256 new magnificent residences are now available at Millennium
Place in a 15 story tower in downtown Boston. It is expected to be
a great success due to being the first condominium project to break
ground since the economic recession. At a price point ranging from
$550,000 for one-bedrooms facing a courtyard to $3.5 Million for
penthouses with rooftop terraces, Millennium Place truly has all
the feelings of luxurious living.
Although this development is roughly a year away from completion
it surely will be worth the wait. It will entail a 24 hour
concierge and valet parking, a screening room, large fitness center
run by Sports Club/LA and a residents only dining room. What more
do you really need for luxury city living? The developers,
Millennium Partners, also built the outstanding Ritz Carlton
condominium towers on Avery Street in 2001 and rumor has it they
are even going to make an immense upgrade in amenities and services
at this new site. This same team also is responsible for the
$615 Million development
at the former Filene’s site. It is here at this location in
Downtown Crossing
where we will see a new 625 foot masterpiece of a building be
comprised of 600 condominiums and apartments, 218,000 square feet
of office space, as well as 231,000 square feet to be for retail
purposes. Ultimately, Millennium Partners are no stranger to
projects no matter the scale.
According to the local real estate service link, there are
currently close to 680 luxury condos available across the Midtown market. This
is down quite sharply from a year ago, it must be known. However,
hopes are nonetheless high and it looks as if Millennium Partners
will undoubtedly exceed all expectations. One source has even noted
that this is going to be the most efficiently and professionally
run residential building in Boston. We at Gibson Sothebys
International Realty are anxious to see the final outcome of this
unparalleled project and know that the anticipation and demand to
reside in this development will only grow in the very near future
as the grand opening nears.
Look to the link below for a short clip showing what the final
stage of the project will look like: Millennium Place
More Information: Bloomberg
Businessweek