Bostons long awaited resolution to the eye-sore left in Downtown
Crossing has finally come to its successful conclusion as of
roughly a week ago. The former Filenes site that has now been
demolished officially had its plans approved to build a new
building known as the Millennium Tower and will cost developers
$615 to construct. The exact developers? None other than Millennium
Partners and it is this group of individuals who will soon be proud
to look up at their 625 foot masterpiece.
The Boston Redevelopment Authority approved the plans that along
with this building will see the historic Burnham Building on the
site completely restored and upgraded. This news of course is
something that Mayor Thomas M. Menino is completely thrilled about.
I am proud of the decisive progress being made by Millennium
Partners just eight months after announcing their lead on the
Millennium Tower and Burnham Building. This iconic development will
invigorate the heart of our city with new residents, business
owners and private investment, solidifying the promise of Downtown
Crossing. A building that will be comprised of 600 condominiums and
apartments, there will also be a great deal of office space,
218,000 square feet to be exact, as well as 231,000 square feet to
be for retail purposes.
Just months ago we blogged about how the plans were back on
temporarily, and then yet again in July we reported in a
blog about even more
headlines coming from this area of Downtown Crossing. Needless
to say that with such immense speculation as to the future of this
project, this final approval notice is something that locals will
be thrilled about knowing that there indeed is light at the end of
the tunnel.
More Information: Boston Business
Journal