Property developers say stars are aligned for big projects in Boston
Read the Full article by Thomas Grillo here.
Some of Boston's most prominent real estate developers say that the time is right to build, citing pent-up demand, low interest rates and an influx of empty nesters seeking condos in Boston.
At a Wednesday breakfast event hosted by NAIOP, panelists -- including some of the city's biggest names in development -- said they are poised to build more than $3 billion worth of mixed-use projects in the city. And they say the stars are aligned to make these Boston luxury condo projects successful.
Factors creating this perfect storm for the city's multibillion-dollar development pipeline include the Big Dig's completion, a growing population, a flood of Baby Boomers desiring to return to Boston, lower unemployment and a rush of foreign capital.
Twenty Two Liberty, Fan Pier (Courtesy of The Fallon Company)
Luxury Boston condominium developments to look forward to include Millennium Tower, Twenty Two Liberty (pictured above) and One Dalton to name but a few. Contact Campion and Company today to learn more about the Boston luxury real estate market and these highly anticipated Boston real estate developments.