Lovejoy Wharf

Lovejoy Wharf Mortgaged For $125 Million

Related Beal, the developer of Lovejoy Wharf, has mortgaged the property via Deutsche Bank USA for $125 million.

The development features 160 North Washington Street, the completed redevelopment of the historic Hoffman Building into 214,000 square feet of office space housing the headquarters of the Converse footwear company. The property also features 100 Lovejoy Wharf, a 157-residence, 15-story, 250,000 square foot luxury condominium building with ground-floor retail space.

Night Moves: Night Shift Opening Lovejoy Wharf Location

Everett-based, Night Shift, a locally loved and award-winning micro-brewery plans on opening a second location under the Converse Building at Lovejoy Wharf. As the North Station area continues to boom, with the Hub on Causeway and multiple mixed-use developments in the area, the brewery will be a welcomed addition.

The upcoming brewpub will amass 12,000 square-feet of space at 1 Lovejoy Wharf and hopes that the additional location can continue to help establish them as a Boston brand. Seating will accommodate about 300 people and weather pending, people will have access to a waterfront patio that overlooks the Harborwalk  Night Shift is excited about is the transit-oriented location, being right next to North Station and the MBTA.

According to Eater Boston, Night Shift’s production manager Anna Jobe will manage the Lovejoy brewery’s 10-barrel brewing system, which has a capacity of about 2,500 barrels per year. The taproom is set to have 30 draft lines with the majority of the beers brewed on-site and only poured out of the Lovejoy facility.

Ribbon cut on Lovejoy Wharf luxury condos

A ribbon cutting ceremony was held last week for the new Lovejoy Wharf waterfront luxury condominiums in Bulfinch Triangle, marking the completion of construction and welcoming the building's first residents, who will take occupancy this Fall. Lovejoy Wharf developer Related Beal was joined by Boston Mayor Marty Walsh and Massachusetts Secretary of Transportation Stephanie Pollack at the ribbon cutting. Lovejoy Wharf feautres 157 condominium residences now on sale, located steps from Downtown Boston and multiple dining and shopping options. Available residences include studios, one-bedrooms, two-bedrooms and three-bedrooms, with prices starting at $750,000. Lovejoy Wharf residents will have access to exclusive amenities including a landscaped 12th floor rooftop terrace, a spacious wharfside health club, a fitness studio, a resident lounge, a waterfront event room, a distinctive fireside library lounge, a billiards room, a business center and a children’s room. The following is a photograph from the ribbon cutting ceremony, courtesy Related Beal:

Construction complete at Lovejoy Wharf luxury condominiums, new renderings revealed

Construction operations at 100 Lovejoy Wharf, a new 157-residence waterfront luxury condominium building in Bulfinch Triangle, are complete, and residences are now on sale. JM Electrical Company, Inc. has put the finishing touches upon 100 Lovejoy Wharf, installing a complete building automation system. Residences at Lovejoy Wharf will feature advanced in-unit HVAC controls, tailoring to residents’ specific needs and ensuring utmost comfort. The building’s state-of-the-art automation system will control heating ventilation and air conditioning across the new building, ensuring top-notch energy-efficiency.

Amenities at the now-complete Lovejoy Wharf condominium building include a private 12th floor terrace with sweeping views, a spacious wharfside health and wellness space, resident lounge space, a business center and more. Residences are now on sale, ranging from a 10th floor, 750-square foot 1-bedroom/1-bathroom residence offered for $915,000 ($1,220 per square foot; $915,000 per bedroom) to a 5th floor, 1,601-square-foot 3-bedroom/3-bathroom residence offered for $2.6 million ($1,623.99 per square foot; $866,666.67 per bedroom). New renderings, posted above, have been revealed of Lovejoy Wharf’s stunningly luxurious interior spaces.

Lovejoy Wharf luxury condos hit market, new renderings revealed

Sales have begun for the 157 new luxury condominium residences at Lovejoy Wharf, and stunning new renderings of the distinctive waterfront property have been revealed. Condominium prices start at $750,000; condominiums for sale average $1,343.26 per square foot, ranging from $755,000 for a 629-square-foot 7th floor studio to $2.6 million for a 1,601-square-foot 5th floor 3-bedroom/3-bathroom. The 15-story Lovejoy Wharf condominium building will feature state-of-the-art amenities; more information about amenities is posted above. Construction of the building is just about complete, with occupancy expected in Summer 2017. The following are the latest renderings and photographs of the Lovejoy Wharf condominium building:

Renderings

Photographs

Lovejoy Wharf luxury condominium sales launching in April, new amenity details revealed

Related Beal has announced that sales of the 157 new luxury condominium residences at Lovejoy Wharf will commence in April, with occupancy slated for Summer 2017. Sales are expected to start at $750,000, with residences ranging from studios to three-bedrooms. New details of condominium amenities at Lovejoy Wharf have been released; the latest details are posted above. Distinctive amenities at Lovejoy Wharf will include a landscaped 12th floor rooftop terrace with sweeping views, as well as 34-bottle wine coolers by Gaggenau and Kaldewei deep-soaking tubs in each residence.

Lovejoy Wharf condominiums near completion, sales start expected this spring

The 17-story, 162-unit luxury condominium building at Lovejoy Wharf, located at 131 Beverly Street in Bulfinch Triangle, is nearing completion. Facade finishes and windows have been fully installed, and condominium interior fit out is well underway. Condominium sales are expected to start this spring. The following are photographs of 131 Beverly Street:

Related Beal sells Lovejoy Wharf building for $150M

Related Beal's sale of the Hoffman Building, located on Lovejoy Wharf, to Union Investment of Germany closed Thursday. Recorded sale price is $150,000,001. Related Beal acquired the Hoffman Building, located at 160 North Washington Street, for $11,250,000 in 2012. The agreement for the sale was first reported in November 2015 by Banker and Tradesman.

The Hoffman Building houses the headquarters of shoe manufacturer Converse and contains a total of 214,000 square feet of office space. Related Beal remains the owner and developer of 131 Beverly Street, an under-construction condominium tower located on Lovejoy Wharf adjacent to the Hoffman Building. 131 Beverly Street will contain 162 residential units across 17 stories. Additional information about the Lovejoy Wharf project is posted below.

The following is the deed for Thursday's sale of The Hoffman Building to Union Investment:

      

Brick finishes have been installed along much of 131 Beverly as the building moves closer to topping off! New photographs posted.

131 Beverly's frame is about to top off! New photographs posted.

We visited under-construction 131 Beverly Street on Lovejoy Wharf. Consigli Construction is hard at work, and the building's core continues to rise. When complete, 131 Beverly Street will be 14 stories tall. View our photographs of 131 Beverly Street above and learn more about the project below.

Also, Steve Adams of Banker and Tradesman reports that developer Related Beal is expected to sell the recently-completed Hoffman Building on Lovejoy Wharf, currently home to Converse headquarters, to a German pension fund for $150 million: http://www.bankerandtradesman.com/2015/11/german-fund-exse-hq-for-150m/

Converse moved into its completed space at 160 North Washington Street in mid April 2015. Soon afterwards, the new Harborwalk space on Lovejoy Wharf opened to the public. 131 Beverly Street broke ground in late April 2015 and is expected to be complete by spring 2017.