NorthPoint Development sold to Archon

November 21, 2007 | Filed Under Commercial Real Estate, Boston Condos, Boston Luxury Developments, Boston Real Estate | 1 Comment 

The new NorthPoint development project in East Cambridge is being sold to Archon, the real estate branch of Goldman Sachs. According to the Boston Globe, the sales price will be more than $175 million after stiff competition for the site. The NorthPoint project was put on the market after legal disputes between owning partners earlier this year. The 44 acres of former rail yard is permitted for 5 million square feet of lab, residential, retail, office and hotel space. Two residential loft-style buildings, the Sierra and the Tango, are nearing completion. The entire complex will include 20 buildings, a 10 acre park and a new MBTA station to replace the Lechmere stop. As one of the only large-scale permitted projects in the highly competitive Cambridge commercial market, leasing potential for the complex is expected to be outstanding, especially with the proposed expansions of Microsoft Corp. and Google.

If you would like to see properties in this up-and-coming area, please do not hesitate to contact us.

One Kenmore reduces number of residential units for second time

November 16, 2007 | Filed Under Commercial Real Estate, Boston Lifestyle, Boston Condos, Boston Luxury Developments, Boston Real Estate | Leave a Comment 

The developer of One Kenmore, a proposed air rights mega-project near Fenway Park, decided to cut the planned number of residential units for the second time. The $450 million development in Kenmore Square will connect Fenway and Audubon Circle The original plans included 688 residences, which was cut to 353 in August of this year. In the newest plans, a 264 residences will be constructed as part of a 1.29 million-square-foot village over the Massachusetts Turnpike between Beacon Street and Brookline Avenue. In this new version, One Kenmore will include three buildings totaling 7, 13 and 17 stories. The project will include 350,000 square feet of commercial space and 1,360 parking spaces.

Allele’s Penthouse Unit Is Offered At $1.1M

November 10, 2007 | Filed Under Boston Lofts, Boston Condos, Boston Real Estate | Leave a Comment 

This is a great pre-construction deal. This amazing penthouse is going to be 1920 square feet with top of the line luxury finishes that will include Bosch stainless steel appliances, Sile Stone counters, Hardwood floors throughout and double shower. With an amazing views of the Boston skyline from most of the windows and the great price - this is by far the best deal out there.

The Allele development is scheduled to be ready for occupancy at the end of the first quarter of 2008 and will include 45 unique loft style condominiums and 2 commercial spaces; one of which is going to be Jae’s Café and Grill (fusion-friendly Korean and Sushi). The Allele is located at 150 Dorchester Avenue in the Fort Point Channel of South Boston (Broadway T Station).

Here are a few photos from the construction site…

Allele PH1 Blog

Allele PH2 Blog

The Modern - A Great Loft Development in the South End

November 9, 2007 | Filed Under Boston Lofts, Boston Lifestyle, Boston Condos, Boston Real Estate | Leave a Comment 

The Modern, a new loft development in Boston’s South End just completed its first phase. The Modern was designed by renowned designer Dennis Duffy and features high ceilings, large windows, polished concrete floors and an amazing kitchen. The building had garage parking, elevator and common roof deck.
Price range: $449K - $1.595M

Here are some photos…

Living the High Life on West Broadway

November 7, 2007 | Filed Under Boston Lofts, Boston Lifestyle, Boston Condos, Boston Luxury Developments, Boston Real Estate | 1 Comment 

If you are looking to live in one of the most stunning condos in all Boston’s premiere luxury buildings, you have to check out the developer’s penthouse at Court Square Press. The expansive 2589 square foot condo is listed for $2,495,000, which includes two garage parking spaces. Four spacious bedrooms and four equally impressive baths make this home an architects dream. Recently featured in Metropolitan Home, this condo has all the bells and whistles, including a custom $200,000 home theater system. The Court Square Press building and the newly constructed Macallen Building share some of the best luxury amenities the city has to offer, all at less than 50 cents/sq foot in condo fees. Swim in the sparkling swimming pool while your neighbors cook steaks on the landscaped deck. The buildings also offer a gym, concierge service and a screening room. The Court Square Press building is located only one T stop from Boston’s booming financial district.

Photos: Pappas Properties

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