286-290 Tremont Street Update 07/16/19

LOI Filed for Millenium Partners Tremont Street Project

Millennium Partners, Asian Community Development Corporation (CDC), Corcoran Jennison Companies and Tufts Shared Services have officially filed a letter of intent to construct a 31-story, $174 million tower at 286-290 Tremont Street in Chinatown, replacing a City-owned surface parking lot.

The tower would contain 171 affordable apartment and condominium residences, a 140-room expansion of the adjacent Doubletree Hotel, a 264-space expansion of the adjacent Tufts Shared Services parking garage and 8,000 square feet of ground-floor community space.

Residences would include 45 apartments and 126 condominiums, and would represent Millennium’s affordable housing contribution for the upcoming 115 Winthrop Square tower. Corcoran Jennison owns the adjacent hotel, and Tufts owns the adjacent parking garage. Asian CDC recently completed the 21-story One Greenway mixed-income housing tower in partnership with New Boston Fund.

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