Considering the overall need for more housing in the city of Boston, it's no surprise that the new "Royal" building under development in the city's South End neighborhood at 407-409 Shawmut Ave. is already at 50 percent under agreement in just the first six weeks of going to market.
The Royal project is composed of two adjacent buildings — an 1892 insurance company building and a mid-1800s brownstone — combined into a single structure. The new development will have 12 units in total, most with two or three bedrooms.
Nine of the units have floor-through layouts with 1,600 to 2,500 square feet of living space. There are also two garden duplex units, each with 1,600 square feet, and one one-bedroom condo with about 900 square feet.
All of the units will have beautiful high ceilings throughout. One of the structures is a corner building, and the units located there will include 18 windows and 10-foot-high ceilings.
Bringing the buildings back to their original detail will be the architectural firm of Finegold Alexander & Associates, which is known for its historical renovations. In addition, the interiors will be designed by Terrat/Elms Interior Design.
Expect to see finish work that is very high-end. Master bathrooms will be all white with marble and glass tile, free-standing tubs and large showers. The guest bathrooms will be grey and silver in glass and ceramic tile with "dropped-in" tubs. The kitchens will have a combination of flat-front espresso-stained cabinetry along with Shaker-style light taupe painted cabinets. The appliance package includes Thermador wall-mounted ovens and integrated refrigerators and dishwashers. In addition to hardwood flooring throughout, all units will have high-velocity cooling and heating systems as well as tankless hot-water heaters.
Scheduled to be completed in the summer of 2014, the remaining six available units range in price from $1.2 million to $1.9 million with the exception of the one-bedroom space at $575,000.
As this development is still months away from viewing, all showings are scheduled through the Coldwell Banker office located at 137 Newbury Street, where finish boards and floor plans may be reviewed.
The project is being offered exclusively by Ricardo Rodriguez and Brian Kelley of Coldwell Banker Residential Brokerage. For more information or to schedule an appointment, Mr. Rodriguez may be reached at Ricardo.Rodriguez@NEMoves.com
Charlie Abrahams is a licensed real estate agent in Boston who works with buyers and sellers and can be reached for any additional information at Bostonrealestate@charlie abrahams.com.
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