In Watertown, Quincy, Medford, Brookline and beyond, developers are selling the upscale loft lifestyle to buyers, often at prices that are half the cost of similar units in the city.
“A lot of people like the loft concept but aren’t able to afford the prices lofts command in downtown neighborhoods,” Richard Kimbal Greer, a principal with Boston-based Kimball Borgo, which specializes in loft sales, tells GlobeSt.com. “Developers are taking advantage of that to create more cost efficient projects” in the suburbs.
The Granite Lofts, in Quincy, is one of the more popular projects.
Developers Look to Suburbs for Loft Construction – By Beverly Ford, GlobeSt.com