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HomeArchitecture6 of the Hottest Luxury Developments in Boston

6 of the Hottest Luxury Developments in Boston

When it comes to sales of luxury residential developments in Boston, business has never been better, according to Joshua A. Golden, the owner of Luxury Residential Group, a real estate company in the city. “There are a lot of new buildings in Boston, and the properties are selling at a brisk pace,” he says.

Although people fled Boston in the wake of the pandemic—as they did from cities around the country—they’ve since come back, Golden says, and they want to live in one of the swanky new developments. Furthermore, empty nesters are also moving in for the first time. High-end condominiums in town cost an average of $1,800 to $2,000 a square foot, he says, but waterfront properties and penthouses can command upwards of $4,000.

Serious buyers would do well to close a deal when they have the opportunity, Golden advices. “The inventory is incredibly low right now,” he says. “I have buyers willing to pay between $25 to $30 million for a condo and nothing to sell them.”

Our roundup below talks about the six developments in Boston that are among the hottest places to live. We’d be happy to call any of them home.

Starting price of residences: $2 million

Scheduled to open next year, St. Regis Residences is located on the Seaport waterfront and has an architectural style that’s inspired by a ship’s mast and sail. Residents can enjoy city and harbor views from their floor-to-ceiling windows and Juliette balconies. They also have the option to lease a boat slip at the nearby pier and can take advantage of a yacht charter membership plan that gives them access to a fleet of crewed Hinkley Yachts.

A rendering of the 20-meter indoor pool at Raffles Boston Back Bay Hotel & Residences.

Photo: Binyan Studios

Starting price of residences: Not yet released.

Debuting in the fourth quarter of 2022, Raffles will have 146 residences and a host of attractive amenities. They include six dining venues including a speakeasy and patisserie, a gym with city views, a spa, and a 60-foot indoor pool. Raffles will also feature a three-story lobby with a striking staircase that spirals through the atrium and has curved oak stairs and copper balusters.   

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