According to The Charlestown Bridge:

In yet another real estate venture planned for the area of Rutherford Avenue, a local development team hopes to build a pair of high-rise apartments north of the Bunker Hill Community College athletic fields that would attract young people with its affordable loft-style units.

The approximately $70 million development, called Bridgeview Lofts because its units would offer views of the Leonard P. Zakim Bunker Hill Memorial Bridge and Downtown Boston, would occupy 285,800 square feet and consist of two residential building one 20 stories and 250 feet tall, the other 14 stories and 181 feet tall. A three-level garage would provide 280 parking spaces for the buildings’ 180 units at the at-grade level and on two underground levels in the complex. Pending approval from the Boston Redevelopment Authority and the community, the development team expects to break ground in a year and to take one and one-half years to complete the project.

The new buildings would be on the other side of the bridge from the new Archstone-Smith apartment complex, which is scheduled to open, first-quarter, 2008.

Buried further in the article is this:

While the development is now being planned as apartments, it could be marketed as condos if the real estate market shifted. The complex’s 152 two-bedroom units would rent for approximately $2,000 a monthly, while its 28 one-bedrooms would rent at a slightly lower rate. If sold as condos, the units would fall below the $500,000 mark, French said.

High-rise loft complex planned for Community College area – By Dan Murphy, The Charlestown Bridge

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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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