You can call it the West End, if you’d like.
Last year, Delaware North Companies received approval from the Boston Redevelopment Authority for its plans to build a 37-story residential high-rise tower next door to its TD North Garden. Subsequently, they received final approval from Boston’s Zoning Board of Appeals, meaning they can begin building, as soon as they want.
Nashua Street Residences will have 121 rental apartments and 242 condominiums. That mix is subject to change however, as the developer completes its market analysis, the developer said. The project will cover 577,000 square feet of space, and rise 415 feet. There will be 5-floors of parking, above ground, as well.
Prices are expected to be in the $650/SF range, putting them below “luxury” buildings such as the Ritz-Carlton and InterContinental, but inline (but higher) with what condos are selling for in the nearby Strada234 complex.
Although construction has not begun, sources tell me that the project is a go, and that the developer will be putting shovels in the ground, imminently.
However, the original date of completion, 2007, is probably a bit overly-optimistic, at this point.
Just as well, the glut of properties on the market right now will have dissipated by then, allowing the developer a better chance of finding enough buyers.
Not that I think they’ll have any trouble.
Location, style, and price will make the project a success, in my opinion.
At some point in the future, Delaware North Companies is also planning on building a hotel and office space in the front of the TD North Garden, facing Causeway Street. Those plans had been delayed due to the depressed office space market, but the time might be right, for it, now.
Architect photos courtesy, Costas Kondylis and Partners, LLP