Boston and Chelsea real estate

Boston and Chelsea real estate

Yes, Chelsea.

Almost every five years or so, someone proclaims the imminent “renaissance” of Chelsea, or the renaissance of some other hapless city or neighborhood that, on a one-dimensional map, seems to theoretically have a lot of potential.

Remember all the old decades-long talk about how Central Square and Kenmore Square were on the cusp of a “renaissance” too? Central Square eventually got there, after a few decades of fits-and-starts improvements. Kenmore Square never quite got there, partly because of the disappointing T-stop renovation and the dizzying changes to the streetscape.

Revere, Everett and Lynn are other cities that always seem to be on the verge of a “renaissance,” but never get there.

But Chelsea? This time it might be different for Chelsea, an old industrial city that’s also had its share of “renaissance” predictions.

Why is it different this time? Because there seems to be an honest-to-goodness mix of development going on in Chelsea, as the Globe points out: A new FBI fortress complex, two new hotels, a handful of large apartment-building complexes – with possibly thousands of additional housing units on the way.

The biggest and most convincing argument that this revitalization is real and probably sustainable: The prices of housing in Boston, Cambridge, Somerville etc. are just too high and show no signs of easing up, while land and housing in Chelsea is comparatively cheap, though much of that land needs to be environmentally cleaned up after decades of industrial use.

Another big plus: Chelsea’s close proximity to Boston and its downtown attractions.
All of this won’t lead to a “renaissance” of Chelsea. It will probably retain a lot of its hardscrabble edge — which isn’t such a bad thing, btw — as only a few of its neighborhoods are transformed into an urban oasis for professionals.

But it is indeed a new real estate frontier that could end up producing thousands of desperately needed housing units in the Boston area.

 

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Source: MLS

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Source: MLS

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Updated: November 2018

Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

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