Real Estate News

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

The Seaport District is Buzzing with New Construction

It is clear from all of the new construction that something exciting is happening in the Seaport District. Luxury condo buildings, luxury apartment buildings, new restaurants and large corporations (including GE’s new headquarters) are now making their home in the Seaport District. With an abundance of businesses, including hotels, retail and outdoor recreational spaces located in this area, the Seaport is quickly becoming one of Boston’s most popular new neighborhoods.

To meet this rapid increase in demand for new homes, developers are pushing the definition of “luxury” in Boston to unprecedented heights. Below are a few of the most exciting new luxury residences that were delivered in 2015 or will be delivered from 2016 until 2018.

22 Liberty22 Liberty was sold out before delivering residences in November 2015. By January 2016 it was completely closed out. 22 Liberty has 106 market rate condos on the Fan Pier and was designed by CBT Architects. With views overlooking the harbor, penthouses fetching over $8.3 million dollars and world-class amenities, it is no wonder 22 Liberty was sold out without area broker participation. 22 Liberty was the pioneer in “luxury condos” in the Seaport District and set the “New Market” with resales and same-day flips all fetching more than $2,000-per-square-foot.

Pier 4Pier 4 is being developed by Tishman Speyer, one of New York’s most prominent real estate building and operating companies. Pier 4 is a luxury condo building with over 100 units set to deliver in 2017/2018. To be located where the iconic Anthony’s Pier 4 Restaurant once stood, Pier 4 is surrounded by water on three sides, which will allow for both city and harbor views. Residences will have access to various concierge services, a clubroom with an outdoor grilling area, as well as a fitness and yoga space. In addition, Pier 4 will host dining and convenient retail options and beautiful, open public spaces on the ground level.

50 LibertyFollowing in the footsteps of 22 Liberty, 50 Liberty is an upcoming development that will reside on Fan Pier next to 22 Liberty. 50 Liberty is designed by Elkus Manfredi Architects and is expected to have 118 units and is anticipated to be delivered for 2017. Soaring balconies and harbor views accent this development.

50 Liberty, Pier 4, and 22 Liberty are sure to make an additional impact on the waterfront area in the Seaport District, continuing to add to the buzzing new construction happening each day in the area.

For more information on luxury new developments across Boston or to view properties in the Seaport District email us at contact@advisorsliving.com.

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