Once lost between the Financial District and the Boston Common, this emerging neighborhood is making its presence known in a major way. Though it has typically played second (or third) fiddle to the traditionally luxurious residential neighborhoods of Beacon Hill and Back Bay, a boom in new construction has put “Midtown” (aka Downtown Crossing) on the luxury residential map for good.
With its centrality, public transportation infrastructure and luxury amenities, this area’s emergence was seemingly as inevitable as any in Boston. A Roache Brothers grocery store was introduced in 2015 further establishing Downtown’s acceptance as a lifestyle (24/7) neighborhood. Sales prices Downtown have matched some of the highest comps in more established neighborhoods making the frenzy to get into this ‘hood very real.
Full service living (often synonymous with Tower living) is an idea that has not always been embraced in Boston. Downtown Crossing is now home to the most concentrated stock of these 21st century stunners. The full service craze began with the Ritz Carlton Residences which came out of the ground at the corner of Washington and Avery Streets in 2002 with over 200 condominium units. Since then, the following buildings have been built:
- 660 Washington St - 420 luxury apartments in 2006
- 45 Province Street - 137 condos in 2009
- The Kensington - 400 luxury apartments in 2013
- Millennium Place - 256 condos in 2013
- Millennium Tower - 442 condos in 2016
Future years promise additional high rise construction and a growing number of retail and dining options catering to the residents and professionals in the area.
Start your search or sales process by understanding the data that drives the market.
Data sourced from MLS Pin on single family and condo properties over $1 million.
Months of Supply: >6 Months: Buyer's Market | 4-6 Months: Balanced Market | <4 Months: Seller's Market
*Number of Properties Sold trailing 12 months.
Commercial and residential towers blend together beautifully with historical architecture in Downtown Crossing, aka, Midtown.