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Tuesday, March 31, 2009

50 West Broadway, South Boston

50 West Broadway Update

50 West Broadway Street
in South Boston is the newest site for an up and coming luxury condominium complex which will hold approx. 139 condos which are said to range anywhere from $1,800 to $4,000 a month for rentals. The old home to the Cardinal Cushing High School alumni is now a 61 million dollar project in the middle of Southie and is said to be open this fall, which rises worries to sellers and neighbors because of the recent trouble of other for-sale projects around the city. They are very focused on creating a transit friendly community for the residents with convenient transportation to and from the popular Downtown Boston area. On the street level of this building there is said to be close to 4,000 sq. footage of retail space and also an underground parking garage. I think it would be nice to develop another area of Boston as more and more people are broadening their horizons to new and different parts of the city. It would definitely be important for them to make this area as commuter friendly as possible, that is a crucial aspect that buyers and renters look for when they decide to into a different part of Boston. I'm excited to see the progress of construction this summer and hopefully they will be up and selling by this fall. Will keep you posted with any new pictures or information.
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