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In my ideal world this would be 100-200 feet taller and incorporate the existing buildings. I do wonder about the long term opportunity costs of Boston underbuilding (or at least not pushing the limits) in some of the last developable spots in it's premier business district. But, this was a...

Wow, it is always just crazy to me how expensive class A apartments are in central Boston. Even DC, another higher income land constrained city, seems cheap by comparison. Good to see the building doing well though.

I remember reading that given the logistics of the site, there will be a year of prep-work before the actually tower construction really becomes noticeable. Does any of this count toward that 1-year site prep?

When all is said and done, it will be interesting to see what the long term impacts of the new towers on Boston. My guess is that this tower's main legacy will be for what it does at street level/neighborhood revitalization in DTX. Architecturally, I'm guessing it will be a better than...

Re: The Point (Boylston/Brookline) Hopefully they role right into construction. Although, I though this still required a final approval?

Overall this is a pretty good development. But, does anyone know if the ultimate plan is to build over that big nasty parking lot? It would be an ideal spot for a 12-16 story apartment building or two. The main development provides enough of a buffer from the 5-story vernacular of the...

Re: The Merano Does anyone really think this will break ground in December? Seems like a pretty quick turn around.

Good points. Not saying DC is cheap or perfect by any stretch of the imagination. IMO, the city is still too restrictive on new development. But in general ,that area has been building enough new apartments to at least see the effects of supply and demand in action: It's a Renter's Market in...

At some point these last 10-15 posts will be split of on to a more appropriate thread, but in lieu of actual project news: In fairness, Chicago and Toronto are world class city that have managed to keep prices affordable through high density development. Toronto condo prices are out of sorts...

I think the foreign investor is potentially an issue in some cases, but that is a demand for housing issue that is largely unrelated to supply (new construction). Foreigners could just as easily buy up older existing units (as they do in London). Sure at the margin, new lux construction may...

This notion of induced demand is a bit of a red hearing. It really only applies to submarkets. Sure if you have a cheaper than average neighborhood with lots of underdeveloped lots and you start developing them then yeah, the neighborhood will become more attractive and prices will rise. But...

Better yet, BUILD! BUILD! BUILD!

Damn it, I was hoping there was some Monday afternoon news that the BRA had sorted out the issue and was going to approve it.

Re: 111 Federal St. | Formerly Trans National Place (Winthrop Square) Part 2 Realistically, this tower will probably be occupied by workers already in Boston. Probably either a financial company relocating from another downtown building when there lease is up or maybe a growing biotech company...

Re: The Merano The sample wall appears to be visible in the Google map image from Sep 2013 posted on the previous page. Unfortunately, this project has become a believe it when I see it type development: https://www.bisnow.com/archives/newsletter/boston/bdgs-merano-rising-from-the-big-dig/...

Thanks for moving this. That would seem to argue for more buildings like this then. If we had 10 or more buildings like this going up, renters would be more able to shop around and then landlords would have to lower rents somewhat to compete for business. Since they are charging a premium...

Is 45w projected to rent for 3k a month, because that is what they need to earn a decent return or is it they a charging 3k a month because they can in a super tight Boston apartment market? It seems Boston could be delivering cheaper class A units (maybe closer to $2,000 to $2,500 for a tiny...

It will be interesting to see what the rules are on renting these units out? I expect some share of these will end up as high end rentals. Either way, this is good news for the other condo towers planned around the city. There are another 180 u/c at four seasons, and 109 potentially u/c by...

I'm not sure how anyone can reasonably construct a precise estimate on the number of units needed to stabilize housing prices for something as localized as Cambridge. At the end of the day, it is a smallish city in a metro area of almost 5 million people. Conceivably, Cambridge's...

Re: Garden Garage Towers (Basketball City) | 35 Lomasney Way | West End Great to hear this project is sneaking its way through the approval process. Thanks for the link. I think this the fist time I have seen a skyline rendering with the Nashua Street project. Looks like it will be a...