The Walsh administration announced that Boston approved a record $1.65 billion in housing construction during the first six months of 2015, nearly half of it for non-luxury units (though that depends on how you define non-luxury housing). All totaled, 2,461 apartments, condos and houses of varying sizes got the city's go-ahead from January through June.
South Boston, the Seaport District and East Boston accounted for some 1,289 of these new units, per Dan Adams at The Globe. That represents more than 52 percent of the grand total and should not come as a surprise given the pace of construction in all three neighborhoods (really two, if you count the Seaport as part of Southie). Besides, priced-out Back Bay buyers have to go somewhere.
· More Permits Issued for Non-Luxury Housing in Boston [Globe]
· Mapping the New Development in Busy, Busy East Boston [Curbed Boston]
· On Southie Becoming South Boston [Curbed Boston]
· Here's Where Hub Buyers Migrate When Condo Prices Rise [Curbed Boston]