Millennium Partners, the developer behind Boston’s soaring Millennium Tower, is currently in talks with state and local officials in what may be their most innovative project yet. The firm seeks to ease the commute throughout the burgeoning Seaport neighborhood by constructing a gondola system that would transport as many as 15,000 people a day between South Station and the Seaport District. Though it sounds like a whimsical proposal, Millennium has already expressed their willingness to contribute up to $100 million to get the project off the ground.
2015 was a game-changing year in Boston real estate. We saw the continued development of Downtown and the Seaport, while neighborhoods like Somerville and Dorchester saw their prices reach new levels. One thing is for sure, Boston is hotter than ever and that trend is expected to continue throughout 2016. If you’re a home-owner curious about the value of your home or someone looking to make a move to the city, our 2015 Boston Real Estate Annual Market Report will be a valuable resource to you. Broken down by neighborhood, this report will paint a vivid picture of the city’s current market conditions.
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