Winthrop Center
Update
11/02/16
BPDA designates Millennium Partners as Winthrop Square Garage developer
At last night's board meeting, the Boston Planning & Development Agency (BPDA) officially tentatively designated Millennium Partners as the developer of the Winthrop Square Garage in the Financial District. Millennium Partners will pay the BPDA about $153 million for the Winthrop Square site, including $10 million upfront for the site, $92 million when a building permit is obtained and approximately $51 million when condominium closings commence.
Millennium Partners expects to break ground at Winthrop Square by September or October 2017, The Boston Globe reports. “We’re eager to get going,” says Millennium Partners executive Joe Larkin. The BPDA selected Millennium Partners as the Garage's developer in August 2016 from a pool of six contestants. Millennium Partners' proposal will now undergo official review for construction approval.
