SellBoston LLC., the real estate team affiliated with Bushari Real Estate Group, has begun work on the anticipated development of The Residences at 945 East Broadway. Located in the City Point neighborhood, the construction cost is $3.2 million. The prices of the homes will range from $995,000 - 1.425 million.
The location, which was listed and sold in 2013 by James Marsden and Michelle Hediger is nearly two-thirds of an acre of land. In recent years, the City Point neighborhood has experienced a significant rise in popularity due to its neighborhood feel and close proximity to area beaches and parks, as well as its convenient access to downtown Boston.
The new development will offer ten luxury condominiums distributed across two sister mansions, consisting of three bedroom homes featuring amenities such as 24 underground parking spaces, top of the line kitchen appliances, marble bathrooms, and spacious patios or decks.
"After nearly a year of neighborhood meetings, reviewing site plans and adapting recommendations of members of the community, we are thrilled to be kicking off this project while working with esteemed developers and architects for the City Point residents," said SellBoston.
The project was designed by Finegold Alexander & Associates, an acclaimed Boston architectural firm that has overseen other well-known Boston developments such as Boston Opera House, Boston Cyclorama, the Ellis Island National Monument and the Hatch Shell.
Developers of the project, David Goldman and Dennis Kanin of New Boston Ventures, who hold highly regarded reputations as superior residential developers, have been collaborating with members of the City Point neighborhood, complying with their requests in retaining the historic aesthetic of the neighborhood. Past development projects of the firm include The Modern, The Allen House, Zero Worcester Sq. all in the South End, as well as the Salem Jail Development and 3521 Washington St. in Jamaica Plain.
The construction is expected to be finalized within the next nine months as New Boston Ventures plans to make 945 E Broadway units available in September 2015.
SellBoston is the real estate team of James Marsden ad Michelle Hediger specializing in the marketing of residential development projects in the greater Boston area.
New Boston Ventures is a boutique real estate and housing development firm based in Boston. With over 25 years of experience, New Boston has always been the solution to creative problems, passionate community partners, and bold market pioneers. New Boston Ventures does not limit themselves to a certain property type or to niche market. Instead, the firm views each transaction with fresh eyes, and weigh its merits against everything they've learned in their 25 year history.