For years, the area was mostly an industrial area, and there really weren't many Condos in the Seaport District. This changed after the Big Dig built the I-93 and I-90 interchange and installed the Silverline. Now, with an easy commute to the suburbs and the airport, professionals and numerous businesses have started moving into the Seaport District in droves. If you would like a condo near the ocean with gorgeous views, fantastic restaurants to eat at, then the Seaport District may be right for you.
With prices approaching $1,500-$3,000/sq. ft., there are certainly not many affordable options in the area. The Boston luxury condo market is not far behind New York City, and the Seaport District is probably the hottest neighborhood in Boston. This is one of the reasons Don Chiofaro is building twin towers in the district. In fact, there are 1,500 new condos under construction, many of them looking directly across the channel and into Downtown Boston. This includes the luxury condos being built at Twenty Two Liberty, that reportedly are already sold out. The developers continue to build luxury highrises, which have been popular with wealthy buyers and international investors.
Builders haven't just been worrying about trendy looks. A recent report from the Urban Land Institute has inspired developers to get creative in finding new ways to make buildings leak proof and to put lips or barriers in front of garages to prevent flooding. This will be an area where new houses will benefit from what New York learned during Hurricane Sandy.