One Dalton Update 11/02/17

Michael Dell scoops up second Boston penthouse at 61-story One Dalton tower


Dell Technologies Chairman & CEO Michael Dell has reportedly entered a contract to acquire one of three $40 million penthouse residences atop the 61-story One Dalton tower under construction in the Back Bay, which, following Dell’s acquisition of a Millennium Tower penthouse residence last year, would make Dell the owner of penthouses at both of Boston’s, and New England’s, tallest residential towers. Per a Wall Street Journal report, Dell’s penthouse will be approximately 7,300 square feet in size across two stories, with a 570-square-foot outdoor terrace.


Listed for sale at $40 million each, One Dalton’s penthouses are expected to be Boston’s most expensive ever sold, nearly 15% higher than the $35 million, 13,000-square-foot Millennium Tower penthouse acquired by billionaire John Grayken in 2016. Sales of condominiums at One Dalton have not yet closed. Dell purchased his 4,110-square-foot Millennium Tower penthouse for $10.9 million, closing on the residence in December 2016. Dell Technologies acquired Hopkinton, MA-based EMC Corporation for $60 billion in Fall 2016.


One Dalton will be Boston’s third-tallest building at 740 feet and 61 stories tall, featuring 180 private luxury condominium residences above a 215-room Four Seasons luxury hotel. Completion of One Dalton is expected in Fall 2018. The building has reached nearly half of its’ full height and is expected to top off in early 2018. The following is a photograph of One Dalton:


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