The BRA has given its final approval for a construction of a New Luxury Rental High-rise in the Downtown area. The $172M new Luxury Building will be 27 stories high, featuring 385 Luxury Rental units, 110 parking spaces, and retail and commercial space on the ground floor. The new building will be at the corner of Washington Street and LaGrange street. The New building will be named: The Kensington. The Kensington Luxury Building is scheduled to open it doors in summer/fall of 2013, and construction to begin summer of 2011.
This is good news for the Boston Real Estate market and the neighborhood, especially after the failed project at the old Filene’ s Basement.
Boston Luxury Residential