HOUSINGNEWS REPORT
of narrow streets and small houses jammed together on a peninsula jutting into Boston Harbor and splendidly isolated from downtown by the Fort Point Channel. South Boston is the old stomping grounds of Southie legendary gangster James “Whitey” Bulger, the notorious godfather of the Irish Mob who murdered, conned and terrorized his way through Boston’s underworld in the 1970s and 1980s, until he was sentenced to life in prison in 2013. But today Southie has been gentrified and transformed by a wave of young, white- collar professionals who are drawn by the area’s abundant walk-to-work apartments, yuppie-friendly restaurants, emerging nightlife and easy access to downtown, according real estate developer Adam Burns, broker/owner of Burns Realty & Investments in South Boston. residential buildings in Southie, including a four-story, eight-unit apartment complex at 543 Dorchester Avenue. “In addition to the new developments we’re building, I have $10 million under contract right now. A lot of 30-something young professionals without children are moving into the area. It’s very, very busy right now.” In Southie, Burns said, the waterfront area is growing at a breakneck pace, and demand for both rental units and condos outpace supply. Over all, the Boston Redevelopment Authority has approved 52 new building projects in South Boston and another 36 projects in the South Boston waterfront area. “For the time being, demand is outpacing “South Boston has been wholly gentrified,” said Burns, who is developing seven
543 Dorchester Avenue, Boston, MA South Boston real estate developer and broker Adam Burns of Burns Realty & Investments is building this this 8-unit residential luxury housing complex at 543-549 Dorchester Avenue in Southie. A one bedroom unit next door to the red line T at Andrew Square rents for $2,400 a month.
In addition to the new developments we’re building, I have $10 million under contract right now.” “
Adam Burns | Broker/Owner of Burns Realty & Investments Boston, MA
Zero net energy buildings are gaining popularity in Massachusetts, according to Green Building News . A survey by the Net Zero Energy Coalition — a group representing some 180 builders, product manufacturers and other industries — found that California far outstripped all other states in the number of net zero energy residential units and buildings, with Massachusetts and Connecticut coming in at second and third, respectively. California led all states with 1,538 of the total of 3,339 U.S. net zero buildings there, with Massachusetts second (219) and Connecticut third (212).
The Mission Hill neighborhood is a walkable community near the Longwood Medical Center as well as many colleges and universities, including Northeastern University. South Boston — Southie Chic While downtown and the Back Bay may have all the new trophy towers, the epicenter of the city’s development boom is South Boston, experts claim. South Boston — or Southie, as it’s known locally — was once a largely gritty Irish, Catholic and working-class neighborhood
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