Archive for the 'Boston Luxury Condos' category

Graphic rendering of The Element in Allston

The Element in Boston, a new luxury apartment building touting its ‘green’ designation, showcases an ingrained passion for quality and nature. The Element is the first in a series of innovative, environmentally-conscious luxury apartment buildings in Allston, known as the “Green District.”

The demand for Boston’s new LEED-certified construction is reaffirmed by how quickly the building was leased, and by the responses of the residents. Leasing began on the green-certified building almost a year ago; its 100 luxury apartments were preleased in eight weeks.

And it’s no wonder why – with luxury finishes and clean design, a movie theatre, a fitness center, and a rooftop terrace, who wouldn’t want to live at the Element? Recycling chutes and environmental lease clauses nudge residents to do their part to reduce harm to the environment.

Developer, the Mount Vernon Company, seeks to transform the portion of Allston, located between Commonwealth Avenue and Brainerd Road, into a forward-thinking green haven.

Follow the link to view the full listing page: The Element in Allston

To find out about availability at the Element, or to learn more about it’s sister building, the Edge, please contact Kristy Ganong at 617-375-9638.

(Top: Construction Progress, 10/4/12 - Jonathan Goldman, Boston Realty Advisors; Bottom: Graphic rendering, Avalon Exeter - avaloncommunities.com)

October 4, 2012 -- 88 Exeter Street, the site for the future Avalon Exeter in Boston's Back Bay neighborhood -- work is progressing on the luxury residence, and will be ready for occupancy in the fall of 2013. This amazing project is currently underway, and sure to be a big hit with renters looking for downtown excellence and style.

Unit Highlights:
• High-end finishes 
• Floor to ceiling windows
• Panoramic views of Cambridge, Back  Bay, and downtown Boston
• Avalon Access website portal (maintenance, utilities, payments)

For more information on luxury buildings like this and others like it, please contact me, Jonathan, at jgoldman@bradvisors.com or 617-320-6548.

Stay tuned to our blog for the latest updates on Boston's new construction projects and developments.

(Photo Credit: rentthevictor.com)

The Victor, the massive 284 rental unit luxury apartment complex in the North End is currently under construction on 195 Haverhill Street. The 361,000 square foot project being developed by The Simpson Housing Group has been under construction since late last year, and will be entering the Boston rental market in the 2013 rental season.  Including nearly 15,000 square feet on retail and commercial space on the first floor, The Victor is sure to make a lasting impression in an already high-profile trendy area. 

The North End neighborhood of Boston is world famous for not only its history, but also its fabulous restaurants, stylish boutiques, and now its sheik luxury residences that make the North End the place to be!

Made up of studios, 1 bed, 1 bed with den, and 2 bedroom floor plans, the units will also include the following amenities and features:

• Granite kitchen counter-tops
• Stainless steel appliances
• Hardwood floors
• Custom espresso Wedge-finished  Italian cabinetry
• Floor to ceiling windows
• Walk-in closets
• Washer and dryer in unit
• Building Amenities will include
• Silver LEED Certification design
• 5000 square foot fitness center
• Gaming lounge
• Private gourmet kitchen
• Roof deck
• Concierge in main lobby

The eleven story residential tower will also include a three story parking garage accommodating 142 indoor parking spaces for Victor residents.  Two penthouse levels will be incorporated into the residential stricture as well as a private floor access and private rooftop lounge. 

Located directly across the street form the North Station Green Line MBTA stop, and a two minute walk from the Haymarket Green Line/Orange Line T stop, The Victor is perfectly situated for the needs of any commuter in the Boston area.  Whether you work in Back Bay, the South End, the Financial District, or need to catch I93 to work, the luxury apartments at The Victor put you right in the middle of Boston’s bustling downtown transportation network.

(Photo Credit: avaloncommunities.com)

AvalonBay Communities Inc. is at it again! The luxury apartment developer is currently hard at work putting up the Avalon Exeter, at 88 Exeter Street in the Back Bay neighborhood of downtown Boston.  The sleek new construction project is underway, and expected to deliver an additional 187 rental units to the Boston market in the fall of 2013.  The residential tower will be an impressive 28 stories, and will offer studios, one-bedroom, two-bedroom, three-bedroom, and penthouse floor plan units.

Avalon Exeter boasts the state-of-the-art resort-style amenities that clients have come to expect from the Avalon brand name:

    •    Fitness center
    •    Swimming pool
    •    Lounging decks
    •    Clubhouse
    •    Playgrounds
    •    Garage parking
    •    Concierge
    •    LEED certification

The Avalon Exeter will also include high-end finishes, typical of the Avalon name, floor to ceiling windows, and panoramic views of Cambridge, Back Bay, and downtown Boston. 

As if these luxury amenities weren’t enough, Avalon Exeter, along with all AvalonBay luxury rental communities offers its tenants its prestigious Avalon Access website portal; where tenants can make maintenance requests, set up utilities, and make rent payments online.

The future luxury building will be located on Exeter Street next to the Lenox Hotel and opposite the Prudential and Copley Malls; which, given the immediate location, tenants will enjoy open access to the malls. 

As noted, this luxury building is scheduled for availability starting in fall 2013. Alternatively, if you or need housing immediately please call me, Jonathan at 617-320-6548 or jgoldman@bradvisors.com.

The Avalon at Prudential is a luxury apartment complex located just down the block from this project, and the amenities and units are not only very comparable, but practically identical.
 

(Photo Credit: boston.curbed.com)

Developers have finally broken ground and began construction on the much anticipated 120 Kingston Street project in Boston’s Chinatown neighborhood. The Boston Redevelopment Authority Board gave final permission to project developers Forest City Residential and Hudson Group North America to begin construction on their proposed 26 story residential tower. The $130 million project will add another 240 high end rental units to the Boston rental market by the beginning of the 2014 season.

Located at 120 Kingston Street on the edge of Boston’s Chinatown district, the apartment complex will run along the Rose Fitzgerald Kennedy Greenway and feature studios, one bedroom, two bedroom, and three bedroom unit floor plans. The project is being led by the architectural firm of Elkus Manfredi Architects, and will incorporate designs of granite, concrete, and glass into the 26 story tower.
 
The structure will also have 4,500 square feet of retail space incorporated into the building for shops and a planned restaurant with outdoor space. There will also be a 2,000 square foot outdoor space along the Rose Fitzgerald Kennedy Greenway. The residential tower is expected to boast fantastic views of both the Boston Commons and South Boston’s Seaport District.

The development is being constructed over the site of the former 113 year-old Dainty Dot hosiery building, which the developers first purchased in 2006.  The 120 Kingston project was previous approved in 2008; however, original plans for a smaller structure with less rental units were put aside for a grander design supporting a larger scale development. 

While this development is underway and not yet ready for the upcoming rental season, we have several comparable listings in and around Chinatown, the Leather District, and South End neighborhoods. These include The Residences at 210 South Street, The Metropolitan, and other luxury apartment buildings in Boston.

Please contact Jonathan at 617-320-6548 or jgoldman@bradvisors.com to schedule a showing of available apartments and luxury units in the downtown areas.

(Photo Credit: 50wb.com)

South Boston’s new luxury rental apartment community at 50 West Broadway, located directly across the Broadway Red Line T Stop, is one of the best new construction developments to his the Boston rental market within the last few years. The building is situated just steps away from the South Boston neighborhood with some of the best restaurants and shops in the Boston area.  50 West Broadway has been designed as an efficient, eco-friendly, and smoke free residence, and built to be state-of-the-art in terms of comfort and style.

Offering studios, one bed, and two bedroom floor plans, each unit at 50 West Broadway comes with complete with:

•    Energy efficient kitchen
•    Stainless steel appliances
•    Granite countertops
•    Custom maple cabinets
•    9 foot ceilings
•    Wash/dryer
•    “oversized” closet capacity
•    Patio (premier units)

Building amenities include:

•    24 fitness room
•    Cable/internet ready
•    Underground parking
•    Full kitchen for private functions
•    Bicycle storage
•    Private outdoor courtyard
•    Community room with WiFi and TV
•    Trash an recycling on each floor
•    24 hour maintenance response

With studios starting at $1985.00, one bedroom units starting at $2216.00, and two bedroom units starting $3505.00 the luxury apartments at 50 West Broadway is the ideal choice to those looking to live in the downtown Boston area, but not pay downtown prices.  

If you would like to schedule a viewing of this magnificent Boston luxury apartment complex, please call Jonathan at 617-320-6548 today, available seven days a week!

Alternately, you may also follow the link to view available luxury apartments in Boston.
 

(Photo Credit: Boston.com)

The development momentum in the South End continues to accelerate with the latest new construction project, the residences at 275 Albany Street at last being unanimously approved by the Boston Redevelopment Authority Board.  The approved project is actually a resubmitted plan for a preexisting project by the very same developer, first submitted in 2010.

Normandy Real Estate Partners, had originally planned to build two hotels, containing an estimated 408 hotel-room sized units, but in August of this year they handed the Boston Redevelopment Authority Board a Notice of Project Change, indicating their new desire to construct only one hotel, and in the place of the other build a 19 story residential tower and full service luxury apartment complex.

Originally priced at $125 million the double hotel project on Albany Street has now transitioned to become a $150 million apartment complex and hotel.  The 1.3 acre site is being envisioned as a “mixed-use” development, conceived by architects from Add Inc., will feature not only residential, but commercial and retail space for shops and restaurants to occupy.

The residential tower will be made up of a planned 220 luxury rental units, made up of studios, one beds, and two bed floor plans.   The adjacent hotel will now be designed as an eleven story complex with 325 hotel-sized units, with a 3 story parking garage sitting between the hotel and residence structures, offering an estimated 165 garage parking spaces.

The new construction at 275 Albany Street joins the Ink Block at 300 Harrison Avenue, also in the South end and slated for starting construction late this tear or early next.  Boston city planners have started to refer to this area as the Harrison-Albany Corridor; which only since recently has enjoyed some high levels of publicity caused by all the new construction projects announced in the areas and adjoining neighborhoods.  The landscape of the downtown and South End areas will no doubt look completely different within the next two to three years. Stay tuned!

Current Residential Availability:
Boston Luxury Apartments in the South End
 

(Photo Credit: boston.curbed.com)

The South End is the latest neighborhood in Boston to become a site of a brand new luxury apartment complex aimed at revitalizing a once bustling area of downtown.  The site of the old Boston Globe headquarters at 300 Harrison Avenue has been chosen by the investors at National Development to become the site for their new 6.2 acre luxury apartment complex tentatively called, the Ink Bock.  The Boston Redevelopment Authority has been approached by National development to begin construction on the new $200 million project, for delivery into the Boston rental market of 2016, adding an estimated 471 units to the South End neighborhood.

The 548,900 square foot “mixed-use development” is being built in what Boston city planners have nicknamed the Harrison-Albany Corridor, and in addition to the residential units being built, the architects also have 85,000 square feet set aside for commercial and retail businesses.  The project being designed by the architectural firm Elkus/Manfredi Architects plans to provide space for a grocery store (now being reported to be a Whole Foods), shops, and restaurants.  The luxury apartment complex will also be joined by a total of 411 parking spaces (both indoor and outdoor), bicycle parking, a Hubway location, and zip car parking spots. 

The Ink Block project  will feature a thus-far planned 471 rental units, made up of one, two, and three bedroom floor plans spread across an intended five building complex, made up of five to nine story glass buildings.  National Development plans to demolish the standing structure, that is the former Boston Globe headquarters (the new Globe headquarters was recently moved to a new location in the Seaport District) and begin construction late this year or early next.  The proposed Ink Block development joins other new construction luxury apartment projects in the South End at 275 Albany Street and 345 Harrison Avenue.  Add the South End to the list of neighborhoods in the downtown Boston area that has literally become “under-siege” by exciting and promising new construction projects.

Related Residential Listings:
South End Luxury Apartments

Photo Credit: boston.curbed.com

The “power-house” development firm, Millennium Partners LLC,  is right back to work in Downtown Crossing, with the Boston Redevelopment Authority granting approval on its plans to build a whopping 55-story residential skyscraper in the heart of downtown Boston.  Located at the former Filene’s site on Washington Street, the new development is expected to cost an estimated $620 million to build. Construction is set to begin within the next year, with delivery slated for the 2016-2017 rental and sales peaks.  The ambitious project, totaling 500-600 rental units, takes a giant leap forward with this new approval from the city with the key involvement of Millennium Partners LLC.

Long referred to as the “Burnham Building restoration project,” the city of Boston had met with developers and planners for years in hopes of turning the site into something beneficial to the Downtown Crossing area. Previously, the site had been under agreement with developers from Vorando -- a New York based real estate investor -- but plans for the 39-floor project they envisioned never got off the ground; efforts to reenergize the development also fell silent.

Enter Millennium Partners!  Millennium Partners LLC is no stranger to the Boston development arena, Millennium Partners had already built the Ritz-Carlton, Boston Common hotel and residences, and now, it is currently constructing Millennium Place, a 15-story full-service luxury residence. The level of new construction and redevelopment in the Downtown Crossing area is unprecedented, and as city planners hope, will add new residents and business opportunities to the city for years to come.

When completed, the 55-story, 606-foot building will become the third tallest standing structure in the city of Boston, behind only the John Hancock tower at 790 feet, and the Prudential Building at 751 feet.  In addition to the 500-600 residential units planned in Millennium Tower, the developers also intend to fully restore the 100 year old “historic” Burnham Building and use 230,000 square feet of the first several floors for commercial and retail space.  The site will also feature a “Shopper’s Park” and outdoor amphitheater to energize pedestrian activity in the neighborhood.

Related Listings
Luxury Apartments in Boston

(Graphic Rendering of the Kensington)

In October of 2011, Kensington Investment Co. Inc. and National Development broke ground on their planned 27-story residential tower at Washington and La Grange Streets, now being called The Kensington, in the Downtown Crossing neighborhood of Boston, between Chinatown and the Theater District.  The estimated $172 million project encompassing more than 345,000 square feet, will introduce 385 brand new apartments to the already increasing rental housing market of the downtown Boston area.  The Kensington project joins the ranks of several other new construction projects in the immediate area; such as the nearly completed Millennium Place that will all be ready for occupancy starting in the late 2013 rental season.   

In addition to the units on the above floors, the development will have 4,000 square feet put aside during construction to leave available for future retail and commercial space.  The Kensington apartments will sit on top of what used to be the Gaiety Theater, once home to cinematic, burlesque, and vaudeville performances until its demolition in 2005.  The partners behind this bold new construction have also planned to reserve space for the display of old artifacts from the Gaiety Theater for exhibition purposes.

Related Rental Listings and Residential Availability:
Boston Luxury Apartments

Unlike many cities in the United States at this time, consumer belief in the Boston rental market is at an all time high.  Investors and developers believe that Boston is uniquely primed for such expansion because of the many university and graduate students who chose to remain in the Boston area well after they graduate their degree programs.  It is this reason, above all, that the demand for apartments by men and women in the age group, Generation Y, that is driving this increased growth in the Boston rental market.   

For more information regarding rental housing in Boston’s Downtown Crossing, please contact me. I can assist you with finding an apartment in Downtown Crossing.

Jonathan Goldman, Residential Leasing Associate
T: 617 850 9614
email: jgoldman@bradvisors.com