Real Estate News

The latest news about the residential real estate market in Boston and the surrounding areas

Second Phase of Waterside Place Approved by BRA

The Boston Redevelopment Authority has already approved six new development projects this month, totaling over one million square feet.

Four of these six projects are residential and will bring new housing units to many areas around Boston.

One of the largest scale projects to gain approval is the second phase of Waterside Place in Seaport.

Waterside Place Seaport

Credit: BRA

This development on the South Boston Waterfront has been a work in progress since 2007 and although it has been altered many times it will finally be adding on to the current development that opened there in 2014.

The next phase will include 307 rental apartments across a 23 story building adjacent to the current development.

Apartments will range from studio to three bedrooms, with 62 ‘innovation units.’ These units will be smaller than the rest, but benefits from the building’s communal amenities.

Along with the residential development will be 3,500 square feet of retail space.

As a part of the Massport property, Waterside Place benefits from great connections to public transportation with MBTA’s World Trade Center Silver Line stop right next door. South Station is also very close by.

Construction is scheduled to begin at the beginning of 2017 and be complete by early 2019.

Contact Advisors Living for more information on new developments around Boston. 

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