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Copley Place Tower Given the Go-Ahead

Artist rendering, courtesy of the "Copley Place Retail Expansion and Residential Addition Project Summary"

Artist rendering of the newly-approved Copley Place Tower, courtesy of the Boston Redevelopment Authority.

The Boston Redevelopment Authority last night approved several projects with the aim of fulfilling Mayor Martin J. Walsh’s plan to greatly expand the city’s housing inventory by 2030. Among the projects approved by the BRA’s Board of Directors was a revised plan for the expansion of Copley Place, which includes a new skyscraper that will deliver 542 new residential units to the heart of the city.

The residential and retail expansion of Copley has been on the table since 2006, but the project has been held back due to various issues, most recently that overhangs from the building were encroaching into “non-approved spaces.” With last night’s approval, however, those issues have been resolved and Simon Property Group, the project’s developer, can move forward with their $500 million construction.

According to the project summary, the forthcoming Copley Place Tower will rise to heights of 569 feet and plans to “successfully meet the needs of Boston and its residents.” Simon Property Group and their development advisers have carefully studied Boston’s evolving housing market.

The developers want to ensure that their project will improve the lives of all Bostonians and not just residents of the tower. Plans call for “carefully executed design strategies” with the goal of improving the location’s overall pedestrian experience and aesthetic. Some of the expected benefits include improved public transit and a reduction in the number of commuters in single-use vehicles, as well as the creation of 1,477 construction jobs and approximately 250 permanent jobs.

The residential tower at Copley Place will follow the likes of the Millennium Tower and One Dalton as the most recent additions to Boston’s quickly transforming skyline.

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The Mega Towers of the New Boston Skyline

Boston Mega Towers

For all the buyers who have been desperate for Boston luxury condo inventory, you are about to be sent manna from heaven. Not one, but four new uber luxury residential towers will grace the Boston skyline in the next few years. Developers are taking advantage of the current Boston real estate market  and finally building luxury condos. The projects below are slated to be some of the most exclusive projects Boston has ever seen.

Millennium Tower Boston

Millennium Tower BostonThe long awaited Millennium Tower located in the bustling Downtown Crossing area of Midtown Boston will rise more than 55 stories and 625 ft into the Boston skyline. With completion scheduled for 2016, Millennium Tower residents will temporarily enjoy being part of the tallest residential tower in Boston. The renowned developer, Millennium Partners, is known for transforming neighborhoods and truly elevating urban living to an art form. Whereas many of Boston’s new mega towers will include a hotel or luxury apartment rentals within their walls, Millennium Partners will only offer the incredible lifestyle of Millennium Tower for purchase through 420 condominiums. Incredible amenities will include 24-hour concierge, garage parking, owner’s lounge, children’s playroom, fitness center and a swimming pool. With an acute understanding that residents enjoy a strong community and camaraderie with their neighbors, Millennium Towers will offer the premier La Vie® lifestyle experience. La Vie® brings residents a wealth of private events and insider excursions. The eclectic La Vie® monthly calendar reflects a shared passion for fine dining, wine, art, music and culture. Through behind-the-scenes tours, fireside chats with local and international thought leaders, wine tasting and purely social gatherings, La Vie® takes urban living to new heights.

Copley Place Tower

Copley Place Tower BostonCopley Place Tower will be built above the current Neiman Marcus store in the Copley Mall and will soar 569 feet into the Back Bay skyline. Although Simon Properties has yet to break ground, the project is well on its way through the Boston Redevelopment Authority. Plans call for 52 stories consisting of 433 luxury apartment rentals and 109 exclusive condominiums. Boarding the South End and attached to the premier Copley Mall, Copley Place Tower plans call for luxury amenities such as concierge service, garage parking, a lap pool, a contemporary Sky Lobby and sun deck.

 

 

Back Bay Tower

Back Bay Tower BostonWhen completed, Back Bay Tower will be the tallest residential building in Boston, rising 691 feet above the Christian Science Plaza. Plans call for two buildings. The smaller building will consist of 255 luxury apartments on 25 floors, and the 58 story high-rise will include 180 luxury condominiums on the upper 40 floors, and 211 hotels rooms on the lower floors. Recently the Boston Globe announced that the property will be managed by the Four Seasons Hotel and Residences, adding a whole new level of prestige to the project. Developer Carpenter & Co. plans to break ground early next year on the corner of Belvidere and Dalton Streets. Residents and hotel guests will enjoy five-star amenities and an incredible location across from the Prudential Center and Copley Mall.

 

40 Trinity Place

40 Trinity PlaceThe proposal for 40 Trinity Place in the Back Bay calls for a 33 story glass tower on the current location of the Boston Common Hotel and partially above the adjacent University Club. 40 Trinity Place will include 220 hotel rooms, 142 luxury condominiums, a conference center and two restaurants. Plans also call for a spa-like fitness center, a sky lobby on the top floor of the hotel and a 3 season roof terrace lounge. The 400 foot tall glass tower will add another ultra-luxury address to Boston’s Back Bay.