![]() ![]() Units will range in size from 800 square feet to around 2,600 square feet, and they are expected to sell for between $520,000 to $1.95 million. Plans call for one-, two- and three-bedroom luxury condos along with penthouse suites. ![]() The $30-to-$35-million project, which is expected to be completed by the fall of 2021, will result in an eight-story building whose condos will all feature views of the harbor the city of Boston and the ocean. Dubbed Harbor98, the complex will boast anywhere from 48 to 60 luxury condo units. Harbor 98 at 98 Lynnway – Groundbreaking for a new luxury condo development at this site occurred in the fall of last year.Other changes that are in the works for the Lynnway include: The plan also makes room for new public access to the waterfront mixed-use developments retail development and even a new hotel. Last summer, the city updated its Waterfront Master Plan, paving the way for the development of thousands of new waterfront condos and apartments. Currently, five projects are in the works and are in various stages of planning. Lynnway, the major thoroughfare that runs along the harbor in the city, will see several new developments in the years to come. The Breakwater apartment development represents just one of many major changes that are expected to occur along the Lynn waterfront. From the sounds of it, the development will compete directly with high-end apartment developments that have cropped up across the city of Boston. Construction is currently underway, and the complex is expected to be completed and ready for leasing activity by March 2022. These units will overlook the Lynn Harbor. Upon completion, the apartment development will offer 351 market-rate apartments. For this to happen, the complex will avail itself of a $1-million infrastructure grant that will be provided by the Seaport Economic Council. The redevelopment of the site at 254 Lynnway, which is expected to cost around $90 million, also requires major improvements to the seawall along the property. Plans for the development also include two courtyards a pet-washing area outdoor fire pits and a fitness center. In collaboration with the state, the city of Lynn, Dolben and HDS Architecture – the designer of the complex – Callahan, Inc.’s project calls for the construction of two buildings that will sit on top of a parking garage. Previously home to the Beacon-Bel Chevrolet dealership, the 14-acre site upon which the new apartment development will sit has been vacant for more than 35 years. ![]()
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