Sales activity at EchelonSeaport could be a good barometer of what to expect in the Boston luxury condo market for 2020: healthy demand for smaller, more efficient units that appeal to buyers in the sub-$1 million range.
The management company for condominiums at the Intercontinental Hotel and Fan Pier has been selected to provide resident services for the first two towers scheduled to open at the EchelonSeaport complex.
A Korean investor is partnering with Cottonwood Group on its $950 million EchelonSeaport development and future projects in the U.S.
The market remains firmly tilted in sellers’ favor, but is beginning to show signs of a correction while two record-setting ultra-high-end condominium developments scheduled to open this spring in Back Bay and asking prices for Boston condos continue to rise.
New details are emerging on the next high-end apartments in Boston’s Seaport District, a 388-unit complex being developed by Miami-based developer Crescent Heights.
Two projects totaling $1.2 billion that will bring 831 more high-end condominiums and apartments to Boston’s Seaport District are marking construction milestones.