Financial District Real Estate
The Financial District is considered part of Boston’s downtown area, located near Government Center and Chinatown. A mix of old and new, the area includes Faneuil Hall, the Custom House Tower as well as stately banks intermixed with classic pubs and sleek glass condos. The neighborhood is distinguished by addresses that are known only by name, such as Post Office Square, the Exchange Place and International Place complexes. Post Office Square houses the Norman B. Leventhal Park, a green open area, complete with a fountain and flowering garden that offers a respite to busy professionals. Some of Boston’s oldest landmarks such as the Old South Meeting House and Bell-in-Hand Tavern are all found in the Financial District. In recent years, the neighborhood has undergone a revitalization of some of its older office buildings, creating a dynamic live/work neighborhood. The 153 Milk Street Building was one of the first projects to be transformed into luxury lofts in 2013. The Winthrop Square Tower, a former garage, is destined to one of the tallest towers in Boston and will include 1.6 million square feet of residential, office, retail and dining space upon completion in 2022. Read more about Financial District real estate.
Financial District Homes & Condos For Sale
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Financial District Location
The Financial District is roughly bounded by State Street, Atlantic Avenue and Devonshire Street. The District also borders Government Center, Chinatown, and the Downtown Crossing neighborhoods. Four MBTA subway lines serve the neighborhood, including the Downtown Crossing, Park Street, Government Center, and State Stations, helping position the Financial District as the business nerve center of Downtown.
Financial District History
As part of Downtown Boston, the Financial District comprised much of the city proper before Boston’s growth exploded in the 1860s and 70s. The Great Boston Fire of 1872 destroyed much of the neighborhood, especially around Milk Street. The Freedom Trail, a brick-lined path through Boston passing by historically significant locations winds through the Financial District, including a stop at the Old South Meeting House. The 18th century structure is famous as the meeting place of more than 5,000 colonists who went on to stage the Boston Tea Party of 1773. Fanueil Hall is another Boston icon, set up as a shopping mall, eatery, and cobblestone promenade where jugglers, magicians and musicians entertain the passers-by. Peter Fanueil, Boston’s wealthiest merchant built Faneuil Hall as a gift to the city in 1742. The edifice provided a platform for some of the country’s greatest orators, including introduction of the “no taxation without representation” doctrine. George Washington famously toasted the fledgling nation there on its first birthday while more recent speakers have included Susan B. Anthony, Bill Clinton, and Ted Kennedy.