Back Bay

Back Bay Condo Market Snapshot

Back Bay World-famous Newbury Street

World-famous Newbury Street

Back Bay is one of Boston’s most sought after areas, with some of the best shopping along Newbury Street, beautiful brownstones, iconic buildings and a huge range of dining options.

The current Back Bay condo market has 81 listings on the market with an average listing price of $2,826,623. Are you looking for your new home in the Back Bay? Check out the latest listings and contact us on contact@advisorsliving.com.

back bay condo market

There are a huge range of listings throughout Back Bay to suit everyone, as well as a range of buildings offering high-end amenities in prime locations.

From high rises to historic brownstones, no matter what type of home you’re looking for, the Back Bay offers a huge range of options. Check out the latest listings here.

Newbury Street Closed to Cars for One Day

Newbury Street

During a Twitter chat with the mayor last week many Boston residents suggested the idea of closing some of the cities’ most popular streets to cars for select days and opening them to pedestrians.

City officials have now confirmed that this idea has already begun taking shape for months and Newbury Street will be closed to cars for one day this summer.

By mid-June city officials will announce what day this will occur in the popular Back Bay shopping area. This will be the first test day in what will potentially be a reoccurring event throughout the city.

“The ability to let the public and pedestrians go in a place normally owned by vehicles and not be hindered by traffic and worry about crossing the street is a good thing,” said Jerome Smith, Mayor Walsh’s chief of civic engagement.

If this initial event attracts enough attention and works well then the city will look at ways to expand the initiative to other streets or to occur more frequently.

Depending on how businesses feel about the day and how well it works with the surrounding area it could even become a monthly event.

While the public has shown an excitement for the idea, certain safety precautions need to be made and specific event details need to be laid out before the concept becomes a reality.

What do you think of the idea? Let us know and stay tuned for the official date!

TJ Maxx Opens on Newbury Street

Newbury Street TJ Maxx

TJ Maxx has finally opened on Newbury Street, a date that has been marked on shopaholic’s calendars for months.

The Back Bay location on the corner of Newbury Street and Massachusetts Avenue is a welcome addition to the plethora of shopping already available in the area.

With three floors and 45,000 square feet of shopping space, residents, visitors and professionals in the area have their new go to spot for designer brands at discount prices.

A fully stocked beauty section, a huge shoe department as well as everything else you’d expect from a TJ Maxx is available at the new location. Some high tech additions have also been included in the store such as wi-fi and charging stations.

One of the most exciting aspects of the new store is the Runway section, which is only available at 80 TJ Maxx stores in the country. The Runway features pieces from top of the line luxury designers such as, Christian Louboutin, Versace and Yves Saint Laurent.

There has been huge amounts of anticipation leading up to this opening and the historic building and prominent location are promising for future success.

Were you at the opening? Let us know in the comments below!

Boston’s Best Outdoor Spring Spaces

Boston Spring Spaces Parks

Whether it’s biking, running, kayaking, playing or just walking, neighborhoods around Boston have a great selection and range of outdoor spring spaces. Now that the weather is warming up it’s the perfect excuse to get out there ahead of the summer crowds.

Cambridge 

Just outside of the hustle of Boston, Cambridge has a selection of parks and paths to help you get some fresh air. You can get onto the 18-mile Dr. Paul Dudley White Bike Path and follow it down the Charles River. You’ll pass through plenty of parks along the way and some great skyline views.

For those more interested in staying in one place, Magazine Beach offers 15-acres of public park on the banks of the Charles River.

Beacon Hill

Located between the Hatch Shell and the Longfellow Bridge, Community Boating Inc is the nation’s oldest public sailing center. Open to all ages and abilities it is the perfect place to learn to sail or hone your skills. Spring open houses are the perfect time to get involved.

South End

What was once an open landfill is now six miles of beautiful paths, canoeing spots, athletic fields, playgrounds and picnic areas. Millennium Park is a lively spot for residents of the South End and beyond thanks to its close proximity to Downtown Boston.

Fenway & Back Bay

Recreational docks line the Charles River through Fenway and Back Bay thanks to the Esplanade Association. Open for fishing, picnicking, lounging or exercise, these are mini-retreats from a tourist-filled area of the city, especially when the sun is out.

West End

The Charles Bank Park has something for every age, including, a playground, wading pool and tennis courts. Catering mostly to families with children, this is a perfect escape in the West End.

Check out all of the activities and areas across the Esplanade on the Charles River.

The Price of Boston Parking Spaces

Boston residents are willing to pay a hefty price for prime parking, but just how much do these prices vary throughout the city?

A report by the real estate research site NeighborhoodX breaks down the purchase price of various Boston parking spaces throughout some of the most popular residential areas. The prices range from $50,000 in South End to the most expensive on the list, $390,000 in Beacon Hill.

With Beacon Hill being one of the city’s most sought after residential neighborhoods, it’s no surprise you’ll have to pay top dollar to park there too. The Brimmer Street Garage parking spaces generally range from $250,000 to $390,000.

Back Bay parking follows close behind, with the most expensive spaces on Marlborough St. priced at $305,000, approximately $1,743/sq.ft. There are a few cheaper options in this area as well, with a spot purchased on Newbury Street for $108,500.

Downtown is right in the middle, with a parking space purchase price of $105,000. The cheapest parking spot sales happened in the South End, ranging from $50,000 to $87,500.

Find your new home in these locations and more with Advisors Living. Email us for more information at contact@advisorsliving.com.

Transforming Boston Train Stations

Back Bay Station

Three major real estate developments are set to transform three of the biggest Boston train stations: North Station, Back Bay Station and South Station.

The Boston Globe reported that these complex projects will bring with them residential towers, retail complexes, parking garages, improved train stations and even potentially one of the tallest buildings in the city. To keep up to date on the latest information regarding all of these new developments as they happen click here.

Developer Boston Properties has created a vision for the transformation of Back Bay Station, including three towers of 26, 28 and 34 stories rising above the station. Not far from the One Dalton luxury residences, this trio would include approximately 600 residences, retail and office space. The whole area would total around 1.26 million square feet and would reconnect Back Bay and the South End.

While the ambitious Back Bay project may be a few years away, Boston Properties along with Delaware North have already begun the project planned for North Station. The Hub at Causeway includes a 38-story residential tower, a large retail complex, restaurants, offices, hotels and an improved station.

South Station is also facing exciting change and could finally see one of the city’s biggest towers from the Houston developer Hines. The two tower project could reach 677-feet and is being developed to include more housing while also including office space and hotels.

Follow these new developments as they happen with Advisors Living. Email us at contact@advisorsliving.com.

One Dalton Stands Tall Among Luxury Residences

one dalton

One Dalton rendering by Pei Cobb Freed & Partners

Situated in Boston’s Back Bay, the development of One Dalton, according to Boston Magazine, is poised to be the tallest residential building in Boston. At 61 stories, One Dalton will elevate the Back Bay skyline with development to be completed by 2018.

Managing the building will be the hotel company, the Four Seasons. The number of residential towers managed by Four Seasons is a rarity, occurring only in London, New York and Shanghai. Now, Boston will join that trio. The developer on the project, Richard Friedman of Carpenter & Company, is a well-recognized luxury developer in the Boston area. His work can be found in luxury sites like the Liberty Hotel and Charles Hotel. Working with Friedman are Architect Henry Cobb and interior designer Thierry Despont. Bostonians recognize Henry Cobb’s work for his designs of the John Hancock Tower, Boston’s tallest skyscraper.

Like the design of the John Hancock tower, One Dalton will be a towering glass structure with floor-to-ceiling windows and 360-degree views of the Boston skyline in one of Boston’s most popular neighborhoods. The curved front of the building will complement the existing neighborhood paths and lead to the entrance of the Four Seasons Hotel that will sit on its lower levels with 184 luxury condominium units above it.

Thierry Despont will design the interior of One Dalton. Like that of Friedman and Cobb, Despont is also well versed in the luxury market, having worked on projects such as London’s Claridge’s hotels and the Ritz Paris.

One Dalton will feature luxury amenities such as a private restaurant on the 50th floor, a private theater, spa, golf simulation room and health club. A 24-hour valet, laundry services and housekeeping add to the five star amenities.

Boston is taking luxury to new heights with Millennium Tower being constructed in Downtown and Twenty Two Liberty rising in the Seaport. Friedman says Boston is ready for such luxury residences. Soon Back Bay will add to this changing landscape becoming home to the tallest luxury residence that will form the Boston skyline.

Learn more about One Dalton or other luxury condominiums in the Back Bay area email us at contact@advisorsliving.com.

Back Bay Station Redesigned

Back Bay Station

A towering gray structure blankets the Back Bay Station south of Copley Square with commuters hustling in and out of the front glass doors making their way to and from their MBTA and Amtrak trains.

Boston Properties, a development company in Boston, wants to take the current concrete building and put a 1.4-million-square-foot mixed-use complex in its stead. The redesign would feature an expansive glass tower with office space, two new residential buildings, retail, and a redeveloped parking garage.

Images from Boston Properties’ proposal to the Boston Redevelopment Authority show a tower of mismatched rectangular boxes stacked high atop the current site. The exact height and type of residences were at first left unanswered. However, new updates reported by Curbed showed the inclusion of three towers at 26, 28 and 34 stories respectively. The tallest would house 600 residences while the first tower is likely to incorporate a supermarket and department stores.

Bringing the two communities of Back Bay and the South End together through the revitalization of Back Bay Station and the addition of businesses and residences would be an added benefit to the proposed station design.

To see new developments and luxury residences in the Back Bay area email Advisors Living at contact@advisorsliving.com.

Simon Says: It’s time to transform Copley Place

Elkus Manfredi Copley Place Residences Rendering

Elkus Manfredi Rendering

The Simon Property Group based in Indianapolis will begin the renovation of the Copley Place retail center in September and the Copley Place Tower by the end of the year.

This multi-million dollar project will update and improve the space within the Copley Space Complex. This 800,000 square foot complex is made up of commercial office space, retailers, parking garages and two hotels.

The planned enhancements to the interior of Copley place will include new flooring, improved escalators and handrails, updated and new restrooms as well as an upmarket yet relaxed dining experience. Simon has recognized the need to be more environmentally friendly by using LED lighting and installing an electric vehicle fast-charging freedom station.

This transformation of Copley Place will bring major improvements and additions to this area of Back Bay.

Copley Place Residences finally Moving Forward

A project that has been in the works for almost 7 years has taken a long awaited next step towards becoming a reality.  The Boston Redevelopment Authority has worked long and hard to help facilitate negotiations between Simon Properties and the local community in order to reach a compromise.  The sticking point has long been the question of the number of affordable units that will be incorporated into the residential component of the Copley Place expansion.  Back in April, the BRA had pulled the project from their agenda amidst heated debate between the developer and the neighborhood activists but what a difference a month makes.  The parties have now agreed on 76 of the 542 total residences to be affordable, a number that both could live with.

The new residences, comprised of 1, 2 & 3 bedroom units, will equate to 690,000 square feet and will reach 52-stories.  The other piece of the project will be a Neiman Marcus expansion along with other additional retail space.  When all said and done the combination of retail and residential will total a whopping 1.96 Million square feet.  The Elkus Manfredi design will greatly improve the esthetics of the area and will enhance the pedestrian experience.

There isn’t a timeline yet for the expected completion of the Copley Place Residences but it will be joining a long list of Back Bay luxury buildings with the likes of The W, Four Seasons, The Clarendon and Zero Marlborough to name a few.  The additional retail will add to the endless amount of shops and restaurants that already exist in the area.  The Back Bay has always been a very desirable place to call home and by the time these new residences are complete, they will be the latest and greatest and will no doubt be highly sought after.

Elkus Manfredi Copley Place Residences Rendering

Elkus Manfredi Rendering