A new look at The Archer Residences, going up now in Beacon Hill
How do you open a 14-foot, $200,000 window?
Turns out, very easily.
At least, Manuel Davis, senior vice president with Advisors Living and exclusive listing agent for The Archer Residences in Beacon Hill, made it look easy. The windows are major features of some of the 62-unit luxury condominium property, under construction now in Boston’s Beacon Hill.
Davis toured the Business Journal through the property, located immediately behind the Massachusetts State House, on a recent midwinter afternoon.
Prices at the 62-unit property start at $990,000 for an 864-square-foot one-bedroom unit; $2.5 million for a 1,656-square-foot two-bedroom unit with one on-site, valet parking space; $3.6 million for a 2,484-square-foot three-bedroom unit plus a study, with one on-site, valet parking spaces.
Penthouse units begin at $9 million for 2,940 square feet, a private terrace and on-site valet parking spaces.
Davis sees the 50 garage parking spots underneath with 24-hour valet parking as an invaluable asset in the uber-tight Beacon Hill.
When asked about the demand for a high price point residential product — particularly with a potential downturn looming — Davis said unique historic aspects of The Archer make it a “superior product” that stands out against high-rise glass towers. Indeed, Beacon Hill lost just 3 percent of its total residential value in the last downturn, Davis said.
“There’s a safety in that. There will never be another Beacon Hill. You can never recreate this beautiful neighborhood,” he said. “A lot of the people who are purchasing here are really sound, brilliant financial minds.”
The historic Archer and Donahue buildings were previously home to Suffolk University’s law school, prior to Suffolk selling the property in 2015 for $43.5 million.
Center Court Mass LLC developed the Archer Residences, which were designed by The Architectural Team and LDa Architecture & Interiors and built by Consigli Construction Co.
The Archer Residences will open in the first quarter of 2020.