Revised Hodge Boiler Works development, featuring 119 new condominiums, approved on East Boston Waterfront

Revisions to the Hodge Boiler Works development on the East Boston Waterfront were approved at yesterday’s Boston Planning & Development Agency (BPDA) Board Meeting. The development will now feature 119 condominium residences overlooking the Boston skyline, in addition to 7,200 square feet of shared-work space and a Harborwalk extension. The development’s change from apartments to condominiums signifies the growing strength of the East Boston Waterfront condominium market. The nearby under-construction Slip65 development, the East Boston Waterfront’s first condominium offering, has been seeing very strong demand, with 50% of residences reserved for prices ranging from $700- to over $1200 per square foot; some residences at Slip65 are under agreement for over $1.5 million. The Hodge Boiler Works development will now go before the City of Boston's Zoning Board of Appeals (ZBA) for review; ZBA approval will be required in order for the building to proceed with construction.

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