Welcome to GentriWatch, where we look for signs of gentrification happening around the city.
Pre-leasing has begun for the 164 units that comprise Quincy Center‘s West of Chestnut apartment complex at 32 Chestnut Street, a project the city once dubbed the “largest and most aggressive urban redevelopment project currently underway in the United States.”
West of Chestnut’s developer, Gate Residential, is targeting young professionals, reports Curbed’s Tom Acitelli, offering “cutting-edge luxury and connectivity.” Studios start at $1,825 a month, one-bedroom units at $1,942, and two-bedroom units at $2,495. Amenities include a cross-training studio, an outdoor kitchen, and a dogwashing station.
West of Chestnut, located just steps away from the Quincy Center T stop, is set to open in May.
• • •
Add a doggie daycare to the list of business squeezed out of South Boston by the invasive condo craze.
Fenway Bark owner Jane Fulton has emailed customers letting them know she’ll be closing up shop by the month’s end, reports Universal Hub.
“We tried what locations remain after so many industrial zoned areas have become sprawling condominium and apartment developments,” Fulton wrote. “What remains of industrial property, which is the only zoning allowing for dog care, has become outrageously expensive, three times what I pay at this location and the prior location. In the end, the math simply doesn’t work because no matter how much someone earns, paying $100 a day for dog care simply isn’t palatable for anyone.”
• • •
The Millennium Tower has found a buyer for the $37.5 million penthouse on its 60th floor, its developer announced Wednesday.
The 13,000-square-foot condo in Downtown Crossing boasts a 2,000-square-foot outdoor terrace and panoramic views of Boston so inconceivable to most ground-dwellers, Millennium Partners sent a drone up 685 feet to help potential buyers wrap their well-coiffed noggins around it.
Though the New York-based firm declined to disclose the closing price or the buyer, Millennium Partners told the Boston Business Journal the buyer plans to “to occupy the space as its family residence.” Just 10 percent of the remaining 442 luxury units in Boston’s third-tallest building are still up for grabs, starting at $3.3 million, the BBJ reports.
Source URL: https://www.bostonmagazine.com/news/2016/02/12/gentriwatch-luxury-quincy-center/
Copyright ©2019 Boston Magazine unless otherwise noted.