The luxury apartment construction boom in Boston and Cambridge is opening up new options for the short-term corporate housing sector as well.

Ten units at Portside at East Pier, the 176-unit rental complex that opened last month in East Boston, will be reserved for Evolve Suites short-term rentals provided by Stoneham-based corporate housing provider Northeast Suites under a multi-year agreement.

Northeast Suites has agreements to rent furnished apartments at various luxury rental complexes in Boston and Cambridge, including 660 Washington, Fenway Triangle Trilogy and The Kensington. But Portside will be the first property where Northeast offers nightly rentals as well as extended-stay options.

Patrick Flynn, Northeast Suites’ founder and CEO, said the short-term option is a response to the growth of housing sharing services such as Airbnb.

"What I found was over the past few years, there’s demand for shorter-term housing from people who don’t want to spend the money on a hotel. Historically our industry has shied away from this, but I had to do this because the demand is there," Flynn said.

Rates range from $99 to $250 a night for 650-square-foot studios equipped with full-sized refrigerators, washers and dryers and sleeper sofas.

Since Flynn founded the company in 2012, revenues have increased 350 percent, and are projected at $10 million this year. The demand for short-term corporate housing is driven by the biotech, finance and medical industries, Flynn said, at properties ranging from Boston’s Longwood Medical area to the Seaport and Cambridge.