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What’s Happening With Downtown Crossing

Downtown Crossing used to be a hot and happening place in Boston. It was a shopping mecca, which helped lure the commerce. Because many of the shopping venues that used to exist in the area have disappeared over time, Downtown has been fighting it’s way back into the limelight…especially since it lost the popular Filene’s Basement in 2008. (That name always intrigued me because it made me think of Feline, and I couldn’t fathom who would want a basement full of cats.)

Boston’s been a bit anxious and frustrated about the removal of  Filene’s because it caused a large abandoned vacant space just waiting for some sort of activity. Well the exciting news is that the wait is now over and a glorious glass skyscraper designed by the prestigious Millennium Partners is set to replace the previous basement-of-cats department store site downtown. The building will bring new life to the downtown area, reinvigorating the city’s scene.

Millennium is working in tandem with Vornado Realty Trust, who will be participating as a passive investor in the project. By fall of 2013, they will have constructed an additional residential complex titled the Millennium Place on the corner of Washington and Avery Streets. The building will be about 55 stories high, a mix of apartments and condos, 230,000 sq ft of retail stores, 200,000 sq ft of office spaces and 525 underground parking spaces.

Millennium Partners develops mixed use luxury properties like hotels, condos, spa/fitness facilities and office spaces, in big cities like San Francisco, New York and Boston. They  work to convert ordinary properties into an extraordinary ones.  Because of their high profile, Millennium is waiting for the Boston Redevelopment Authority to give the green light  to start construction by the end of this year.

 

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