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Long-Awaited Fenway Center Development to Break Ground Mid-January

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Locked in development purgatory for almost two decades, the 1.1 million-square-foot Fenway Center project is finally slated to begin construction. The announcement came this week from the Massachusetts Department of Transportation, which has closed a $21 million, 99-year lease with developers John Rosenthal and Gerding Edlen. Rosenthal and Gerding Edlen secured a building permit and closed on a $240 million construction financial package so that the first phase of the project may begin as soon as possible.

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Eye in the Sky: Millennium Seeks to Curb Seaport Traffic with Aerial Tramway

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Millennium Partners, the developer behind Boston’s soaring Millennium Tower, is currently in talks with state and local officials in what may be their most innovative project yet. The firm seeks to ease the commute throughout the burgeoning Seaport neighborhood by constructing a gondola system that would transport as many as 15,000 people a day between South Station and the Seaport District. Though it sounds like a whimsical proposal, Millennium has already expressed their willingness to contribute up to $100 million to get the project off the ground.

 

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Now Under Construction: The Archer Residences at Beacon Hill

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The Archer Residences – previously known as Archer | Donahue, will deliver 71 luxury condominiums to Boston’s historic Beacon Hill. Occupying the lot at 33-61 Temple Street, The Archer Residences is situated across from the distinguished Massachusetts State House and has been masterfully designed to reflect the charm and character of the Beacon Hill neighborhood.

This new residential project calls for the construction of luxury condos with resident amenity space and below-grade parking for 54 vehicles. The site includes two connected buildings totaling approximately 171,950 gross square-feet and an adjacent paved area. The first building, known as the Gleason L. & Hiram J. Archer Building (Archer) was once used in the past for Suffolk classroom space. the second building, known as the Frank J. Donahue Building (Donahue) was used for Suffolk classroom and administration space. While the proposal has since dropped the “Donahue” designation, both buildings will still be graciously renovated for luxury urban living.

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The Archer Residences will embody the architecture befitting the historic Beacon Hill neighborhood. A detailed facade and new projections will be added to the building to assist in complimenting its design and character. Developers JDMD Owner LLC have expressed their keenness to pay attention to the general design, arrangement, texture, material, and color of the architectural features involved and the residence’s relationship to its surrounding buildings. The Archer Residences will truly embody the modern character of the famed Beacon Hill neighborhood.

While few renderings have yet been publicly released for the residences, more will be made available – in addition to detailed floor plans – on Bushari’s Boston Real Estate Crane Watch as construction progresses. Condominium sales are anticipated to begin by late 2017/early 2018.

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Crane Watch: New Interior Photos Released for South End’s 345 Harrison

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A two-acre site in Boston’s South End neighborhood will soon be home to two sprawling new residential buildings. 345 Harrison Avenue has become one of the neighborhood’s hottest new residential developments, delivering 585 world-class apartments to the bustling neighborhood. The two 14-story buildings, totaling 535,900 square-feet will include 40,000 square-feet of ground-floor retail and an underground parking garage with 275 vehicle spaces and 325 bicycle spaces.

The new buildings will further the urban renewal process that seeks to revitalize this area of Boston, while connecting the vibrant Downtown and South End neighborhoods. The project will improve pedestrian connectivity and circulation in the neighborhood and will serve as a vital physical and economic link between Downtown and South End. The site will include a landscaped pedestrian path that leads from the project to the MBTA Silver Line on Washington Street. Its location is conveniently situated across from a Whole Foods Grocery Store and countless other South End restaurants and shopping centers. Its developers, UDR, have built over 5,000 new units in six states since 2006 for total development costs of $1.3 billion. 345 Harrison has since become one of UDR’s most significant undertakings in terms of size and capabilities.

This week, UDR has released several new renderings, exhibiting the interiors of 345 Harrison‘s apartments and luxury amenities.

Amenities at 345 Harrison include a 14th floor sky lounge with outstanding Back Bay views, an outdoor rooftop swimming pool and expansive, 4,000 square-foot fully-equipped fitness center/yoga room.

Apartments are as dynamic and innovative as its South End address, crafted with crisp custom finishes, with every detail carefully considered to create a beautiful backdrop for your life in Boston.

345 Harrison Ave is expected reach completion by early 2018. Stay updated with new renderings, floor plans and pre-sales via Bushari’s Crane Watch.

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A Look Into the Upcoming Boutique Residences of 276 Newbury Street

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This week, Bushari agents got an inside look into one of Back Bay‘s most highly-anticipated residential developments. The residences at 276 Newbury Street, developed by Boston’s Centremark LLC and designed by Cambridge architects Margolis + Fishman, will bridge two classic brownstones at 276 and 278 Newbury Street into a seamless blend of historic architecture and modern opulence.

Each of 276 Newbury‘s floor plans will emphasize exemplary entertaining and modern living with spacious, open floor plans that are complemented by herringbone pattern oak flooring. The units, which harbor three+ bedroom, 2.5+ bathroom configurations, also feature study rooms, laundry rooms, private decks, and coveted on-site parking. Its location along Back Bay‘s bustling Newbury street allows for convenient access to the boutique shops, restaurants and parks that make the neighborhood famous.

While the building will retain its historic brownstone design elements, the existing brick masonry of the façade will be cleaned and repointed as necessary. Its front yard will be excavated to a lower level in order to create retail entrances and expose previously-modified lower level entrances. A private elevator will be added, allowing for secure private access to each of the residences. The building’s interior design is curated by Ally coulter Designs, with furnishings by Fendi Casa and Luxury Living Group of New York.

276 Newbury Residence One will occupy the entire third floor of the building, spanning approximately 2,000 square-feet plus a private 500 square-foot deck. Its sprawling layout, with 3 bedrooms and 2.5 bathrooms, is ideal for entertaining; pre-wired for audio and visual entertainment. Its gleaming chef’s kitchen features custom cabinetry and polished Quartzite and Miele appliances.

Residences Two and Three will occupy the building’s fourth and fifth floors, respectively. These units deliver the ultimate Back Bay living experience, draped in heritage and a timeless appeal. The penthouse level is accessible via direct elevator access from residences Two and Three and offers an additional living area, a bath with shower, and private outdoor deck overlooking Newbury street and the Back Bay skyline. Finishes include interior and exterior gas fireplaces and a sizable wet bar. Both residences two and three harbor 3+ bedroom, 3.5+ bathroom configurations. Additionally, these three units may be combined for the ultimate Back Bay living experience.

We’d like to thank Lisa Rainis of Otis & Ahearn for the invitation to 276 Newbury’s exclusive broker’s open.

Completion of 276 Newbury is expected by December 2018. Units are now available for pre-sale. Find available units and floor plans here.

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Michael Dell Buys One Dalton Penthouse in Boston’s Most Expensive Condo Sale

 

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Michael Dell, founder and CEO of Dell Technologies, is currently in contract for one of the three penthouse residences in Back Bay’s One Dalton residential tower.

One Dalton, which is expected to wrap up construction by the final quarter of 2018, has already sold several of its luxury condos. At a height of 742 feet, One Dalton will be the third largest tower to pierce the Boston skyline; with only the Prudential and John Hancock Towers soaring above at heights of 750 feet and 790 feet, respectively.

While it is not yet known how much Dell is expected to pay for the penthouse, there is currently another for sale at $40 million. The three penthouses will occupy the 60th and 61st floors of the building. In June of 2016, investment fund manager John Grayken shattered records with the most expensive condominium sale in Boston history at $35 million in Millennium Tower. The penthouse won’t be Dell’s first big purchase in the city. He bought his 4,110 square-foot Millennium Tower penthouse for $10.9 million in the last quarter of 2016, following a $60 billion deal by Dell Technologies acquiring Hopkinton’s EMC Corp.

Dell’s penthouse will be approximately 7,300 square-feet in size across two stories, in addition to a 570 square-foot outdoor terrace. One Dalton residents will also have access to a private residents’ club on the 50th floor, a state-of-the-art spa, restaurant, golf simulator and indoor lap pool. As of November 2017, the building has reached nearly half of its full height and is expected to top off in early 2018. Keep up to date on One Dalton’s construction via Bushari’s Crane Watch.

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Bushari Welcomes Derek Vannah

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We are excited to announce Derek Vannah as the latest addition to the Bushari Real Estate team. Derek is an innovative real estate professional whose positive outlook and calm under pressure have been an asset for his clients at the negotiation table.

A native New Englander, Derek grew up in a small coastal fishing town in Maine and graduated from St. Joseph’s College of Maine with a degree in Finance. Since moving to Boston five years ago, he has been an active agent in the real estate market, helping his clients find the homes that best suit their needs. Always a straight shooter, Derek prides himself on remaining rational in all situations, making each transaction smooth and seamless.

Derek currently resides in South Boston; when he’s not assisting his clients, he enjoys golfing and spending time outdoors with his Golden Doodle, Sam.

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Bushari Welcomes Jacqueline Bennett

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We are happy to announce Jacqueline Bennett as the newest member of the Bushari Real Estate team. Jacqueline is a driven, creative and enthusiastic real estate professional who goes above and beyond to provide the highest quality service for her clients. By truly understanding the needs of her clients and creating strong relationships, Jacqueline strives to find each client the home of their dreams.

Jacqueline is a Boston native; originally from Newton, MA, she grew up in a family of real estate professionals and graduated from the Boston University School of Hospitality Administration. Upon graduation, Jacqueline explored the non-profit industry before realizing her true passion: real estate. She is professional and organized, with a strong work ethic that benefits those she works with.

Jacqueline currently resides in Back Bay with her chihuahua, Dudley. In her spare time, you can find her walking her dog, exploring the city and spending time with family and friends.

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Now Approved: 65 Condominium Development in South Boston

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This week, the Boston Planning & Development Agency approved the development of a new mixed-use building along South Boston’s notable West Broadway street. The project, with a total overall project floor area of approximately 98,000 square-feet, will deliver 65 condominium residences and 9,000 square-feet of ground-floor retail in this bustling Southie district. Conveniently situated along the intersection of West Broadway and A Streets, the development bridges the South End, Seaport and Downtown Boston neighborhoods.

87-93 West Broadway‘s 65 condominium units will be comprised of 10 one-bedroom and 55 two-bedroom residences. 88 below-level garage spaces and on-site bicycle storage will be accessible from a new driveway off Silver Street. In addition to the residential units, the building will include an expansive lobby area and an open-air seating area at grade on the corner of A Street and West Broadway. Penthouse units will feature private roof decks, while all residents will have access to a common roof deck.

87WBroadway2The neighborhood harbors a number of residential developments, ranging from single-family homes to multi-unit condominium and apartment complexes. Several MBTA bus stops run nearby the site, and the Broadway Red Line MBTA station is just one block away – providing a connection to South Station and more Boston excitement. The project compliments its surrounding buildings, including several of four to six stories in height, as well as the nearby Macallen Building with a height of ten stories along Dorchester Avenue.

The commercial first floor will feature a glazed curtain wall with spandrel glass, terminated by a projecting horizontal sign band. The main body will be clad in a smooth surface indicative of stone, punctuated by vertical open and closed balconies. The top floor will be set back slightly, clad in a textured metal tile. The resulting combination of vertical recessed elements will create a visually attractive structure, complimenting surrounding buildings.

87-93 West Broadway is expected to enter its construction phase in mid-2018, with expected completion by the end of 2019. Stay tuned to Bushari’s Crane Watch for further renderings, floor plans and pre-sales.