It’s the hottest Boston condo market in years, and condo construction in Boston is still in full swing. In early September, regulators approved condo construction in Boston for what will be the city’s tallest residential building, a nearly 700-foot condo and hotel tower in the Back Bay.
This project will be comprised of 425 residences, which include 250 hotel rooms and 170 condos. Its lead architect is Henry N. Cobb, who designed the nearby John Hancock tower during the in 1970’s. Officials believe that this 58-story building will bring thousands of additional residents and visitors to the Back Bay. Condo construction in Boston for this project is scheduled to start in early 2014.
This project is one of several major projects slated for construction and is expected to reshape and enhance the city’s skyline. Condo construction in Boston has already started on a 625-foot residential tower in Downtown Crossing, while another developer recently proposed a series of sky-high buildings near the TD Garden, including one that would reach nearly 600 feet.
In the South End, condo construction in Boston is underway for a six-level building in Worcester Square. These condos are located in Boston’s historic South End, home to the Boston University Medical Center.
This burst of condo construction in Boston will jump-start Mayor Thomas M. Menino’s plan to build 30,000 new housing units in the city by 2020. This week, the mayor released plans to reach this lofty goal, putting an emphasis on affordable housing forĀ the middle class, including elderly residents, families, and young professionals.