One First Street - Condo Study

Delta Associates undertook a market study of One First Street, a planned 200,000 square foot condominium project in Cambridge, Massachusetts. Primary tasks involved included: understanding the health of the Boston/Cambridge condominium market by surveying condominium projects actively marketing or recently sold out in the Boston/Cambridge area; identify the character and quantity of potential buyers; analyze condominium sale activity and project market scale and demand over the near term, and compare this to existing and planned supply; and recommend a development program with regard to unit mix and size, unit and project features and amenities, estimated unit pricing, and estimated sell-out pace.

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