
Rendering of a a proposed development at 411 D Street
South Boston developers filed recently with the Boston Redevelopment Authority for a 200,000 square-foot project on D Street in the Seaport District across from the Convention & Exhibition center.
The development at 411 D Street would raze the current commercial structures on the property and replace them with two residential structures with retail/commercial space on the ground floor.  This would be a great addition to the fast growing seaport District neighborhood as residents of neighboring 437 D Street Lofts have continued to see their property values increase with expansion to the area.
Developers purchased the 63,000 square-foot property for $7.3 Million last fall and plan to house 197 rental units in the two structures along wth 26 “innovation units”. Â The makeup of the units would consist of Studios, one-bedrooms, two bedrooms, a few three bedroom units and 129 spaces for on-site parking.
The first Building would be six stories with a height of close to 70 feet and will also include a roof-top terrace. Â The second building which will reach five stories and be nearly 60 feet tall, will also include residential units along with a 2nd floor garden terrace and a rooftop terrace. The 2nd building will also differ in shape, reducing floors on the southern side to allow for more light on the 2nd floor garden terrace.
Developers estimate that the project will cost close to $60 Million
for more information on development and Seaport District Condos for sale and rent please contact Yoni Haiminis at (617)304-1400 or yoni@lofts.com