentals to townhomes to condos, largely driven by the appeal of living in a bustling metropolis with easy access to work and all else the city offers. Here’s a sampling of just a few of the exciting condo projects currently under construction:
55 India Street (Official Name TBD)
Where: 55 East India Street (Financial District)
Residences: 44 units ranging from 600-square-foot one-bedrooms to 1,750-square-foot three-bedrooms, including four penthouse suites.
Additional Details: Currently under construction, this 12-story luxury building overlooking the Rose Kennedy Greenway includes 4,000 square feet of street-level space for retail or a restaurant. Unique to a project of this size is the number of three-bedroom homes, which are hard to come by in the city and will likely appeal to empty nesters looking for extra space when the kids come back home or other family and friends come to visit. While there is no parking on-site, the building is less than half a mile from four MBTA “T” lines, buses and water taxi service, and the developer intends to secure nearby rental parking. Also, storage for one bike will be provided with each unit.
Where: 131 Beverly Street (North End/West End)
When: Late 2016
Residences: 175 luxury condos
Additional Details: Residents of this 14-story tower will have access to beautiful harbor and city views, along with high-end amenities and retail. Interestingly, the developer is building this sizeable complex, including Converse’s new corporate headquarters, without any on-site parking; however, there is lots of public transit nearby and quick access to the Harborwalk. The elimination of parking freed up space for a great waterfront park (with seating and plant life) and a two-story pavilion that connects pedestrians to North Washington Street Bridge (known colloquially as the Charlestown Bridge) and the Harborwalk.
Where: 1 Franklin Street (Midtown)
When: Summer 2016
Residences: 442 residences, including a mix of one, two and three-bedroom units ranging in size from 759 to 12,846 square feet
Additional Details: This 60-story, 685-foot shimmering glass skyscraper, promising to transform Downtown Crossing, is nearly sold out. The most anticipated residential project in the city’s modern history, the tower will stand at the center of a reinvigorated downtown Boston, and provide residents with one-of-a-kind amenities, the exclusive La Vie® lifestyle program and on-site access to vibrant retail, restaurants and a new Roche Bros. gourmet supermarket.
Siena Condos at Ink Block
Where: 300 Harrison Ave (South End)
When: Fall 2017
Residences: 79 units, which will include several 600 to 1,200 square-foot maisonettes (French for little houses)
Additional Details: The second luxury condo development that’s part of the new and successful Ink Block community will include traditional style high-end one- and two-bedroom units as well as several townhouse-style units with street-level front doors. An abundant package of features and amenities includes a sky bar with city views, access to the swimming pool at Ink Block, garage parking, a brand new Whole Foods Market, restaurants and shops.
Where: 45 First Ave (Charlestown)
When: April 2015
Residences: 54 units including studios from 500 to 507 square feet, one-bedrooms from 766 to 862 square feet, and two-bedrooms from 790 to 1,036 square feet.
Additional Details: Over 50% of these homes in Charlestown’s Navy Yard are sold. Noted for its reasonable prices, residents will enjoy contemporary features, Bosch 500 series appliances, quartz-topped kitchen counters and bath vanities, walnut floors and nine-foot ceilings and amenities including 24/7 concierge, bicycle storage and nearby rental parking. Prices range from the high $300,000s to the high $700,000s depending on the size and floor plan of the unit.
If you’re looking for a new construction condo along with all of the benefits of the Boston lifestyle, let’s make an appointment to discuss and tour some of these (or other) new developments in the city.