A new residential development is coming to Fenway Center, after funding has been raised and the BRA has approved the plans.
The development will be have two new apartment buildings with a total of 313 residential units.
$230 million has been raised with two large investors and when the project is completely finished there will be five new buildings in Fenway Center.
The development will happen in two phases, the first being the two apartment buildings along Beacon Street, the second is still pending approval, but includes three buildings above the Massachusetts Turnpike.
Construction for the decking that the second phase will sit on is set to begin at the end of the construction of phase one.
When the whole development is complete, Fenway Center will have new office space, retail space, parking space, over 30,000 square feet of green park space and the new residential units.
Construction is expected to stat by the end of 2016.
Tall towers are popping up all over Boston, especially in Fenway, which will soon see one of the top 10 tallest buildings in the whole city.
The next one on the list is a development by Trans National, for a 340-foot residential tower at 2 Charlesgate West, according to the Boston Business Journal.
Just a block away from Fenway Park the proposed plans include demolishing the current building and constructing a 360,000-square-foot tower in its place.
The residential tower at Charlesgate West would include around 325 residential units, a mix of apartments and condos, as well as retail and office space at street level.
Developers are hoping to do more than just add a new property to the area, by aiming to transform that part of the Fenway neighborhood and making substantial improvements to the surrounding streets, Ipswich and Boylston Street.
Through the improvements they hope to also rebrand an existing stretch of Ipswich Street as a major art-driven landscape. The improvements will support artists in the area as well as improving the landscape, lighting, pedestrian accessibility and safety.
The developer is filing a letter of intent this week, stay tuned for more updates on the process.
Looking for something sooner? Check out Pierce Boston, another new development in the area!
Don’t miss your chance to live in this iconic building, contact Advisors Living to learn more and make a space reservation today!
Pierce Boston construction live web cam
Pierce Boston is an iconic luxury 30-story tower coming to Fenway, set to open in a year and a half. Made up of 109 condos and 240 apartments, the building is one of the first new luxury properties coming to the neighborhood in years.
Ground was broken to begin construction seven months ago and the tower will grow to be the tallest in Fenway.
The development is one of the many new luxury buildings coming to Fenway and aiming to revitalize the area. The speed at which the building is being sold is a true testament to how the area has developed over the past ten years.
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.
After much anticipation, the new luxury Fenway Van Ness apartments have now officially opened their doors. Located at 1325 Boylston St., the building has a total of 172 units and also includes amenities of a fitness center, gaming lounge, conference room, rooftop lounge, green terrace, underground parking and a pet washing station. They offer studio, one bedroom and two bedroom floor plans ranging from 428 – 1,192 square feet. Current monthly rents range from $2,900 – $5,300 per month depending on size and location.
Van Ness is in a prime location in the Fenway area. Very close to Fenway Park, walking distance to Boston’s Emerald Necklace and located above new retail space including Boston’s first City Target. The location combined with the luxurious design & amenities and LEED Gold efficiency construction results in one of the city’s most exciting rental buildings to call home.
Whether you rent a luxury apartment or own a condo, Spring is a wonderful time to call Boston HOME. Here are a few of the top events coming up in April…
Experience the Art of Film: International Film Festival and Independent Film Festival April 9-19th for the International Film Festival and Independent Film Festival April 22nd – 29th showcasing international and independent films, enthusiasts will enjoy the wide range and styles from shorts to documentaries.
Fun on The Greenway: Food Trucks and Carousel The Carousel Opens, April 10th with smiles, along with the exciting energy of Food Truck Season, starting April 1st, Bostonians will see both fresh and fun food trucks on the Rose Kennedy Greenway. Check out 2015 Mobile Eats line-up and find your favorites.
Fan Favorite: Red Sox Fenway Park Opening Day, April 13th The Red Sox will play their first of 81 home games this year at Fenway Park against the Washington Nationals. Nothing says Spring quite like Baseball and it will always be a national pastime and a Boston fan favorite. Check out the schedule for the entire season HERE Looking to live in this area? There are some great new options like The Viridian apartments developed by The Abbey Group located at 1282 Boylston Street which will be ready for occupancy in May. Or there are the Van Ness apartments just a little further down the road at 1325 Boylston Street which also open this Spring. Boston Magazine did a great feature on these projects when they were launched and the excitement has continued to build.
Celebrate: The 119th Running of the Boston Marathon Monday, April 20th with a field size of 30,000 this event is certain to be an exciting time to cheer on these amazing athletes. Inspiration and admiration will exude from the sidelines as the world’s premiere runners join forces with numerous others to take the 26.2 mile journey from Hopkinton, MA to the finish line on Boylston Street in front of the Boston public library.
If you are looking to live in or around the city of Boston, let us help you. We can help you find the perfect home in the perfect location so you can enjoy all that Boston Real Estate has to offer. Visit our website