Boston Lofts in High Demand
Have you ever visited Paul Revere's house in the North End of Boston? If you're over 6 feet tall you have to duck to get in there, since people were so short just a few hundred years ago! Most residential buildings in Boston were built in the 1800's (and many in the 1600's - 1700's). You're lucky if you can find a 1 bedroom condo in Beacon Hill over 600 square feet for under $500,000. If you're looking for a lot of space in Boston, the the answer for you is: the loft. Beacon Hill unfortunately doesn't have any loft buildings (at least not now), and neither did the Back Bay --- until recently, when a savy developer caught on to the loft craze and built 360 Newbury Street Lofts, which sold out in less than 12 months.
That same developer also built another new construction loft building, 285 Columbus Lofts -- next to Back Bay Station -- another new development expected to sell out quick. There are some neighborhoods in Boston, that consist almost exclusively of lofts --- such as the Leather District & Seaport District. These neighborhoods are up and coming, and were once filled with large industrial buildings that are now becoming hip lofts. South End lofts are hot as well, such as Art Block, and Wilkes Passage. East Boston lofts are in high demand as well, with the new conversion of the old General Electric factory giving way to the 156 Porter Lofts -- which feature amazing views of Downtown Boston, a roofdeck, parking, and literally walking distance to the Airport (don't worry, the windows were re-enforced state-of-the-art and soundproofed).
Boston's Seaport District Loft Buildings
The Seaport District contains some of Boston's most coveted luxury loft developments, such as Channel Center, FP3 Lofts, Dockside Place, & the 21 Wormwood Street Lofts. Channel Center is one of Boston's most coveted new construction loft developments. It is located in the Seaport District, literally right over the bridge from the Financial District in Downtown Boston. There is a concierge, indoor garage parking, and a state-of-the-art fitness center. Condos for sale in Channel Center typically start around $450,000 for a 1 bedroom loft. Apartment rentals typically start around $2,300/mo. for a 1 bedroom condo. Apartments for rent can go up to $6,800 in the building.
The FP3 Lofts are located in the heart of the Seaport District by the Fort Point Channel. This ultra modern new construction loft development is one of the most coveted in the Downtown Boston area. Condos for sale at FP3 start around $375,000 for a studio loft. Apartment rentals typically start around $2500. Units for rent can go up to $10,000 for a 2-bed apartment.
The Dockside Place Lofts are located on Sleeper Street in the Seaport District. Condos for sale at Dockside Place start around $449,000 for a 1 bedroom loft. Apartment rentals in the buildings typically start around $1900 for a 1 bedroom. The Seaport District is booming, and there are plans underway for new restaurants, shopping, & entertainment nearby. The Financial District is nearby, as well as public transportation. The 21 Wormwood Street lofts are located in the heart of the Seaport District. Many of the units are incredibly large, and the largest being up to over 3000 square feet. Condos for sale in the building start around $339,000 for a studio loft. Apartments for rent in the building start around $1750 for a studio.
Boston's South End Loft Buildings
Boston's South End is one of the hottest real estate markets in the Downtown Boston area. There have been multiple loft developments constructed in the last few years, including the Art Block Lofts, Laconia Lofts, Wilkes Passge, Gateway Terrace, The Harrison, Dover Lofts, & The Modern. Art Block is one of the South End's most ultra modern luxury loft developments. These lofts are located directly across from the Boston Medical Center. These artist lofts feature polished concrete floors, high ceilings, and indoor garage parking is available. 1 bedroom condos for sale start around $449,000.
Rentals in Art Block start around $2000 for a studio loft, and apartments for rent can go as high as $4,000/mo. The Laconia Lofts is one the South End's most luxurious loft developments. Units feature ceilings up to 18 feet high, as well as private terraces, & amazing views. Condos for sale in the Laconia Lofts start around $399,000 for a 1 bedroom, and can go as high as $2.5 million. Apartment rentals typically start around $1900 for a 1 bedroom condo, and apartments for rent can go as high as $15,000/mo. Wilkes Passage offers a 24hr concierge, common deck, security, courtyard, and indoor parking. Condos for sale in Wilkes Passage usually start around $449,000 for a 1 bedroom, and can go as high as $2,000,000. Apartment rentals start around $2400 for a 1 bedroom condo, and apartments for rent can go as high as $10,000/mo. The Modern is located at 255 Northampton Street, near the South End / Back Bay line.
This new construction loft development boasts some of the areas most incredible views. The units have polished concrete floors, state-of-the-art fitnishes, and huge windows that offer plentiful sunlight. There is also an incredible roofdeck. Indoor garage parking is available. Condos for sale start around $379,000 for a 1 bedroom. Apartment rentals typically start around $1800 for a 1 bed loft. 2 bedroom apartments for rent usually start around $2800/mo. The Dover lofts is an ultra modern luxury loft development located in the South End. Units feature polished concrete floors, high ceilings, and large windows that offer plentiful sunlight. The building also has an incredible roofdeck. Condos for sale at the Dover Lofts start around $429,000 for a 1 bedroom loft.
Apartments for rent in the building start around $2000 for a 1 bed. 2 bedroom apartments for rent start around $4000/mo. The Harrison is a luxury loft development located in the South End of Boston. The units feature polished concrete floors, high ceilings, and large windows that offer plentiful sunlight. Condos for sale in the building start around $399,000 for a studio loft. Apartment rentals typically start around $1900 for a studio loft. 1 bedroom apartments for rent usually start around $499,000. Gateway Terrace is one of the South End most ultra modern luxury loft buildings. It is located on Fay Street, in the heart of the South End. The building is located literally a few blocks from Restaurant Row, as well as 100's of world class art galleries, dining, & entertainment.
Condos for sale in Gateway Terrace usually start around $329,000 for a 1 bed loft. Apartment rentals usually start around $1800 for a 1 bedroom loft. The South End continues to be one of the hottest real estate markets in the country, and there are many more new loft development projects planned & underway.
360 Newbury Lofts - A Big Success
The 360 Newbury Street lofts is one of Boston's most coveted loft developments. 360 Newbury is located in the Back Bay, on the corner of Newbury Street & Mass Ave. This 54-unit luxury building boasts a 24-hour concierge, polished concrete floors, huge windows, and extremely high ceilings up to 12 feet high. The space that 360 Newbury lofts offers is hard to match in Downtown Boston. Units in the building range from approximately 800 square feet to an astonishing 3300 square feet. The Hynes Convention center green line stop is located in the building, with easy access to the Longwood Medical area, Financial District, Cambridge, & all of Downtown Boston.
360 Newbury is within short walking distance to Copley Square, South End, Symphony Hall, as well as 100's of world class restaurants, shopping, nightlife, & entertainment. The units also feature polished concrete floors, top of the line stainless steel appliances, marble bathrooms. Storage is also available for purchase. The views in the building are incredible, stretching from the Financial District to Fenway Park & the famed Citgo sign.
1 bedroom condos in the building start around $550,000, 2 bedroom condos start around $995,000, and 3 bedroom condos start around $2,000,000. 1-bedroom units for rent usually start around $3,200, 2-bedroom rentals typically start at $6,000. The 360 Newbury lofts sold out within 12 months of being built, however there are now re-sale units available. Newbury Street is one of the most prestigious streets in Boston, and is often compared to being the "Park Avenue" or "Rodeo Drive" of Boston. Some of Boston's top restaurants, expensive clothing & jewelry stores, and beautiful architecture is located on historic Newbury Street.