(Picture above of Sportello in the first floor of FP3 Boston)

FP3 is located on Congress Street –  in the Seaport District.  This “Vibrant” area is surrounded by new and exciting restaurants and shops.  Drink and Sportello continue to be jammed and the new comer to the neighborhood;  Barbara Lynch’s new restaurant “Menton” opened in April to stellar reviews.

FP3 Boston is a fabulous condominium property that boasts high caliber finishes at an amazing value.  Each of the lovely 92 homes have their own unique style.  Some are loft style homes including brick and beam , others are new construction, and some have amazing terraces with sweeping city vies.  The homes prices start at $300,000 and go up to $2,000,000.00 and include many “Green” features.

At your doorstep there is dining, cultural activities and shopping, which makes  FP3 – 346 Congress Street – a wonderful place to call him.  This is an exciting time at Fort Point Chanel with Louis, Sams, and Mario Russo joining the neighborhood.

Let me take you on a private tour of this fantastic property.  Either call me or email me with any questions or to set up an appointment.  You will be glad you did.

Jessica Quirk – Jessica@condoDomain.com

FEATURED UNIT @ FP3 Boston

346 Congress Street, Unit 612, Boston, MA 02210 (MLS # 71069443)

(all data current as of 7/31/2010)

Price	$549,000
Beds	1
Baths	1 full bath
Home size	789 sq ft
Lot Size	n/a
Days on Market	100

FP3, offers high caliber finishes at an amazing value. Homes priced from 300K up to 2.1M. FP3 is located in the heart of the vibrant Fort Point neighborhood, steps to S Station, Finc Dist and Waterfront. Famed chef Barbara Lynch occupies the base of the building with Drink, Sportello and her soon to open signature restaurant. The property features 92 homes. Some loft style homes inc brick and beam, others are new const. with amazing terraces, curtain wall windows and sweeping city views.Live FP3

Property Type(s): Condo / All Types, Condo / ONLY Condominiums

Last Updated	7/17/2010	Tract	n/a
Year Built	2008	Community	Seaport District
Garage Spaces	n/a	County	Suffolk
Total Parking	1

Price History

Prior to Jun 8, '10	$589,000
Jun 8, '10 - Today	$549,000

Additional Details

Fireplaces	0	# Rooms	1
Parcel Number	FP3	Tax Year	00
Taxes	0.00	Year Built	2008
Zoning	0	Condominium Name	FP3
Garage Spaces	0	HOA Fee	659.00
Parking Spaces	1

Features

Amenities	Public Transportation, Shopping, Walk/Jog Trails
Appliances	Dishwasher, Disposal, Freezer, Range, Refrigerator
Assc Fee Includes	Elevator, Exterior Maintenance, Gas, Heat, Hot Water, Master Insurance, Sewer, Snow Removal, Water
Assc Pool	No
Assoc Security	Doorman
Basement	N
Beachfront	Yes
Complex Complete	Yes
Condo Association	Yes
Construction	Brick
Cooling	Heat Pump, Unit Control
Disclosure	N
Documents On File	Association Financial Statements, Certificate of Insurance, Floor Plans, Management Association Bylaws, Master Deed, Master Plan, Rules & Regs, Unit Deed
Energy Features	Insulated Windows
Entry Only	No
Exterior	Brick
Exterior Unit Features	Other (See Remarks), Patio
Flooring	Wood
Garage Parking	Detached
Heating	Heat Pump, Unit Control
Hot Water	Natural Gas
How Shown Bb	Call List Office
Lead Paint	None
LENDER_OWNED	Undisclosed
Listing Agreement	Exclusive Right to Sell
Listing Alert	No
Management	Developer Control, Professional - On Site
Parking Feature	Rented
Pets Allowed	Yes
Roof Material	Rubber
Sewer And Water	City/Town Water
SHORT_SALE_LENDER_APP_REQD	Unknown
Square Feet Source	Measured
Status	Active
Style	Mid-Rise
Sub Agency Offered	No
Type	Condo
Utility Connections	for Electric Dryer, for Gas Oven, for Gas Range, Washer Hookup
Warranty	Yes
Waterfront	Harbor, Walk to, Yes
Year Built Descrp	Actual
Year Built Source	Appraiser

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listed with Danielle Meade, ResMark LLC

(view all details for MLS # 71069443)

21 Wormwood Street- Unit 223

Boston, MA 02210

PRICE: $312,326

Condodomain has just listed a gorgeous, BRA one bedroom loft at Fort Point Place. Located in the up and coming Seaport District, this unit has all the best qualities at an incredible value. Featuring towering windows and brick and beam detailing this is the loft you have been waiting for! This home features up to date stainless steel appliances, an in-unit washer and dryer and has been fully sound proofed to ensure privacy and comfort. With over 700 square feet of living space and very low condo fees give us a call to learn more today. Please check out the stats below and be sure you meet all BRA requirements!

Stats:

1 bed, 1 bath, 781 square feet

Condo fee: $181

Condo Fee covers: Water, Sewer, Master Insurance, Exterior Maintenance, Elevator, Snow Removal, Security

INCOME REQUIREMENTS- please make sure you qualify for a BRA unit!

Household size: Annual Income Range:

One $72,000- 75,750

Two $82,250- 86,600

*personal assets cannot total more than $100,000 in value!

Please contact Jessica Quirk- 339.227.0058, Jessica@condodomain.com

Or Lauren Lanzillo- 339.223.2827, Lauren@condodomain.com

Sponsored Link:  Andover MLS

BostInnovation.com

The article focused on a central issue that faces the city’s plan to develop and draw business towards the Innovation District, an issue that was brought up in last Monday’s meeting, the need to create a “sense of place” in the new district so that new businesses and startups will be more attracted to the area.

Mitch Weiss, Mayor Menino’s Chief of Staff, noted four key target areas in creating a “sense of place” in the Innovation District: proximity, industry overlap, green and eco-friendly initiatives, and sustained progression. However, one big question remained: when? When can we expect to see the new district take shape?

And the answer from Weiss: 10-12 years.

BostInnovation’s Ali Powell, the article’s author, took the stance that the suggested timeframe is too long. Both Powell and Weiss seem to agree that the relocation of established businesses in and around the new seaside district is key, but Powell thinks that things need to be accelerated. “Developers need to start by creating properties that are valuable and interesting to startups — ones that make sense for the way they do business now and in the future,” Powell writes, “Co-working spaces, incubators, large anchor companies and housing facilities will all help to put Boston’s Innovation District on the global startup map.”

Powell closed her article with a question, “What do you think the Innovation District needs to do to create value and witness sustained economic growth?” and the comments came pouring in:

cgarb (Chase Garbarino) was the first to comment. He also happens to be the site’s founder.

“I have spoken at length with a number of people in the Mayor’s office who are working on supporting this initiative and they have got some pretty big things in the works. While I agree with the entrepreneurs in attendance at the event that 10-12 years is too long for a startup to get revved up, I believe the 10-12 year time frame for the Inno District is the goal for bringing the whole vision to life, which will be no small task and is a rather ambitious date.

We are already seeing companies slowly gravitate towards the ID which is a start, but in order to foster a more robust community, the city also needs to work with groups to provide housing, a supermarket, restaurants and many other things that aren’t immediately apparent to those just focused on building companies.

I would love to know what others in the community think we need most to continue to build on the ID initiative’s early progress and thanks again Ali for the piece.”  Spons. link Luxury Andover Homes

To which Jason Evanich replied,

“Actually, there weren’t a whole lot of entrepreneurs in the audience; it was a lot more general “young professionals.” This is potentially a good thing as not everyone starts a company right out of school, but in development projects like this could motivate them down the line to get engaged.

I applaud the Mayor’s office for engaging the young community to increase visibility, but I’ll be much more interested in seeing how the actions pan out. MassChallenge being there is a great start, but as you rightly mentioned…to fully build it out, things like Restaurants and Supermarkets are needed to create a complete ecosystem. Kendall Square is similarly working on just those challenges now.

One of the greatest challenges I think they face is the inherent change in behavior needed; MIT students are already in Kendall Square, Harvard Students at Harvard Square and Kendall Square is half way between. That all naturally feeds into the innovation sector in Cambridge. Developing an entirely new ecosystem without any natural partners will be a challenge. Hopefully they can work to engage some of the great schools in Boston like Northeastern, BU, Wentworth, etc that may have the next gen of great entrepreneurs interested in the Seaport/waterfront.”

A few comments down the line, cheryllmorris commented,

“I really enjoyed reading this piece since I couldn’t make the event, until I read the “10-12 years” bit. There is so much momentum behind and with startups in Boston right now, and so many aspiring entrepreneurs out of school that just need a little step stool to get off the ground running.

With the right rents, we could easily fill a couple floors of a building down there. We did it organically, by ourselves, at Hangout in Downtown Crossing. After just a few months we now have: Pinyadda, getZazu, BostInnovation, The Second Glass, Nanigans, Peekaboo Mobile, and people coming in all the time interested in the space. We didn’t have help, resources or funding: this was pure play, entrepreneurs helping other entrepreneurs. Imagine what could be done WITH resources?”

To which Alex Mathews replied,

“Cheryl, great to hear that you’re filling out the DC space, definitely another area that needs a leg-up. Where are you located exactly? I’d love to stop by some time. I also agree that what the “Innovation District” needs is a few loud voices to get the ball rolling. City brass will only do so much on their own. But with a strong following and commitments to relocate, it would be easier for the city/state to justify providing capital and resources towards the project.

Also, from what I understand, the move for startups (both office space and housing) would be cost prohibitive right now. Please correct me if off on that assumption. As such, the $25K offered to move to fan pier is more of a subsidy than a grant/reward. Can anyone weigh in on this? What’s the working space currently like down in the ID and what are the current obstacles/barriers?”

Anybody else want to get in on the conversation? Almost all of the comments I have quoted are from Garbarino, the site’s founder, friends of Garbarino, or startupers themselves, so don’t be intimidated by their expertise. Feel free to start a new conversation below, or further the discussion at BostInnovation.com!

Boston Properties Earns 13th Spot in the Globe 100 –

The “Innovation District” - “Boston mayor Thomas M. Menino told a business breakfast audience this morning that the city intends to develop 1,000 acres on the South Boston waterfront and the Marine Industrial Park into an “Innovation District,” reported Globe staff writer D.C. Dennison yesterday morning. The new “Innovation District” will provide some incentive for innovation, as Menino went on to describe that venture capital firm Spencer Trask & Co. will be holding a startup competition that will award the winner $25,000 to establish a business in the new district. This was all revealed during Menino’s keynote speech at the annual Globe 100 conference, which will earn another mention in my second headline, at the Boston Convention & Exhibition Center. “In addition,” reports Dennison, “Menino said that Spencer Trask would make ‘a standing $25,000 award’ the following year to an Innovation District business to help it grow.” Menino was part of a panel discussion on the future of Boston business where he further pushed the “Innovation District,” discussed certain parcels of it that will soon be available for proposals, and announced that he will be leading a tour of the new district for university and hospital presidents and their real estate staffs this summer.

Proposed Senior Housing for Gays Could Be Doomed - Stonewall Miner, a collaboration between Boston-based Abbott Development and Stonewall Communities, a nonprofit organization whose mission is to build senior housing for gays and lesbians, is having some serious problems breaking ground on their senior community for gays and lesbians. Stonewall Miner purchased 23-25 Miner St. in 2006 for $3.2 million and, in 2007, earned approval from the Boston Redevelopment Authority for the $20 million Stonewall at Audobon Circle project, a one and two-bedroom senior condo-community for gays over 55. Now, however, “Stonewall Miner LLC faces a foreclosure auction on June 11 on two properties in the Fenway where the 53-unit development was planned,” reports the Boston Herald’s Thomas Grillo, “according to a legal notice.” And this wasn’t even the first setback for the seemingly doomed project. In late 2009, The Boston Herald reported that Stonewall Miner LLC was named to the city’s Top 10 list of tax delinquents for failure to pay $68,900 in real estate taxes on the property, which is located near Kenmore Square. Sounds like this development is going nowhere, fast.

Named after a small French village on the boarder of Italy, this restaurant will be known for its elegant menu that draws on French and Italian influence. Menton will offer two menus, a four course prix fixe for $45 dollars and a seven course chef’s tasting for $145 dollars. Its menu’s will change often and will be very seasonal. Additionally, Menton will house a fantastic selection of wines.

Its modern and sleek atmosphere will be sure to blend perfectly with its urban and upcoming Fort Point surroundings. Located at 354Congress Street , Menton will be just a short walk away from luxury Boston condo developments FP3 and The Channel Center.

Check out the Fort Point District and Barbara Lynch’s latest, Menton. Just make sure to make a reservation first! Give me a call at 339.223.2827if you would like to learn more about the Fort Point District and the luxury condo developments housed there.

Hot New Fort Point Channel Condos on MLS below:

Showing properties 1 - 10 of 36. See more Seaport District community real estate.
(all data current as of 7/31/2010)

1. $344,500 : 9 W Broadway, Unit 219, Boston
   
   1 beds, 1 full bath

   List agent: Dominique Lange

   Listed with GKR Residential
2. $689,000 : 15 Sleeper St, Unit 402, Boston
   
   1 beds, 1 full bath

   List agent: Charles Joseph

   Listed with Gibson Sotheby's International Realty
3. $849,000 : 9 West Broadway, Unit 611, Boston
   
   2 beds, 2 full, 1 part baths

   List agent: Jeffrey B. DuBard

   Listed with Beckman & Byrne Real Estate
4. $429,000 : 9 W Broadway, Unit 408, Boston
   
   1 beds, 1 full bath

   List agent: Amy Fairchild

   Listed with Paragon Properties, Inc.
5. $299,000 : 346 Congress Street, Unit 406, Boston
   
   0 beds, 1 full bath

   List agent: Danielle Meade

   Listed with ResMark LLC
6. $479,000 : 141 Dorchester Avenue, Unit 905, Boston
   
   1 beds, 1 full bath

   List agent: Jennifer Athas

   Listed with Campion & Company Fine Homes Real Estate
7. $449,900 : 150 Dorchester Avenue, Unit 102, Boston
   
   1 beds, 1 full bath

   List agent: Dominique Lange

   Listed with GKR Residential
8. $424,000 : 9 W Broadway, Unit 321, Boston
   
   1 beds, 1 full bath

   List agent: Post Shirley Team

   Listed with Meridian Realty Group LLC
9. $595,000 : 125 B St, Unit 4D, Boston
   
   1 beds, 2 full baths

   List agent: David Whitman

   Listed with Coldwell Banker Residential Brokerage - Boston - Newbury St.
10. $699,000 : 346 Congress Street, Unit 603, Boston
    
    1 beds, 2 full baths

    List agent: Danielle Meade

    Listed with ResMark LLC

Listing information deemed reliable but not guaranteed. Read full disclaimer.

The unit has loads of closet space, one full bathroom, a dish washer, as well as a washer / dryer in the basement. The building is equipped with a full-time concierge, an elevator and a common roof deck with amazing views of the city.

The unit is available immediately for $2050/month. The rent includes heat, hot water, gas, water, sewer, and snow removal. In addition, garage parking is available at a discounted rate.

See More on FP3

Picture above is of the model unit at FP3