Sales at the 15-story, 157-unit Lovejoy Wharf building between the Zakim and Charlestown bridges are underway now. Prices range from $750,000 to north of $3,000,000; and the sizes of the units range from studios to 3-BRs.
The project is a long time coming—planning for it began during the last decade and the development almost succumbed to a lawsuit from nearby property owners as well as to a once-faltering condo market.
The building, which Robert A.M. Stern Architects designed and which Related Beal is developing, features all the usual bells and whistles, including a 24-hour concierge as well as a fitness center and a resident lounge. There is also a rooftop terrace on the 12th floor (rendered below).
What Lovejoy Wharf will not have is on-site parking for condo owners. After much hullabaloo, the city signed off on the project with no parking included, a break with longstanding Boston policy for such projects.
The move, finalized in December 2013, made Lovejoy Wharf the first larger condo project in downtown Boston without on-site parking for owners.
However! Through a transferable parking license agreement, residents are guaranteed a space in perpetuity directly across the street at Related Beal’s Beverly complex. Lovejoy Wharf also offers 24-hour, valet service to park cars in reserved spaces.
Move-ins are expected to start this summer. Barbara Cusack has been named sales director for Lovejoy Wharf (she also handled deals for the Clarendon, another Boston condo that Stern designed and that Related Beal developed).
Stay tuned for closings.