Advisors Living is proud to announce the exclusive sales and marketing of The Archer Residences in Beacon Hill. The Archer Residences, a boutique collection of beautifully designed condominium homes, offers individualized details and a full-service concierge experience in Beacon Hill, one of Boston’s most desirable neighborhoods. From the magnificent roof terrace to the state-of-the-art fitness and wellness center, valet service, and exclusive indoor parking, The Archer Residences are designed to make life easier.
From The Archer Residences, many of Boston’s greatest attractions are just a short walk away. Feeling the team spirit? Enjoy the Celtics and the Bruins, two of America’s most successful and historic teams, at TD Garden. Or maybe you just want to take a relaxing stroll around the historic neighborhood? The Boston Public Garden, built in 1837, is a beautiful public park that offers boat rides around its swan-filled lagoon. Louisburg Square, a quiet, historic green near The Archer Residences, was once home to many famous 19th century figures, including architect Charles Bulfinch, painter John Singleton Copley, and author Louisa May Alcott.
The Archer Residences features 67 unique residences ranging in size from one to four bedrooms. Each residence has been thoughtfully designed, blending the historic character of Beacon Hill with an elegant hand-selection of materials and finishes.
Click here to schedule an appointment or call us today at 888-749-4805 to visit our sales center today at 20 Ashburton Place. We look forward to showing you what makes The Archer Residences the most exciting residential new construction project in Boston.
Currently there are 8,000 new housing units under construction throughout Boston, which is the highest amount of construction employment over the past 20 years.
This is no surprise to the growing housing construction considering the population is growing faster today than any other time in Boston’s history.
In a statement Mayor Walsh said, “Our population is growing faster today than at any time in our city’s history, and I’m committed to making sure that Boston stays affordable by meeting the demand of our growing city. By working across multiple agencies, this Administration is working everyday to bring new units on line at a variety of income levels, and we are seeing results.”
Since the ‘Housing a Changing City: Boston 2030’ plans were launched in October 2014 there has been a total of 17,183 housing units permitted or completed throughout the city.
The complex would be a five-story property located at 3193 Washington Street. As well as the condos, it would include ground floor retail space, on-site parking for 24 cars and 58 bicycle parking spaces.
Called The Stonybrook, the website describes the location as “impeccably designed middle-income housing.” The project plans to be eco-friendly by including electric car charging stations and rooftop solar panels.
The architect for the project is Embarc Studio Architecture + Design and the development is led by CRM Property Management Corp. The project’s design proposal explains how it will incorporate elements of the surrounding area while also visually enhancing the space.
In the letter to the Boston Redevelopment Authority, Dartagnan Brown, architect and principal at Embarc, wrote, “The majority of the building is clad in fiber cement panels broken up by two full height brick towers mimicking the historic Franklin Brewery building at 3175 Washington St. adjacent to the site.”
The third Monday of April is nearing which means the world’s oldest annual marathon is just around the corner. The Boston Marathon, one of the world’s best-known road racing events, takes place on Patriots Day. The event has been in existence since 1897, and this year marks the 120th race. For those new to the Boston area, the 120th Boston Marathon will be held on Monday, April 18th and will begin a little before 9:00am. The historic course starts on Main Street in the rural New England town of Hopkinton and runs through numerous other towns ultimately ending on bustling Boylston Street near the John Hancock Tower in Copley Square (and right by the Advisors Living headquarters!)
Along the marathon course, rowdy fans and elite runners have the chance to take in the new and under construction development projects that are coming to fruition. Ashland Woods, located at 277 West Union Street in Ashland, MA is the first development site near the marathon. Access to the race cannot get simpler if you live in the new 60-unit apartment complex developed by Trask. Ashland Woods is in the Highway Commerce Zone and includes two 32,000-square-foot buildings both holding 30 units.
From Ashland the runner will travel next into Framingham where Brendon Homes is quickly selling through the new construction development with detached, single-family style condos as well as attached homes. They also offer a single level living plan (ideal to go home to after a long run); so there is truly something for everyone. They have sold over 80 homes in the last year with Phase 1 completely sold out and Phase II nearing 80%. Phase III won’t be far behind.
On to Natick from there, home to one of the more unique properties on the route, Nouvelle at Natick. These luxury condos are attached to the Natick Mall and provide both luxury and convenience to its homeowners. This community sold out back in 2012 but re-sales do pop up now and then so keep an eye out!
The next of many miles lead runners through the beautiful homes of Wellesley, Newton and Brookline. These are some of the most affluent suburbs that Massachusetts has to offer. Spectators young and old line the streets in front of spectacular, single family homes and wonderful brownstones depending on what part of the course they are on. Brookline is also home to the Longwood Medical Area where Mosaic on the Riverway is being constructed. This 10-story building will have 42 luxury condos when complete later this summer. They are nearing 75% sold but there are great 1 and 2 bedroom options still remaining.
The home stretch will of course lead runners into the heart of the city. Veteran runners who ran last year will probably notice even more high-rise buildings like Millennium Tower and One Dalton or even 22 Liberty in the Seaport. All of these buildings have been rapidly growing into the Boston skyline.
If you’re looking for real estate along the Boston Marathon route, there are plenty of options and quite the variety. Prices will range in any of these towns but if you are looking to save a few dollars, you should run outside of the city, not in it!
The Boston International Film Festival (Boston IFF) has been one of Boston’s most prominent annual attractions for more than a decade. This April will mark the 14th year of the event and the people of Boston could not be more excited. This rich, cultural experience is unique to the downtown area and provides entertainment for movie critics and fans alike.
The Boston International Film Festival was created to celebrate the art of filmmaking and to honor the people behind the scenes. The festival is dedicated to rewarding artists for their individual talents and for their creative expressions. The Boston IFF unites local, national and international filmmakers and supports the work of worldwide independent filmmakers. The 5-day festival will begin on Thursday, April 14th and end on Monday, April 18th. The screenings provide a once-in-a-lifetime opportunity for audience members to engage in dialogue with the filmmakers, and for the filmmakers to receive honest feedback from their audiences.
There are over 100 screenings and live events scheduled throughout the festival, and will be held across three major locations in Downtown Boston, including the AMC Loews Theatre located at 175 Tremont Street, The Paramount Theatre located at 559 Washington Street, and the BPE Studio located at 9A Hamilton Place. Opening night will feature a Red Carpet event starting at 6:00pm followed by a movie screening from 7:00pm-9:00pm. Residents and future residents of the downtown area should strongly consider attending this vibrant event.
The cost of attendance depends on the experience you are looking to have. With that said, none of the experiences will break the bank. For those only looking for a night of fun you can purchase a screening pass for $45.00 and enjoy the screenings of that specific day. The second option is an All Screening pass, which is $75 and lasts throughout the festival, providing admittance to all screenings. Last, but not least, is the All access VIP Pass that cost $250.00 and they allow you to meet the stars and filmmakers, go to each of the parties, and see any of the films. Regardless of the option you choose, you are in for a great atmosphere filled with talented people and thought-provoking films. Attractions like this are just another great perk of living in and around the city of Boston.
Perched along the waterfront at the edge of Pier 4, sits the empty building that once housed Anthony’s Pier 4 restaurant. This week Anthony’s Pier 4 restaurant could finally see demolition, according to The Boston Globe.
Tishman Speyer, a New York development company now owns the property and has plans to redevelop the area, incorporating it into the vastly expanding Seaport District. A 9-story luxury condominium with 100 units is set to go up in its place at Pier 4.
Surrounding that are plans for a one-acre park at the end of the pier where residents and locals can take advantage of strolls and evenings along the water’s edge. President of site developer Tishman Speyer, Rob Speyer, said, “We need to honor the site’s history by creating something that will be as relevant to the future as [Anthony’s] was to the past.”
Opened in 1963 by Anthony Athanas, an Albanian immigrant, Anthony’s Pier 4 was a staple of the Boston Waterfront. Celebrities like that of Elizabeth Taylor and Richard Burton, and even Julia Child dined at its white table-clothed tables. Celtics players, businessmen, politicians and United States presidents walked through its doors.
Plates of popovers, local seafood dishes and an extensive wine list, made Anthony’s Pier 4 a favorite among locals as well. Overlooking Boston’s harbor, Anthony’s Pier 4 restaurant hosted fundraisers, family dinners and business meetings with views of Boston’s harbor teeming with boats and vessels.
At one point in its storied past the restaurant was one of the most profitable restaurants in the nation, bringing in $12 million a year. Three years ago, Anthony’s Pier 4 shuttered its doors to patrons as the family focused on other businesses.
As the demolition of Anthony’s Pier 4 paves the way for new cityscapes, the surrounding Seaport District continues to evolve into a live, work and play neighborhood. Amid the new Pier 4 luxury residences will sit a 13-story, 373,0000-square-foot commercial building and two levels of parking to draw residents from all over Boston to the Seaport District, just as its restaurant predecessor had once done.
Twenty Two Liberty and Fifty Liberty are other luxury condominiums and apartments building up the Seaport District, near the site of GE’s new headquarters in Fort Point.
As the first quarter of 2016 comes to a close, the volume of sales in the luxury market has continued its upward trend of year-over-year growth. We’ve seen an 11% year increase in luxury sales from December 2015-February 2016 in comparison to December 2014-February 2015. This increase can be partially attributed to the delivery of 22 Liberty in the Seaport. However, a large part is also a result of the increase in existing inventory value.
The demand for new luxury construction in Beacon Hill continues to climb despite the high barrier to entry in this picturesque, historic neighborhood. Since 2012, the average price-per-square-foot for luxury condominiums sold per year in Beacon Hill has increased by almost 35%, further illustrating that luxury real estate today is very hot. It’s also the investment choice of many because it is viewed as a “safer” and “higher return” option compared to investing money in the stock market or in a bank CD.
As more and more buyers purchase real estate in Boston, prices will only continue to increase in this supply-constrained market until new inventory is built or old inventory that is severely dated is purchased, renovated and resold.
New developments are creating exciting investment opportunities as builders continue to move forward with their projects per the market demand. Today, it has become even more important to understand the luxury market and stay appraised of the current offerings in Boston in order to secure a new home or investment property to not only have a comfortable place to live but an investment that will maximize its return later on.
Below are several current investment opportunities in the Beacon Hill neighborhood:
73 Mount Vernon Street – 73 Mount Vernon Street is a nine unit, +/-8,514-square-foot brownstone that offers investors the opportunity to own a rarely available asset with value-add potential. The property features brick construction, elegant window lines, lawn space and unobstructed rooftop views spanning the Financial District to the Charles River. It is situated along the south slope of Beacon Hill, across from the height-restricted horse stable building, which allows for views across the hill and is just steps from Louisburg Square. Working gas lamps and brick sidewalks accentuate the charm of this distinguished residential area, cordially referred to as “Billionaires Row.” With a starting price at $6,500,000, which includes plenty of outdoor space including a large front yard in the most desirable part of Boston, this has the potential to be a very savvy investment.
Maison Vernon – Maison Vernon is a newly developed residence featuring seven luxury condominiums ranging in size from 1,911 square feet to 3,990 square feet. This property overlooks the nation’s oldest public park and is situated at the top of Beacon Hill on the corner of Mt. Vernon Street and Joy Street. Amenities include 24-hour valet parking service, resident storage, concierge service and wine storage. Current units for sale range from two to three to four bedroom floor plans and are priced between $2,995,000 – $5,595,000.
25 Beacon Street – 25 Beacon Street is a six full-floor unit redevelopment right next to the State House. Among these beautiful luxury residences is an $11,500,000 penthouse with bike storage, direct elevator access, a wine cellar, and parking for two. Amenities for the whole building include a 24/7 concierge service, roof deck, and fitness center.
The Whitwell– Located at 32 Derne Street, these 14 luxury homes are just a few steps away from quintessential Beacon Hill shops, restaurants, antique galleries and all that Charles Street has to offer. These homes range in size from 2 to 7+ bedroom residences from 1,850 to 3,250 square feet. The Whitwell also has three large penthouses with private terraces and open floor plans overlooking the State House and Charles River for as much as $12,750,000. Amenities in the Whitwell include direct elevator access to onsite underground deeded garage parking, an onsite concierge and a common rooftop terrace.
The Seaport isn’t the only neighborhood getting more luxury condominiums. Not to be outdone by it’s waterfront neighbor, South Boston is likely to get a nine-unit development on a street once dominated by industrial space, according to Boston Business Journal.
The proposed project by Donald Clancy, a South Boston-based real estate developer, would be located at 377 W. First Street and feature a 361-square-foot office space and 15 garage parking spots. The development is alongside
Fenway could also see new construction in Audubon Circle. BldUp noted a Small Project Review Application was filed for a mixed-use space at 839 Beacon Street.
The proposed 5-story building would have 45 rental residential units and 4,500 square feet of ground-floor retail space. The development team is looking to begin construction of the proposed building at the end of 2016.
Crossing Massachusetts Avenue to the tree-lined streets of Harrison Avenue, the Boston Medical Center rises to your right, busy with residents and physicians milling in and out.
Walking down Harrison Avenue, you’re met with an array of businesses, hospitals, brunch spots, and architecturally brilliant churches and brownstones. At 775 Harrison Avenue sits the Church of the Immaculate Conception, the proposed site for a redeveloped 62-unit condominium. This is the second church-to-condo development project within the South End. The first being The Lucas located just Northeast of this property.
As you look to your left and duck into the neighboring offshoots of streets you stumble across some of Boston’s best kept brunch secrets. The South End Buttery is tucked off on one of these small side streets, filled with the clattering of brunch and laughter from local residents. Tremont street dazzles with boutiques and a posh nightlife, housing local favorites like that of the speakeasy Beehive and pizza restaurant Picco. As you make your way back to Harrison Avenue and continue East, to your right sits 600 Harrison Avenue. 600 Harrison Avenue is one of the many new luxury apartment developments planned for Boston’s South End with 160 apartments, an expansive roof deck, retail space and parking.
At the intersection of Harrison Avenue and East Dedham Street begins the proposed Harrison-Albany Corridor, a 14,000 square feet of retail space and 40,000 square feet of office space with an underground garage. Not yet built, but looking to integrate within the vibrant fabric of the South End neighborhood, the mixed-use space will cover the expanse of several city blocks bringing residential, retail and cultural space to the area. A 19-story South End building could house luxury apartments becoming the tallest new construction in the neighborhood, bringing 710 units to the area.
For the first time in history, Boston will host the 2016 Grand Prix of the IndyCar Series. May of last year is when city officials announced the Boston race had been added to the 2016 Verizon IndyCar Series season. The Grand Prix of Boston will be a three-day racing competition held in the streets of South Boston and specifically the Seaport.
The race will feature more than twenty of the world’s most talented drivers, and the event will span September 2nd – September 5th, 2016. INDYCAR and IndyCar Boston will offer multiple options of entertainment and activities before, during, and after the race for all ages.
Many different hotels and restaurants have partnered with Grand Prix of Boston to offer the best experiences for all fans and spectators. The Westin Boston Waterfront hotel is located at the heart of the event. You can enjoy the race from the luxurious suites that offer an amazing view or you can join the crowd right on the course. Either way the Westin is a top-notch spectator location. The Seaport Boston Hotel is located on the waterfront in the Seaport District, and offers beautiful city and harbor views, and convenient access to the main entry point of The Grand Prix, the Boston Convention Center.
It probably won’t be easy to get a table on this weekend but there are some great restaurant spots in the area including: Some of the restaurants in the area include Menton, Ocean Prime, and Strega Waterfront just to name a few.
If you are a part of the community that resides in the Seaport area you already have a front row seat or pretty close to it. Residents of the Twenty Two Liberty luxury condos and the 100 Pier 4 luxury apartments will be able to walk out their front doors to be a part of the action. And if all goes well and this becomes an annual stop on the racing schedule, future residents of 50 Liberty and Pier 4 will be right there with them.