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Boston luxury real estate as it happens

Archive for the ‘Boston Condo Rumors’ Category

Millennium Partners Invests over $1 Billion into Downtown Crossing with Millennium Tower and Millennium Place

Tuesday, October 15th, 2013

By Lauren Harvey of Boston University

Millennium Tower

Millennium Tower Condos Boston

Millennium Tower Rendering

426 Washington Street in Downtown Crossing will be the home of the Millennium Tower, Millennium Partners newest and possibly most striking addition to the Boston Real Estate Market. The same developer that brought us the Ritz-Carlton Condos, One Charles, Millennium Place, and now Millennium Tower is working with Handel Architects and Mayor Tom Menino to restore Downtown Crossing back to the prosperous area it once was. With the restoration of the Burnham Building, future home of Arnold International, the area will soon thrive with fresh new life while still holding the integrity of its history.

Residential Details

Millennium Tower Boston will be the tallest residential building as well as 4th tallest building in the city, standing 625 feet high with a total of 60 stories. The 1.1 million square feet of space will hold around 500 luxury condos and the lower floors, along with the adjacent Burnham Building, will hold well distinguished retail and unrivaled office space. The units, both rental and condominium, will range from 1 to 4 bedrooms with prices starting at $750,000. Due to the prime location and height of the building, the unit’s views of Boston will be first of its kind seen by any residence in the city. Since the project is still in its early stages (having broke ground on Sept. 17th) many details are not yet known or confirmed. We will be actively posting as new information is released.

The Burnham Building

Better known as the old Filene’s Basement, the Burnham Building will be in the center of the Downtown Crossing restoration. The building was designed by Daniel Hudson Burnham, the same architect who designed NYC’s Penn Station and Washington D.C.’s Union Station. The building will be restored back to its former grandeur by Millennium, containing 185,000 square feet of office space and 100,000 square feet of retail space with 550 parking spots below. Roche Brother’s grocery store and Arnold Worldwide advertising company have already claimed part of the available space.

The Downtown Crossing Movement

The development of Millennium Place, Millennium Towers, and the restoration of the Burnham Building have attracted new, exciting, luxury businesses  to the area that cater to its new residents. Here are some of the businesses reported to be joining Downtown Crossing along with Roche Bros. and Arnold Worldwide…

Legal Sea Foods(Legal Crossing) - Legal is in talks with Millennium Place to open there with a new restaurant concept. Restaurant will provide room service to Millennium Place Residents.

The Painted Burro- Joe Cassinelli, owner of the Painted Burro and Posto in Somerville, has confirmed that he will be opening another Painted Burro restaurant on Temple place where Windsor Button stands now. The new restaurant will have all the great Mexican qualities as the one in Somerville, just much larger.

Sweet Tooth- This local bakery from Southie has created quite the buzz, being featured on Phantom Gourmet and recognized in numerous magazines. This is full service bakery has countless desserts at the ready, catering, and costume cakes to order. The bakery will be opening a second location in the Corner Mall.

Strada 45- Talk has been going around that a new restaurant, Strada 45, will be filling the vacant space at 45 Providence Street. This will be a 3-story bar/ lounge and wood fired pizza restaurant.

Along side new restaurants and stores, the streets and sidewalk areas will be redone to brighten and enrich the physical appearance of Downtown Crossing. The millions of private and public investment dollars are the efforts to create all the components of a 24-hour, full functioning neighborhood. As the Millennium Tower and the area develop we’ll be posting pictures, updates, reviews and more.

Millennium Place Condos Setting Records – 51% UAG

Wednesday, March 6th, 2013

Located in Boston’s quickly growing Midtown Area, Millennium Place Condos, after 4 short months of marketing have hit over 50% UAG/Sold.  That is 130 units of the 256 available.  For the developer of One Charles and The Ritz Carlton in Boston, MA, Millennium Partners, this is just the first step in their efforts to redevelop the Midtown Area.  The wild success of Millennium Place has allowed the developer to move forward with their plans to build one of the most exciting residential towers ever to be built in Boston, Millennium Tower(Old Filenes Basement site).  The scheduled ground breaking will be as soon as this Summer, 2013. Over the next  3 years Millennium Partners will be putting over $1 billion into the neighborhood.

Love Joy Wharf Gets Approval – Converse, Restaurant, Condos/Apartments

Wednesday, January 9th, 2013

The development of Love Joy Wharf , located at 160 North Washington in Boston, MA has long been in the works but as of last week, the city of Boston will grant funds to aid in the improvement project. Love Joy Wharf is situated at the north point of the Bullfinch Triangle next to the TD Garden.  The new development will house the new World Headquarters to Converse shoes which will encompass 187,000 square feet of space, 45,000 for retail space and, 300 person restaurant, floating docks and 100 residential condos.

The Clarendon Boston Going All Rental Rumor is COMPLETELY UNTRUE

Wednesday, September 30th, 2009
Clarendon Living Room

Clarendon Living Room

At Luxury Residential Group, we think it is essential that our clients are in the know when it comes to rumors regarding luxury buildings they may be thinking about purchasing in.  The latest rumor was involving The Clarendon, a new luxury high rise condo development in the heart of the Back Bay and steps to The South End in Boston. It was rumored that the property was going to be sold and made into an all rental project.  Through our sources, we have confirmed that this rumor is unequivically UNTRUE.  Construction and closings are moving along as scheduled (First quarter 2010) and buyers should have confidence moving forward. Should anything change, which we do not anticipate happening, our readers will be the first to know.

Featured Listing
856 East Broadway #3, Boston, MA South Boston Boston, $3,500
856 East Broadway #3, Boston, MA
South Boston Boston, $3,500
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