With cranes lining the skyline, Boston’s Seaport District is slowly transforming into the city’s epicenter of work, live, and play. Two of the newest, most luxurious residential buildings--slated for completion in 2018--are Pier 4 and 50 Liberty. We give our take on the two properties so that you can see which one fits your lifestyle better.

Pier 4

Pier 4 in the Seaport District is a nine-story residential building featuring 106 luxury condo residences and 17,000 sq. ft. of ground-level retail space. There's also a beautiful one-acre park in which to relax and enjoy nature. Residential units in the building range from one- to four-bedroom ocean homes, each with private terrace and water views. Each penthouse home has a private roof deck for entertaining or just relaxing after a long day at work. It is slated to be completed in the fall of 2018.

Amenities

• White glove personal concierge services offering 24-hour service, including catering and private chef services, in-home botanical care, and messenger service
• State-of-the-art fitness center
• Yoga studio
• Golf simulation room
• Private residents club lounge with large outdoor terrace overlooking the water
• Seating and dining area with fire pit
• Pet spa
• Garage and valet parking

Finishes

• Walnut hardwood flooring in the bedrooms and living spaces
• Floor-to-ceiling windows
• Master bathroom fitted with Tuscany white marble and porcelain tile
• Two kitchen styles available: one with wood accents and one with white
• Neutral color palettes
• Top-end appliances, including a wine refrigerator
• Penthouse units will have upgraded kitchens, higher ceilings, and direct access to private rooftop terraces

View

• Adjacent to the Institute of Contemporary Art on the Boston Harbor, Pier 4 will be surrounded by water on three sides for incredible views of Boston Harbor and Downtown Boston.

Pricing

• Two-bedroom homes will start at $2 million-plus, but prices are discussed only in one-on-one appointments.

50 Liberty

50 Liberty at Fan Pier will comprise a 14-story building with 120 luxury condo residences and 50,000 sq. ft. of civic and retail space. Residential units in the building range from one- to two-plus bedroom luxury homes, each with private terrace and water views. Construction completion is slated for fall 2018, just like Pier 4. Check out the many luxury features:

Amenities

• Concierge services
• Garage parking
• Sports club
• Luxurious communal outdoor spaces
• Two ground-level restaurants to be announced.  The building also has direct access Babbo Pizzeria e Enoteca, a new restaurant concept from famed chef Mario Batali, Committee, a Mediterranean restaurant from George Aboujaoude, Lola 42 from the owners of Lola 41 in Nantucket and Mastros Steakhouse, both in the ground floor of 22 Liberty.

Finishes

• Large bathrooms with marble finishes
• Custom kitchens with Sub Zero appliances
• Hardwood floors throughout bedrooms and living rooms

View

• Located on Boston Harbor adjacent to the Joseph Moakley Federal Courthouse, 50 Liberty offers spectacular views of the city’s skyline as well as Boston Harbor.

Pricing

• A 1,537-square-foot two-bedroom, 2.5 bath with two garaged parking spaces is fetching approximately $1,410 sq. ft. ($2,168,565).
• A 2,036-square-foot 2-bedroom, 2.5 bath with two garaged parking spaces, is asking $2,000 sq. ft ($4,072,000).
• A 1,297-square-foot 1-bedroom, 2 bath is asking $1,425 sq. ft. ($1,848,995).

And the Winner is….

Pier 4 and 50 Liberty! Why? Because you can’t go wrong with either building. Both offer incredible water views, high-end finishes, and over-the-top luxurious amenities.  Both buildings are setting the standard for luxury waterfront living in Boston’s gorgeous Seaport.   

Contact Elevated Realty to learn more about either of these properties. We would be happy to help you make a decision between the two properties based on your needs and budget. Call us today at 617-701-6300.

The transformation of Southie was inevitable. Now, with upscale bars, trendy coffee houses, boutiques and luxury condos, South Boston is coming into its own as the up-and-coming place to live, play, and work. With a median single-family home price of $680,000 and condo price of $632,000, according to The Boston Globe, it's no secret that this is the perfect market for Boston area developers. The latest addition is The Austin at 205 E Street, situated in the heart of Boston's hottest neighborhood.

Perks of The Austin

South Boston has been enjoying tremendous growth, especially with the addition of The Austin at 205 E Street, which is currently under construction and slated for completion this September. The Austin will be comprised of two three-story buildings, housing 34 luxury condos and 63 garage parking spaces. Choose from one-, two- and three-bedroom floor plans, each of which comes with two garage parking spaces.

Prices per unit start at $699,000, with an estimated mortgage payment of $2,650 a month. Nestled on South Boston's West Side, The Austin is within walking distance to West Broadway's best eats, drinks, and shops. Plus, you're never far from all the major hubs of public transportation and the highway. Presented by Bromfield Development’s, The Austin was designed by Sousa Design Architects, with craftsmanship that precedes its time.

Features

Each unit will include high-end finishes--from Thermador appliances to quartz countertops and backsplashes to custom cabinetry. Here are some more features you can look forward to: 

• Hydro air HVAC and hot water systems
• Bluetooth audio
• Hans Grohe fixtures
• Two elevators
• Raised courtyard with two built-in gas grills
• Two garage parking spaces per unit included

You'll be hard pressed to find such a treasure elsewhere in South Boston or even Boston for that matter. This mid-rise building has units starting at $699,000 and going all the way up to $1,100,000, depending on the number of bedrooms and add-ons.

The Neighborhood

E Street is just another booming neighborhood in Southie, which is located close to West Broadway, home to even more luxury condos that are popping up. From Fort Independence Park to Savin Hill Park, you'll find plenty of green spaces in this area, uncommon for such an urbanized neighborhood.

Want to get into The Austin before construction is completed? Contact Elevated Realty at info@ElevatedBoston.com or call 617-701-6300 for more information. Or come down and see us at 174 Dorchester Street in Boston.

Slated for completion this summer, The Benjamin is desired for its no-fee luxury apartments for lease starting at $2,800 a month. Located in the highly sought after Seaport District, the Benjamin is yet another luxury apartment building that's turning heads in this area of the city. Constructed as part of the Seaport Square development at 25 Northern Avenue, this property will feature:

• 354 ultra-luxury residences
• Pool terrace on fourth floor overlooking Fort Point Channel
• Business centers
• Relaxation lounges
• Espresso bar
• Equinox gym
• Scorpion Bar and Cantina
• The Grand, a nightclub offered by Big Night Entertainment Group
• Private elevator access
• 24/7 concierge

Although construction will wrap up near the end of June, leasing, and move-ins have already begun. This 22-story building will be a mixed-use building with rental prices between $2,800 and $10,000. Choose from:

• Studio
• 1 Bedroom
• 2 Bedroom
• 3 Bedroom
• Penthouse

The Neighborhood

Dubbed a hotbed of living space and entertainment, the Seaport District is quickly taking over as Boston's most desired neighborhood for the luxury apartment market. Once a no-man's-land of abandoned warehouses and parking lots in the mid-1900s, this beautiful waterfront area has been completely transformed into a prime spot for real estate growth, says Boston Magazine. It seems there are always construction trucks and cranes erecting yet another office building or luxury apartment/condo building to complement some of the area's best restaurants, trendy bars and boutiques.

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Today's professionals want convenience as well as luxury. They don't want large homes out in the suburbs; rather, they want to live where they work, eat, and play. For many, The Benjamin puts them in touch with the lifestyle they want to lead. Nestled next to Boston’s beautiful waterfront, it's close to their offices in the Financial District as well as all major hubs of transportation. With at least nine other residential buildings planned, under construction or recently completed, there's no doubt the Seaport District is one of Boston's hottest neighborhoods. From young college students and families just starting out to established professionals who know exactly what they want, The Benjamin represents a no-brainer: luxury living close to work and play.

With killer views, easy access to the major highways and T stations, close proximity to seaport businesses, and a quick ride into the heart of Boston, the Seaport District is shaping up to be the most highly sought after place to live in the city.

The Benjamin is now leasing for the summer, with a no-fee offering for a limited time. Act now and contact Elevated Realty today at info@ElevatedBoston.com or call 617-701-6300 to schedule an appointment to view the units.

Welcome to one of South Boston's newest buildings: Washington Village! Yet another string in a long line of new properties to grace this up-and-coming neighborhood, Washington Village is nestled in Andrew Square, stretching from Old Colony Avenue to Dorchester Avenue. As an eight-building development, Washington Village will comprise 656 apartments and condos, with construction slated for summer of 2017. Located close to public transportation, this area makes it easy to commute to and from the city, while having quick access to the neighborhood's restaurants, bars, shops, schools, and businesses.

Geared toward first-time home buyers, renters and long-time area residents, Washington Village aims to bring together a diverse mix of singles, couples, and families. Built on the site of a now-defunct industrial cluster, this community-based development will breathe new life into a neighborhood that has been forgotten in recent years. Situated in the Andrew Square neighborhood, this development will replace five industrial buildings that are currently empty. One business -- Drive In Paint-Mart on Dorchester Street -- is still active, but will be relocated to accommodate the new development.

Washington Village Condo Features

Here are some more features of this six-block, mixed-use development addressing middle-income housing needs:

• 560 parking spaces
• Nearly 100,000 square feet of retail space
• Community open space totaling 45,000 square feet
• 5,000 square foot park with more than 170 trees
• Widened sidewalks
• Middle-class apartments and condominiums
• Grocery store and local retailers such as cafes and a pharmacy
• Located a quarter mile from the Andrew Square MBTA Station
• Car and bike sharing systems on-site

There are three phases of construction as part of the development plan, with ground breaking occurring this summer. Total construction time will take five years from inception. Developers hope to bring back the economic vitality of Andrew Square, something that has been lost over the years. South Boston is becoming the place to live for young up-and-comers, budding professionals, and young families. Washington Village hopes to keep that trend going with the addition of these new units.

Creating an additional 1,200 jobs, the Washington Village project will transform the area into a walkable neighborhood, making it easy for residents to stroll along the streets to access quality dining and entertainment.

History

Long before it was Washington Village, this area was discovered by Native Americans who called it Mattapannuck. Originally used as an orchard and pasture in Colonial times, a village was eventually created and named Little Neck. In 1850, it was renamed Washington Village in honor of George Washington, the Commander-in-Chief of the Continental Army. As the town became more and more industrialized in subsequent years, it was renamed yet again in honor of John Andrew, the governor of Massachusetts during the Civil War. Today, the effort to bring back the original name it had for so long is currently underway. The goal is to enhance and transform this South Boston neighborhood into a thriving community of green spaces, new trees, community gatherings, homes and new places to shop.

Contact Elevated Boston

Call Elevated Boston at 617-701-6300 or email us at info@elevatedboston.com to learn more about Washington Village. Get in now before the units go fast!

Once considered just a place to catch a great game, park your car, or hit a local watering hole, North Station is fast becoming one of Boston’s hottest development markets. This so-called "blueprint for neighborhood-building" has been an abrupt one indeed, working in tandem to benefit residents, businesses, and developers alike, says The Boston Globe. There are four buildings in the works, with the intention of revitalizing the North Station neighborhood: Lovejoy Wharf, The Hub on Causeway, Avalon North Station, and One Canal Street.

North Station is considered part of the North End, but Beacon Hill is just as close. It comprises the area around Causeway Street: the site of the TD Garden, where you can catch anything from a Celtics and Bruins game to one of many rock concerts and other performances. It's also home to a variety of nightspots and restaurants. The four new buildings are part of a revitalization plan that is slowly coming to life. 

Lovejoy Wharf

Lovejoy Wharf features 157 luxury condos with choice of one-, two- and three-bedroom floor plans as well as studios and a penthouse. It is nestled on Boston's North End Waterfront right next to Converse's new headquarters. It's within walking distance of North Station, TD Garden, Boston's historic North End and many restaurants, bars and stores of Downtown Boston. Here are some more amenities of Lovejoy Wharf Boston:

• 157 condos
• 15 stories
• 250,000 square feet
• Gym
• Harborwalk
• Ground floor retail space and restaurant
• 24/7 concierge
• 3/4 acre open space along waterfront
• Walking distance of North End, Government Center, Beacon Hill and surrounding areas
• Convenient access to North Station and highways

Sales of Lovejoy Wharf North End have begun, with units starting at $750,000, so find out more about condo living in one of Boston's most desirable neighborhoods. Occupancy of Lovejoy Wharf condominiums is expected in Summer 2017.

The Hub on Causeway

This will be a 1.87 million square foot mixed-use development featuring three towers with retail, office, hotel and residential uses. Phase 1 of construction is currently underway, and is expected to wrap up in late 2018. Located at 100 Causeway Street in Bullfinch Triangle, The Hub will feature 10,000 square feet of outdoor space, including a new entrance to TD Garden and North Station, 540 underground parking spaces, 75,000 sq ft of office space, a cinema, and Star Market grocery store.

Avalon North Station

Avalon North Station is a 503-unit building with 38 stories, which is currently renting studios to three-bedroom units. Prices range from $2,475 to $5,235 per month. With plenty of green space, garage parking, parking concierge, and a fitness center, Avalon North Station is the perfect place to live right in the middle of all the action. Adjacent to TD Garden and North Station, this is indeed one of the city's tallest towers and the largest single residential building. Boasting many convenient amenities and breathtaking views of the downtown skyline and Boston Harbor, you can't go wrong living here.

One Canal Street

One Canal Street is a rental-only building that opened in summer 2016. Penthouses currently available range in price from $4,419 to $31,406. Featuring 320 luxury rental units, you get access to an urban grocery store on the first floor, plus two stories of parking for tenants on the second and third levels. Located between the West End and North End neighborhoods, you're in close proximity to TD Garden, Haymarket and North Station train stops, along with Downtown Crossing, the Financial District, the North End and waterfront area. You could even walk to Charlestown, and the Zakim Bridge is close by as well. One Canal has a roof deck, with fire pits and pool for balmy summer evenings.

Contact Elevated Boston

We are your trusted Buyer Broker for all of these new Boston construction condos. To learn more about each one, call us at 617-701-6300. We have many other luxury condo properties to see as well, so don't hesitate to get in touch with us now. Units are going fast, so secure yours today!

If you're familiar at all with East Boston or South Boston, then you know that the parking situation is unbearable. It's nearly impossible to park anywhere convenient to where you need to be--whether that's your home, your work, or just going out on the town. If you're tired of commuting into those neighborhoods only to be faced with astronomical parking garage fees and non-existent on-street parking, we're here to tell you that there's a better way. Why not buy a condo in a new construction building? You get your own parking space guaranteed, and many of these new high-rises are within walking distance to the major hubs or at least have access to T stations, highways, and other transportation outlets.

South Boston

All new construction buildings in South Boston now require parking. Under new zoning rules, one parking spot is required for each one-bedroom unit. For 2+ bedroom units, 1.5 parking spots are required. Additionally, developers are now required to build two-thirds more off-street parking than before, according to the Boston Globe. Here are just a few of the projects providing extra parking spaces throughout the city:

South Boston Transportation Center, currently under construction in the Seaport, will provide 1,500 new parking spots to help accommodate/alleviate the lack of parking in South Boston and Seaport.

Buildings such as 14 West Broadway offer 24-hour valet services (in addition to underground parking spaces) to accommodate lack of parking. This luxury condo building is 11 stories tall with 47 units.

Port 45 on 45 West Third Street offers one parking spot per unit. It features five stories and 105 units, with 109 garage parking spaces for residents.

150 West Broadway offers one parking spot per unit, and two parking spots for each penthouse unit. This five-story condo building will feature 30 luxury condos and 33 on-site parking spaces.

East Boston

Similarly, developers in East Boston are also accommodating parking spots in new construction buildings.

Slip65 at Clippership Wharf, slated for completion in late 2018, as well as 151 Liverpool Street, both offer one parking spot per unit. The six-story Slip 65 at Clippership Wharf, spanning 12 acres, will feature 300 garage parking spots for residents and 20 available for public use. 151 Liverpool, also six stories, will have 36 condos and corresponding parking spots.

Parking: A Growing Concern

The squeeze for parking has only been getting worse as more people clog the city streets of East Boston and South Boston. The problem is compounded in winter when the snowbanks take away more of the precious parking spots that people rely on to park at home or work. Just how many parking spaces are left in these neighborhood is anyone's guess. That's because Boston has stopped keeping track. The Massachusetts Port Authority estimated back in 2012 that there were 6,000 spaces in surface parking lots in South Boston, particularly in the Seaport District. It projected that in 2015, there would be only 750, according to the Boston Globe. Currently, no one is really sure how many there are now.

Contact Elevated Realty

How would you like to never have to worry about parking again? Call us to learn about any of the above new construction buildings in East Boston and South Boston. We're located at 174 Dorchester Street in Boston, MA 02127. Get in touch at 617-701-6300 or email us at info@elevatedboston.com. We would be happy to show any property to you. Just give us a call and book an appointment.

In what has always been a gateway community, an adjunct to its big sister Boston and to a lesser degree the Seaport District, East Boston has quickly been shifting from forgotten sibling to the city's next big thing. Rental prices are reflecting the growing sophistication of East Boston, with average monthly rents climbing more than 40 percent in four years to hit a high of $2,255 last year, says The Boston Globe. This rise has brought the neighborhood in line with rental prices throughout the rest of Boston.

Over the last several years, plans have been in place to add more than 1,000 new units, initially to drive down those high rent prices so it could attract the budgets of college students and budding professionals. Turns out, these modern waterfront developments are enhancing East Boston's allure as an up-and-coming community that rivals the popularity of the Seaport District next door, which is already well established as the hottest neighborhood in town. The amenities that make the Seaport District so appealing (prime waterfront location, across from downtown, right off the highway, a short T ride to the airport) are all the things that are making the same impression on the East Boston waterfront, points out Boston Magazine.

Enter: Slip65 at Clippership Wharf

One of those up and coming waterfront properties in East Boston is called Slip65 at Clippership Wharf. It's slated to be built between 2018 and 2019 and will be completed in two phases. Now, you can get in on the lively and beautiful energy that is Boston Harbor thanks to easy access to the serene Harborwalk area. Slip65 is the trendy place to live, with waterfront views, the latest designs, and every amenity you could want to complement your active lifestyle. It's just a five-minute water taxi ride from the Seaport or Downtown Boston. Not a bad way to travel! No traffic, no congestion, no stress. Other convenient, quick ways to get from here to there:

• One-minute walk to the Blue Line T Stop. Get to State Street downtown in three minutes.
• One stop to Logan Airport
• Half mile to Downtown East Boston. Soon you'll be in the middle of the city's exploding arts and cultural scene from the Downeast Cider House to the landmark Santarpio’s Pizza. There are a number of trendy bars and the latest restaurants to choose from. It all depends on what you're in the mood for.

Some say you can get the absolute best view of Boston from here. There are many reasons why you should get in on the ground floor for East Boston waterside living. Not only are the prices lower throughout the city, it's just a quick T ride to downtown, containing eclectic restaurants for the foodie in you and boasting a killer view of the Boston skyline, says The Boston Globe. It's no surprise, then, that East Boston is capturing the attention of young professionals, savvy families, and college kids. More and more people are making the migration across the Harbor to the next Seaport District in the making.

Want to be a part of it? You can.

Contact Elevated Realty

Getting in on this amazing opportunity to become a part of this up-and-coming waterfront area is easy. Just get in touch with Elevated Realty at  617-701-6300 or email us at info@elevatedboston.com. Our headquarters is located at 174 Dorchester Street in Boston, MA. We would be happy to discuss the plans for Slip65 with you and book an appointment. Start looking forward to living in luxury marked by jaw-dropping views and convenient access to everything you need!

The North End in Boston is a destination young and old can enjoy -- a little piece of Italy transported right into the heart of the city. From its small pastry and coffee shops to its world-class restaurants and bustling boutiques, the North End has become synonymous with tradition, history, and, well, food to die for. Imagine living here and having access to the joys of the North End all the time? Now you can. Lovejoy Wharf is the North End's newest building, and it's making quite a buzz around town.

Nestled right on the waterfront, the Lovejoy Wharf luxury condos capture Boston living perfectly. The views are breathtaking and the location is everything. You're within walking distance of the North End, Converse's new headquarters, North Station, TD Garden, and all the restaurants, bars and stores of Downtown Boston. Take a stroll on the Harborwalk along the waterfront when the weather is nice, gaze out at the water, have a picnic or just quietly read a book on one of the many benches. You can actually see TD Garden from the condos and walk there without having to pay the high parking fees. TD Garden is Boston’s premier sports and entertainment venue. It opened in 1995, welcoming more than 30 million people to see its events since then. It's the home of the Boston Bruins and Boston Celtics, and plays host to a variety of concerts, sporting events, ice shows and more.

Just as close is the North End, which just so happens to be the city's oldest residential community. Settled in the 1630s, the North End isn't big (in fact, it's only about .36 square miles) but it boasts more than 100 establishments and tourist attractions. A large part of its population is Italian American, evidenced by the many fine Italian restaurants and cafes located here. This charming Boston Landmark is also the spot for many festivals, parades, feasts, and historic sites that take place here throughout the year.

Lovejoy Wharf, expected to be completed early this year, will comprise 162 luxury condos with choice of one-, two- and three-bedroom floor plans as well as a penthouse. Check out some more features and amenities of Lovejoy Wharf Boston:

• 162 condos
• 17 stories
• Gym
• State of the art luxury finishes
• 34 bottle wine coolers by Gaggenau and Kaldewei
• Deep soaking tubs
• Boston Harborwalk
• Retail store and restaurant
• 24/7 concierge
• 3/4 acre open space along waterfront
• Walking distance of North End, Government Center, Beacon Hill and surrounding areas
• Convenient access to North Station and highways

Sales of Lovejoy Wharf North End are starting this spring, so get in early on condo living in one of Boston's most desirable neighborhoods. You can't get better views than waterfront! Contact Elevated Realty, the premier Buyer agency for new construction and pre-construction luxury condos, at 617-701-6300 or info@elevatedboston.com. There are also many other pre-construction opportunities available in and around Boston.  Reach out today for more information!

Like all big cities, Boston has its eclectic neighborhoods and pockets of people that really speak to the diversity and culture of the community. South Boston is no different. This urban neighborhood has a strong sense of history and tradition. What was once the base for George Washington's army to get the British out of Boston in 1776 turned into a working-class neighborhood at the height of the industrial revolution. Today, it seems to have found its place amidst the hustle and bustle of the city proper as a highly sought-after residential neighborhood, acting as a gathering space for working artists. It's home to about 35,000, offering many singles, couples and families an urban retreat.

A Bit of Background

West Broadway in particular is the place to be for young up and comers, established professionals, students and families. Its close proximity to T stations, beautiful views of the famed Boston Harbor and eclectic offerings of art galleries, museums, boutique shops and eateries make West Broadway a destination for many. Southie happens to be one of the oldest neighborhoods in the country, home to Dorchester Heights. It's got a booming real estate market that keeps expanding with the addition of more and more condos such as 150 and 170 West Broadway. And as the cornerstone of the annual St. Patrick's Day Parade, an Irish-American celebration of culture that can't be missed, West Broadway and its surrounding neighborhoods bring a history, charm and culture to the area that makes up the fabric of the city.

What Makes West Broadway Great

From Fort Independence Park to Savin Hill Park, the green spaces are what make up much of the beauty of the West Broadway area. There are 13 schools in South Boston, representing a fairly even mix of public and private. Their parents and the rest of the workforce seem to be keeping pretty busy. In fact, the unemployment rate in South Boston is 16 percent lower than the national average, with the per capita income being 59 percent higher than the national average. West Broadway is also host to Broadway Station, a vital transportation hub which consists of the Red Line subway and three MBTA buses with multiple downtown destinations.

Those are all great statistics but what about the things people REALLY care about? Food! Living on West Broadway is a culinary treat in itself, peppered with award-winning eateries, cafes, wine rooms, pizza joints and more. Enjoy a wine tasting at Social Wines at 52 W. Broadway, grab a croissant and a Guglielmo Coffee at Broadway's Pastry and Coffee, eat a slice of cheese at Pizzeria 260, have a business lunch at Stephi’s in Southie, or fill up on some tacos, oysters, and tequila at Loco Taqueria and Oyster Bar.

If you feel the need to work off all that food or you're looking to incorporate a healthy fitness regimen into your daily routine, you won't be at a loss. There's Simply Barre at 118 W Broadway where you can build up your core strength and stamina thanks to a combination of ballet-inspired exercises for a total body workout. Or, get centered at South Boston Yoga, located at 36 W Broadway.

Photo of 150 & 170 West Broadway taken on 2/7/17.

Want to get in on this beautiful, accessible, and modern neighborhood? Check out 170 W. Broadway, consisting of 33 luxury condos and featuring deeded garage parking spaces, high-end kitchens with quartz counter tops, and stainless steel appliances. Or perhaps you're more suited for 150 West Broadway, with 30 luxury condos, 33 on-site parking spaces, an elevator and common terrace. Call Elevated Realty at 617-701-6300 or email info@elevatedboston.com for more information on our luxury buildings in South Boston.

Living in the Seaport District of Boston is becoming more and more prestigious. Killer views, quick access to the T and highways, and immersion in the culture and entertainment that makes the city so great...these are all wonderful reasons to invest in Seaport real estate. And with so many condos slated for construction over the next two years (22 Liberty, 50 Liberty, Pier 4 and 150 Seaport Boulevard), it's easier than ever to call Boston home. However, if you think you have all the time in the world to decide and wait it out, you're wrong. Getting in early on Seaport new construction is crucial to securing your spot and saving money.

Let's explore those reasons in more detail.

Save $$$

Saving money is always a good thing, especially when you're already considering the high costs of city living. Of course, the money is well spent due to the conveniences, views and prestige that comes along with these addresses; but, it would be nice to save cash where you can. It's possible to get in under $2,000 per square foot before construction, whereas if you buy after construction is complete, prices can jump from $1,800 to $1,900 PSF to as high as $2,400 to $2,500. Limited inventory for the foreseeable future with regard to condos is driving prices up, so reserving a unit early is essential for buyers.

In addition to the outright cost savings, you can also take advantage of any promotions and specials the developer may be offering at that early juncture, such as free upgrades, rebates, closing cost assistance, the right to lease your suite, and more. These perks give you flexibility as an investor and boost your ROI. Buying in the first phase of pre-construction, you get access to the most affordable wave of pricing, also known as “Schedule A” pricing, which can be between five and 10 percent off the list price. If you're looking for the absolute best condos in the entire building, though, you may have to forego that notion because those units typically are saved for last to command the highest prices.

Another benefit? As the owner of a pre-construction condo, you're banking on the appreciation of the property once the land has been subdivided and all infrastructures and amenities are realized. According to LinkedIn, there is high investment potential for pre-construction in terms of price growth from purchase through development and completion, plus you can benefit from the market appreciation available should you hold the investment after completion.

Other Benefits

There are many more benefits of getting in on the ground floor of Seaport new construction, including:

• Instant equity, by the time your unit is complete, it will be worth more than you paid for it
• Leverage power to control 100% of the value
• Possibility of renting the unit to defer carrying costs and give you an additional source of income
• Access to new details about the property
• Ability to be part of the process and observe your unit come to fruition
• Potential to customize finishes in your unit
• Maximized incentives
• Peace of mind knowing you've secured a valuable piece of real estate in a tumultuous market before units are available to the “general public”
• Diversified investment strategy
• Tiered deposit structure
• Several price points available

There's something to be said about the excitement of getting in early on pre-construction, of watching your "baby" come to life, nurturing it from infancy to adulthood, all as you rest easy knowing you've secured your spot and can have confidence in knowing where you'll be living come construction completion. If these benefits seem like a no-brainer to you, it's time to start looking into the condo of your dreams.

Contact Elevated Realty

If you're interested in getting in on the pre-construction phase of Pier 4, 50 Liberty, 22 Liberty or 150 Seaport Boulevard, call Elevated Realty for more information and availability of units at 617-701-6300 or email info@elevatedboston.com. To learn more about free Buyer Representation and why you should use a Buyer Broker on every real estate transaction, please click here. We would be happy to help you explore your options!