Boston Homes: The Green AdvantageJanuary 19, 2013
There have been many construction projects in Boston that produce LEED certified buildings. However, the first LEED certified building to be fully and successfully leased is the new Atlantic Wharf. It’s an environmentally friendly 31-story skyscraper located in the Seaport district – a very trendy area for young professionals looking for an urban home.
A combination of residential and commercial spaces at Atlantic Wharf attracted Boston real estate consumers quickly. The apartments are tastefully appointed with open and airy spaces evoking a sense of sophistication and modernity. They were rented very fast with a waiting list. And, no, they are not inexpensive.
Why Is Boston Real Estate Going Green?
MacAllen was one of the first green buildings in Boston, followed closely by several other developments. New projects in the pipeline are either looking into environmentally sustainable construction, or are already being built as such. So, what is so appealing about the green movement from a real estate standpoint?
Well, with all the environmental propaganda and panic over global warming and sustainable resources, people generally feel responsible and safer in green buildings. Boston real estate consumers are hyper aware of brands they support, food they eat and clothes they wear – this consciousness naturally extends to their home preferences. Developers are beginning to cater to the changing market and are building more environmentally friendly Boston homes.
Developers also receive tax benefits for green construction, creating a win-win for all. It is more expensive to build a green project, but buyers are investing in long-term energy savings and conserving the environment.
Contact me to find out about your environmentally sustainable options.