Hotter than Tabasco sauce: the Boston RE market

[rinserepeat]

With the improvement to the economy, perhaps we'll see more developments proposed for the outer neighborhoods which should help moderate apartment and condo prices.

there's still a lot of opportunity for development along the orange line... there's Dudley, which is about to undergo a major transformation (plus there's a bunch of vacant/parking lots closer you get to roxbury crossing and along the columbus Ave side of the SW corridor) - this could be the next hot area... it's somewhat reminiscent of the start of the whole south end transformation along washington street back 15 years ago...

There are also a couple decent sized projects proposed near Forest Hills, plus the 40-unit building (plus restaurant) set to break ground early next year in rozzie square. Forest Hills has several acres of vacant/underutilized property - there's been at least one RFP out for the bus terminal, there's an underused parking lot next to the courthouse, and then all that weird left-over industrial stuff along washington street (both sides of forest hills).

 

[armpitsOFmight]

^Roxbury Crossing does indeed have empty lots and is perfect for extra apartments and retail.

 

[Czervik.Construction]

Unless there have been some changes in that area since I left, the area directly across from the T station at Roxbury Crossing has a few vacant lots and what appeared to be a vacant building or two.

^Roxbury Crossing does indeed have empty lots and is perfect for extra apartments and retail.

 

[Matthew]

My favorite picture!