Perched high above Boston Harbor with the city skyline at dwellers’ fingertips, the Residences at the Intercontinental are a dream for home-buyers seeking a spectacular view, convenient location and luxury amenities.
But when buyers began purchasing the condos in the mid-2000s, the abutting Rose Kennedy Greenway was only a pile of dirt and machinery, the Seaport District was far from bustling and the Big Dig was just wrapping up.
“Now it looks like we were really smart, but we probably were just really stupid. We took a huge leap of faith,” says Dianne Buchey, a resident of the posh skyscraper who, along with her husband, ditched the suburbs in 2007 and bought her two-bedroom home preconstruction when the building was still a hole in the ground. “At first I looked out my window and saw big tractor trailers and port-a-johns. I’ve lived here for almost four years. Every day I come home from work, I feel like I’m on vacation.”
Many of the condos, located on floors 14 to 21 (the hotel encompasses the lower levels), have views of Boston Harbor, the greenway, city skyline or Rowes Wharf.
“It’s a very exciting place to be. You can see the area is in flux. There’s change going on and it’s very positive,” says Dinny Herron, director of sales at the Residences.
Of the 130 units, only a handful of condos aren’t sold and only a few units have hit the market for resale, according to Herron.