According to Curbed Boston, Downtown Crossing / Midtown was one of Boston's top four neighborhoods in 2016 along with Assembly Row ranking number 1, Upper Dorchester, and Davis Square. While each neighborhood varies in features, location, and property value, Downtown Crossing's average residential price per square foot increased more than any other Boston neighborhood at 36% from 2015 primarily due to the Millennium Tower ($985 to $1,347), which has become an apex in the market and in the cityscape. To put that into perspective, Curbed listed Fenway as having the second highest increase at 12.2%. Not listed in the Curbed neighborhoods are Dorchester and East Boston. Each neighborhood's price per square foot delta from 2015 to 2016 has risen dramatically compared to past years.
While 2017 brings 50 Liberty to Seaport which may bring the waterfront neighborhood to the top for residential price per square foot, Midtown has evolved and is continuing to develop and will maintain price per square foot buoyancy with retail and restaurants such as Yvonnes, Boston Chops, RUKA, Caffe Nero, Roche Brothers, Gordon's Liquors, innovative companies such as Bolt, emerging artists such as Duncan and Mike Mischo, and organizations such as Boston's Business Improvement District, a non profit dedicated to transforming the neighborhood through programs and supplemental services.
