Providence on Newbury is Shaping Up

The Providence on Newbury photo immediately below was taken in the May 2007 timeframe, when heavy construction was still ongoing at the Providence on Newbury condominium development located at 294 Newbury Street in Boston’s Back Bay.

Providence on Newbury

Fast forward to the present, and you can see by the below exclusive photo that work has progressed nicely, along with newly planted grass, and the removal of the ugly construction fencing.

Providence on Newbury

The Providence on Newbury is a 7-unit high-end condo rehab project in the heart of Back Bay’s trendy shopping and restaurant row. The grand penthouse was never available due to it being held by a family member of the development team, however, the remaining units have gone somewhat quickly, and a single two-bedroom two-bathroom 1,550 square foot unit remains. Priced at $1,430,000, the unit comes with parking, direct elevator access, subzero/wolf kitchens with an indoor grill, oak floors, marble baths, laundry in unit, central heating and air conditioning, an open floorplan, great condo association with strong initial reserve. and 9 windows on Newbury Street.

Previously sold units in the boutique development are commanding strong sales to list price ratios with Unit 3A, a one-bedroom listing for $565,000 and selling at $569,000, and Unit 2A, a two-bedroom two and a half-bathroom listing for $1,425,000 and selling at $1,400,000.

Condo fees for the remaining two-bedroom unit in this 1885 original construction building are $616. For more information, or to setup a showing, please contact us.

Below are several photos of the very tastefully done Unit 2B, note that the Providence on Newbury has indeed received their Certificate of Occupancy, so this one remaining unit is move-in ready.

Providence on Newbury

Providence on Newbury

Prices Slashed at Meads of Commonwealth

All eight of the remaining units at the ultra luxury Meads of Commonwealth have undergone a price reduction over the past month, the most recent move saw 6 of the 8 units cut in price by as much as $200,000.

Remaining 2-bedroom 2.5-bathroom units are approximately 1,800 square feet, and range in price from $1,699,000 to $1,950,000. 3-bedroom 2.5-bathroom units are approximately 2,400 to 3,100 square feet, and are priced from $2,550,00 to $2,615,000. The 3,800 square foot 3-bedroom 3.5-bathroom grand penthouse with vast outdoor space is priced at $5,500,000.

For more information, or to setup a showing, feel free to contact us.

Meads of Commonwealth

More Boston Mandarin Oriental Photos

We captured the below exclusive photos of the continued progress on the Boston Mandarin Oriental, the ultra high-end hotel-condo development slated for a July 1, 2008 opening. As we stated earlier last week, there is one unit that remains at the development, and it is priced at $5.25 million, and includes outdoor space, and a single garage parking space.

Boston Mandarin Oriental

Boston Mandarin Oriental

Boston Mandarin Oriental

One $5.25 Million Condo Remains at Mandarin

As you may know, the Boston Mandarin Oriental was completely sold out, however, there was a Buyer who was relocated outside of Boston, and their unit has become available again. The single remaining unit at the ultra luxury Mandarin is Unit 11A. Here are the details:

  • Unit 11-A is a three-bedroom, tow-bathroom, 3,200 square foot unit
  • 1 parking space included, additional parking space available for $200,000
  • Underground parking garage is fully secured, and is exclusive to condo/residence owners (no hotel guest mixing)
  • Outdoor terrace space is included
  • Sales price is $5,250,000
  • Occupancy date is slated for July 1, 2008, and is on schedule

The Mandarin Oriental Unit 11A floor plan shows a very spacious and flowing setup. For more information, please contact us.

Boston Mandarin Oriental Condos

Boston Mandarin Oriental Gets Undressed

The top floors, as well as the northwest corner of the Boston Mandarin Oriental has been unveiled, to the somewhat disappointment of Bostonians. The Mandarin is an ultra-luxury hotel condo development that will offer 50 condo units on the top floors of the building.

Bostonians are somewhat disappointed in the exterior architecture, or lack thereof, given that the minimum price tag on the almost completely sold out building is $3 million.

We have exclusive photos below showing the progress at the Boston Mandarin Oriental.

Boston Mandarin Oriental

Boston Mandarin Oriental

Boston Mandarin Oriental

Boston Mandarin Oriental

285 Columbus Lofts New Condo Development

We stopped by the 285 Columbus Lofts jobsite today to have lunch with the crew. Work is steadily progressing on the new 63-unit development at the corner of Columbus Avenue and Clarendon Street, steps from the Bryant on Columbus and the Clarendon Back Bay.

Planned for a Certificate of Occupancy date in June 2008, 285 Columbus Lofts is an exciting redevelopment of the former American Red Cross Building. Units will include high-end sophisticated finishes, hardwood floors, large windows, and high ceilings (9’6″).

For more information, please contact us. Check out the exclusive 285 Columbus condos construction photos below.

285 Columbus Lofts

285 Columbus Lofts

285 Columbus Lofts

285 Columbus Lofts

285 Columbus Lofts

285 Columbus Lofts

285 Columbus Lofts

Zero Marlborough Penthouse Sold

For more information on luxury condos currently available for sale at Zero Marlborough, please contact us.

The Boston Courant reported today that the penthouse at Zero Marlborough went under agreement with a list price of $8,355,000 (according the Boston MLS, this actually happened back on February 12, 2007). Four of the available 13 units at the boutique luxury development seated at the foot of the Public Garden are under agreement, with eight units remaining. Still for sale are two to three-bedroom units priced from $1,635,000 to $4,799,000.

Zero Marlborough is currently on schedule for a Summer 2008 completion, similar to its ultra-luxury sister development, the Boston Mandarin Oriental, which is poised for a June 2008 occupancy date.

The Boston Courant spoke with the often quoted Kevin Ohearn, who stated “This is demonstrative…of the overall strength of the downtown (Boston) market, which is reacting contrary to national and state trends.”

Perhaps Kevin read our article from last month, City Center Condo Prices Buck Trend, where we said the exact same thing. Or perhaps Kevin read our Boston Condo Sales Increasing article from July, where we, again, said the exact same thing, namely, many reports that have come out lately are discussing Massachusetts housing statistics, rather than the city of (downtown) Boston itself, note the difference when looking at statistics.

285 Columbus Lofts

The former Boston American Red Cross building at the corner of Columbus Avenue and Clarendon Street, on the border of Boston’s Back Bay and South End, is being redeveloped by Boston Residential Group into 63 high-end loft-style condos. Boston Residential Group is no stranger to working on landmark buildings, such as 360 Newbury, and they are quickly moving forward on the conversion of the former eight-story Red Cross building into what they are calling 285 Columbus Lofts.

285 Columbus Boston Lofts

The lofts at 285 Columbus add to a growing conglomerate of high-end new developments within a several block radius, including the Bryant on Columbus, the D4 condos, and the Clarendon Back Bay. 285 Columbus will add 55 market rate (which leads us to believe that there will be 8 affordable units – more information on Boston affordable housing) loft-style condos to the area, ranging in size from 753 square feet to 1,579 square feet, with prices ranging from the high $500’s up to approximately $1,500,000.

The units are slated to include high-end, sophisticated finishes, hardwood floors, large windows and high ceilings. The building has double loaded corridors with front units on Columbus Avenue, back units fronting the Hancock Tower, and back and side units on Clarendon Street. There will be nine (9) units per floor, along with extra storage in the basement.

Parking will be available behind the building at 131 Dartmouth Street – unfortunately, parking will be leased, however, 285 Columbus Lofts is negotiating exclusive long-term rates with the garage. A restaurant (name not announced yet) will occupy the 9,000 square foot commercial space on the ground floor. The tentative occupancy date is June 2008 – matching the Bryant on Columbus, FP3 Boston, and the Boston Mandarin Oriental (it’s going to be a busy June).

For more information on unit statistics, please see the 285 Columbus Lofts page at Boston Condo Guy.

Trinity Place Condo Development

Another exclusive photo of Trinity Place in Boston’s Back Bay. What’s that at the top of the building…the $15 million Trinity Place penthouse.

Trinity Place Condo Development

Boston Mandarin Oriental Construction Photos

We’ve updated a previous post on the Boston Mandarin Oriental with exclusive new photos for your visual enjoyment.