Overview
- Updated On:
- September 14, 2022
Description
BPDA approved 42 unit condominium development with 51 parking spaces in one of Boston’s hottest submarkets. The project is located on an approximately 19,544 square foot parcel. 11 Faneuil is in a prominent urban infill location in the heart of one of Boston’s most exciting submarkets with $2B+ in ongoing development, anchored by seminal developments Arsenal Yards, Allston Yards, Harvard University’s expansion, and Boston Landing; a 15-acre campus which is home to a new commuter rail station that is only ½ mile from the site. Brighton Center and the Charles River are within 1/2 mile as well; and it is approximately 1 mile to the heart of Harvard University’s Allston campus expansion. With the focus on lab and office space bringing more and more job growth to the area, and the continued transformation of the Allston-Brighton neighborhood, the condominium market has seen tremendous growth with sales prices of many units eclipsing $1,200-1,300/PSF. A phenomenal development opportunity.
