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Southie Real Estate News: Construction started at 150 Seaport Boulevard

On Monday, developer Jon Cronin – along with some local politicians – officially broke ground at 150 Seaport Boulevard. Originally home to the Whiskey Priest and Atlantic Beer Garden, the new St. Regis Residences – a 22 story residential and retail glass tower will be shaped like a “billowing sail” and will feature 114 condos,restaurant/retail space, a spacious deck and parking. The project is estimated at $260 million. See press release below:

BOSTON, October 1, 2018 –Lt. Governor Karyn Polito, Mayor Martin J. Walsh and Representative Stephen Lynch joined developer Jon Cronin today to celebrate the launch of construction on The St. Regis Residences, Boston at 150 Seaport Boulevard, a project that sets a new standard for luxury living in Boston. Team members from Elkus Manfredi Architects, John Moriarty and Joyal Capital Management participated in the celebratory events, which included the St. Regis brand’s signature champagne sabering ceremony.

Unable to attend, the governor provided a comment. “The 150 Seaport project is a great addition to Boston’s Seaport District and we are excited for its impact on the Commonwealth and City of Boston,” said Governor Charlie Baker. “We look forward to continuing our work with local partners and the private sector to create jobs and support economic development in communities across Massachusetts. 

 “Massachusetts and Greater Boston are major players and competitors in the global economy and we are proud of the many companies that call the Commonwealth home,” said Lt. Governor Karyn Polito. “We are pleased to celebrate the groundbreaking of 150 Seaport and welcome this project to Massachusetts.”

“I am excited to break ground on 150 Seaport, a unique project that aligns with our climate resiliency plan and invests in the completion of Martin’s Park, creates affordable, elderly housing in South Boston, and supports the surrounding community with public realm and pedestrian improvements,” said Mayor Walsh. “This project is also creating quality jobs, 46 new affordable housing units, open space, and more connectivity to the waterfront by completing a missing link of the Harborwalk. I thank all of the partners involved and I look forward to watching this building come to life.”

Rising directly on Boston’s waterfront, this residential-only tower will feature iconic design from Elkus Manfredi Architects that mimics the curvilinear shape of a tall ship at sail. The tower’s 114 luxury condominiums will range from one-bedroom condominiums to penthouse homes, each with extraordinary views of Boston Harbor. Owners will have access to the St. Regis brand’s renowned signature services, including concierge and butler service, and the ability to enjoy exclusive use of the tower’s private swimming pool, spa, health club, library, golf simulator and media room. A signature restaurant will provide in-residence dining to residents and cater to residents, guests and neighbors.

“Our team is extraordinarily grateful to all who have contributed to getting us to this launch point,” said Cronin. “Thank you to the elected officials, hard-working state and local agency staff, neighbors, partners and our working group for persevering and making this the best project it can be on this prime waterfront site.”

“We’re thrilled to be a part of this unique, luxury residential project with its exquisite location directly overlooking Boston Harbor,” said Tim Grisius, Global Real Estate Officer, Marriott International. “The St. Regis Residences, Boston will make an exciting addition to our growing portfolio of branded residential projects around the world.”

“The design of The St. Regis Residences, Boston is inspired by the nautical themes of the working harbor and the neighborhood’s connection to the waterfront. The building’s form evokes the bend of a wind-filled sail and the subtle curve of the bow of the great ocean liners that once moored at this location,” explains William Halter, Vice President at Elkus Manfredi Architects.  “The building’s slender profile, twisting as it rises to open up to the harbor, offers unobstructed panoramic views.   Adding to the excitement of the Seaport District, the building is dynamic from multiple viewpoints.”

Interested buyers and brokers can visit srresidencesboston.com to request additional information and register for an exclusive preview. A rendering of the tower is found here.

L to R: Steven O’Neill, Cronin Development; Representative Stephen Lynch; Mayor Martin J. Walsh; Vivienne Starlite Cronin; Jon Cronin; Lt. Gov. Karyn Polito; Tim Grisius, Marriott International; Brian Golden, BPDA; Michael Kineavy, Cronin Development; William Halter, Elkus Manfredi Architects. Photo credit to Melissa Ostrow.

The St. Regis Residences, Boston are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). 150 Seaport LLC uses the St. Regis marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made about the project.
# # #
ABOUT CRONIN DEVELOPMENT: Founded in 1995, Boston-based Cronin Development is driven by a sustained dedication to world-class design with a community-oriented outlook. With two decades of development success under the leadership of Principal Jon Cronin, the company remains entrepreneurial, disciplined, and steadfast in its mission to develop leading human experiences in residential, commercial and retail environments. For more information, visit www.cronindevelopment.com.

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About the Author

Maureen Dahill

Maureen Dahill is the editor of Caught in Southie and a lifelong resident of South Boston sometimes mistaken for a yuppie. Hockey mom, yoga enthusiast, lover of red wine and binge watching TV series. Mrs. Peter G. Follow her @MaureenCaught.

Comments

  1. Oldtimesouthie says

    144 units- 46 “affordable ” units..QUESTION:Are the 46 “affordable ” units located at 150 SEAPORT BLVD? The reason.i ask is because at 22 and 50 LIBERTY WARF their are NO affordable units.Also at the new ( under construction) PIER 4 ..no affordable units or on site!..what they do is give $$ to the city to build affordable housing in the neighborhood..Simply put, here’s some $$$now go build the “affordable ” housing in SOUTHIE,that way the “peasants ” Are kept far away from the money people who don’t want to live next to the “affordable housing people”

  2. yuppie says

    Actually you are incorrect Oldtimesouthie, there are 4 affordable homes within 50 Liberty, 22 Liberty may not have allocated any though.

  3. Oldtimesouthie says

    Ok…so between 22 and 50 LIBERTY warf.
    Their is AL LEAST 300 units ( 150 each)..hummm 4 units of affordable housing between BOTH..i rest my case!

    .

  4. Steve2222 says

    150 Seaport isn’t creating 46 affordable units as was stated by Mayor Walsh at the groundbreaking; and as has been suggested by BPDA, notably in a Board Memo; and as has been widely reported in Boston media. In fact, 150 Seaport is contributing to the development of approximately half of the 46 units often cited. The total of 46 affordable units often cited will be developed offsite by 150 Seaport in partnership with a second luxury condo building, now under construction on Pier 4 (Phase 3).

    • NewBoston says

      NewBoston writes:
      There goes Steve2222 making every negative inference, again. His dystopian view of Boston is reminiscent of his home town of Cleveland. All told, the number of affordable are closer to 98 and if the failed artist and squatter Steve Hollinger had his way, there would be none. Stop giving this carpetbagger a forum.

  5. Oldtimesouthie says

    The affordable housing will be developed “OFF SITE”..just like I said..QUESTION: why is it in SOUTHIE when they develop a project the ” affordable ” housing is ” ON SITE”..bunch of economic ” snobs” who really show their perdijuce agains the working class..that the real NIMBY..

  6. Oldtimesouthie says

    What they really do is tack on $$for each unit sold and give the $ to the city for ” OFF SITE” a.k.a. NEIGHBORHOODS . Nice way to ecomanically discriminate agains the working class and justify what your really all about ..simply put, keep the working poor,disabled, welfare mothers in SOUTHIE,not NEAR ME.

  7. Oldtimesouthie says

    See the article above..” creates affordable and elderly housing IN SOUTH BOSTON “..i thought the SEAPORT was IN SOUTH BOSTON??..hummm

  8. sunshine says

    They only seem to call it South Boston if and when something negative happens down that way…..once again politics at its finest…..anything down the waterfront is no more “affordable” than the man in the moon….unless you are one of the lucky ones that make 6 figures plus or have mommy and daddy’s trust fund set ups…We were just talking in work this morning how they use to have columns and columns of “affordable apts” for rent in South Boston growing up …. just continues to be comical….and then when it all sinks it’ll even be more interesting….

  9. Donna Brown says

    Using Inclusionary Development Payments from 150 Seaport and Pier 4, as well as other sources of financing, South Boston NDC and Caritas Communities Inc, two local non profit organizations, will be constructing 46 affordable apartments for the elderly at O’Connor way in South Boston. These units will be more deeply affordable and will have services for seniors that would not have been available in the waterfront developments.

    SBNDC strongly favors inclusion of affordable units on every site, however, we have successfully utilized off-site payments at Patriot Homes for Veterans and 206 West Broadway to create affordable housing opportunities where South Boston residents need them, and for those residents most vulnerable to displacement from our neighborhood. We look forward to continuing to work with the developers of 150 Seaport and Pier 4 to create O’Connor Way Senior Housing.

  10. The Heights says

    The Heights says,
    The affordable component of the Cronin Development at 150 Seaport is 5 O’Connor Way, in South Boston (Next to Mary Ellen McCormack) and is deeply subsidized, for seniors. So, one of our seniors, who makes twelve thousand a year, from Social Security, can live there. Current Mary Ellen McCormack residents who are “overhoused”get a preference for 5 O’Connor Way. This means that even more affordable units will open up, as a result of 5 O’Connor Way. Nothing from the Seaport has ever come close to providing units like this, at this affordability level, in the traditional South Boston Community. Beyond that, Cronin has been in South Boston for a long time, supporting things that the community counts on. There is not another person from within the Seaport that can say that. Most of them would need a map to find the Sugar Bowl.

  11. Mr. Love says

    Awesome to see a project move forward that includes iconic design, increased public access to the waterfront, and the development of more affordable housing. It is also nice for a change that representatives from both sides of the aisle work together to deliver something very positive to the community and neighborhood. I just wish some people would commit to less trolling and more loving. Peace and love…

  12. Oldtimesouthie says

    “Inclusionarly development payments”.A.K.A. not in my backyard..46 units of affordable housing 62 and over.so your telling me IF their were 46 units made avaliable at 22/50 liberty warf , pier 4 and others NOBODY would apply..GET REAL im 62 and would much rather live down the WATERFRONT ( so would others ive talked to)than next to a crime infested housing project at ANDREW SQUARE .other set aside projects in southie are ON SITE…KERP THEM IN SOUTHIE.not near me..PHONIES

    • Mr. Love says

      I am sorry that you cannot figure out a way to leave your neighborhood and move to the waterfront on someone else’s dime. However that bitterness should not dismiss the great value of providing increased affordable housing in a way that keeps seniors in their neighborhoods and communities. I (and many other people I’ve talked to) am/are thrilled by those here making a difference. THE REAL DEAL. Peace and love…

  13. Oldtimesouthie says

    Bitterness???.ypur perdijuce is showing! If you want affordable housinf stay in ANDREWS SQUARE ..ypu “affordiables” don’t belong at the WATERFRONT..which is SOUTHIE..you big PHONY..

    • Mr. Love says

      Not sure what you are talking about as I am all about peace and love. On the other hand the statement – “a crime infested housing project” – is definitely not one of peace and love. #lovethyneighbor #givepeaceachance #OctoberFreeHugsMonth