Boston is experiencing a historic building boom, and the flurry of construction includes a new generation of high-end residential towers that are being built across the city. Anticipating demand from suburban empty nesters seeking an easier, lower maintenance city lifestyle as well as from investors, developers have been creating ultra high-end condos that offer levels of amenities previously unknown in Boston. Buyers here are expressing their appeal for this super-luxury living where amenities, more than architecture, are driving their purchase decisions. These high-profile buildings are also bringing exciting change to their surrounding neighborhoods.
Four Seasons Private Residences One Dalton Street, Back Bay: At 61 stories and 699 feet, the Four Seasons Private Residences One Dalton Street is set to be the tallest building constructed in New England in decades, and the third tallest on the Boston skyline. Located above what will be the city’s newest Four Seasons Hotel, with a separate residence entry, floors 25-61 will include 180 private residences featuring unobstructed views,11-foot ceilings,bay windows, a luxe amenities package akin with the finest in hotel-serviced living, along with a 70-foot wrap-around swimming pool, an Imax cinema and a private restaurant club on the 50th floor. To be completed in 2018, residents here can call the coveted Back Bay their home, where restaurants, art galleries and boutiques abound, along with a new urban park that will be built directly across from residents’ entrance.
Millennium Tower, Downtown Crossing: The city’s tallest residential building so far (a status it will quickly relinquish to the Four Seasons) is on track to completely sell out its 442 residences before it even opens this summer. Last month, the “grand penthouse” with an asking price of $37.5 million went under agreement, making it the highest price paid for a residence in Boston. The much anticipated Millennium Tower features a giant amenities package that includes a 24-hour concierge, a library, a game room, the largest residential fitness center in Boston, an outdoor terrace, an indoor junior Olympic lap pool, a private ballroom, a bar, and exclusive restaurant services overseen by star chef Michael Mina. The tower is credited for being a key catalyst in transforming one America’s oldest neighborhoods. The developer has already renovated the former, turn-of-the-century Filene’s building that now includes office space, an upscale Roche Brothers supermarket, and Primark, a top European retailer. With new residences, shopping, dining and retail – and several business moving into the area – Downtown Crossing is now a 24/7 neighborhood and faces a much brighter future than it has had for many years.
Pierce Boston, Fenway: Another of Boston’s emerging glass towers, and the first upscale condos to be built in the Fenway neighborhood after hundreds of apartments, is Pierce Boston. The 109 condos for sale (there are 240 rental units) encompass a mix of one, two and three-bedroom units, including five penthouses on each of the top two residential floors, and are priced from $850,000 to $5 million. The units will all have floor-to-ceiling windows with various city views, as well as high-end finishes. The exclusive amenities and premium services offered include a sky top pool with an expansive deck, and 18th-floor yoga studio and “Pierce Platinum,” a collection of curated services and events for home owners. The construction of the Pierce marks the latest chapter in an ongoing transformation of the streets around Fenway Park that began more than a decade ago. When the building is completed in early 2018, residents will be able to walk out their door and find trendy restaurants (that are far from the pre- and post-ballpark norm), a Wegman’s supermarket, CityTarget, home furnishing and décor options ranging from West Elm to Home Goods, and a playful, rock rock-’n’-roll-themed hotel called the Verb. Fenway has evolved into an amazing, vibrant neighborhood.
If you’re interested in new construction, luxury living in downtown Boston, please contact me. It would be my pleasure to offer insight on these residences and the dynamic neighborhoods that surround them.