The city of Boston has seen a wave of new construction developments over the past decade. In an effort to meet rising demand for housing, the city has made it an initiative to build 69,000 new housing units by the year 2030. This initiative has reshaped Boston’s skyline and turned the waterfront from a shipping yard into a haven of .
Now, Boston is home to some of the newest most state-of-the-art luxury buildings in the country. But the work is far from done. Apartment shortages have pushed rent prices close to San Francisco and NYC levels, and more development will be needed to curb rising rents. Here are 5 of the biggest new construction projects that recently received approval from the housing board.
This massive Downtown development project has recently received for the final phase of development. This involves the demolition of the Government Center Garage to make way for the office tower, a new public plaza, and a redesigned public transit hub. The total project when completed will add 486 new luxury apartments in Downtown Boston as well as an office tower and ground floor retail space.
220 Huntington Ave – Back Bay
220 Huntington Ave – Back BayThis received board approval in October of last year, and promises to add 351,000 square feet of residential and retail space. The project will include 325 luxury apartments, 153 parking spaces, and more than 17,000 square feet of retail and restaurant space on the intersection of Huntington and Cumberland Avenues.
819 Beacon Street – Fenway
819 Beacon Street – FenwayAlso receiving board approval in October of last year was. This project promises to add 393 housing units as well as 200 parking spaces and 1,600 square feet of retail space in a neighborhood that is in desperate need of additional housing inventory. It will also include 53 patient housing units for Boston’s Children’s Hospital.
NEXUS – Allston
NEXUS – AllstonThis