• Milleium partners

Totals

Total Square Footage 5,008,500
Total Dollar Volume $2,280,000,000.00

General

Established 1990
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In America's great gateway cities, for more than two decades, Millennium Partners has created an unparalleled portfolio of core, urban, mixed-use properties. Attracting buyers with the perfect balance of location and amenities, Millennium properties immerse residents in their city's most distinctive experiences and in the process, transform entire neighborhoods.

Updates

286-290 Tremont Street
- Jul 16, 2019

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.


Winthrop Center
- May 14, 2019

Work Continues on Slurry Walls for Winthrop Center Construction continues on the slurry walls for the $1.3B Winthrop Center project in Downtown, Boston. The 53 story tower will include  500 condominium residences, with approximately 750,000 square feet of commercial office. The entire tower is designed to meet LEED Platinum standards with the office portion striving to become the world's largest Passive House office. Office tenants will also have access to a full floor of amenities including a fitness center, coffee bar, and game area. The most unique amenity, however, will be an electromagnetic-free zen room which will block cell phone service with a radiation-blocking grid built into the walls. Residential and office tenants will also have access to a proprietary app, ConnexIQ, which will allow them to access information on energy efficiency, request services, or order coffee. Construction on Winthrop Center is expected to be complete in 2022.


Winthrop Center
- Apr 04, 2019

Early Stages of Construction Continue at Winthrop Center as The Great Hall is Renamed The Connector As site and slurry wall work continues for Winthrop Center the development team has announced a shift in the plans for the common space at the bottom of the project. What was originally dubbed The Great Hall, 12,000 square feet of public space over three floors has been revamped and renamed "The Connector". The update calls for a long lobby across the base of the tower, "connecting" Federal Street and Devonshire, still open to the public and programmed with year-round events. Construction on the 691' tower is expected to be complete in 2022.


Winthrop Center
- Jan 30, 2019

Foundation Work Begins for Winthrop Center Foundation work has started for Winthrop Center, the 53-story tower coming to Boston's downtown. The massive project will feature around 500 condo residences along with 750,000 square feet of commercial space. At the base of the tower will be a Great Hall that will create a new connection between Winthrop Square and Federal Street. The Great Hall will offer retail and restaurant options along with 21,000 square feet of shared meeting space. Construction is expected to be complete in 2022.


Winthrop Center
- Nov 20, 2018

Site Work Continues for Winthrop Center After an official groundbreaking complete with fireworks was celebrated about 1 month ago site work is in full swing for Winthrop Center in downtown Boston. The $1.3 billion project will be Boston's 4th tallest building at 691 feet when complete. The top 26 floors of the tower will contain around 500 condo residences with around 750,000 square feet of office space below. At the base of the project will site three floors of public space dubbed The Great Hall to include a restaurant and retail space along with shared meeting space. There will also be 5 levels of parking underneath the tower with space for 550 cars. First occupancy at The Winthrop center is expected in early 2022.


Winthrop Center
- Oct 19, 2018

Winthrop Square Tower to Officially Break Ground Next Week After years of planning the Winthrop Square Tower, now called Winthrop Center, will finally be moving forward with a groundbreaking set for next week.  While demolition of the abandoned garage has been ongoing Millenium Partners finally gets the go-ahead to break ground as the City Council voted to appropriate the funds from the sale of the garage earlier this week. The $102 million sale of the property was finalized earlier this month. Funds from the sale will go toward funding open spaces including $23 million to The Boston Common & Franklin Park and $11 million for completion of the Emerald Necklace. The $1.35 billion tower will be Boston's 4th tallest building when complete at 691 feet and will include around 500 condominiums and around 750,000sf of office space.


Winthrop Center
- Oct 02, 2018

Millennium Partners Officially Acquires Winthrop Square Garage Site for $102 Million New York-based, Millennium Partners has officially acquired the property at 115 Federal Street in Boston, the site of the Winthrop Square Garage, for $102 million.  The property was acquired from the Boston Redevelopment Authority and is planned for an upcoming 53-story, 691-foot-tall tower that would replace a decrepit City-owned parking garage located in Winthrop Square in the heart of Downtown Boston. Across the $1.3 billion, 1.592-million-square-foot tower’s top 26 floors would be approximately 500 condominium residences, with approximately 750,000 square feet of commercial office space across 20 floors below.


Winthrop Center
- Jun 29, 2018

Site Work Underway at Winthrop SquareSite work is in full swing at Winthrop Square in Downtown Boston.  Now that the old Winthrop Garage has been removed and approval for the project received in May, work on the 53 story tower is moving forward.  This $1.3 billion project will include approximately 500 condos on the upper floors and 750,000 sf of commercial space below.The tower’s first three floors would contain a 12,000-square-foot Great Hall public space set to include restaurant, retail, and public meeting space.


Winthrop Center
- May 18, 2018

115 Winthrop Square moves forward, paving way for affordable housing and parks investments The Boston Planning & Development Agency (BPDA) Board of Directors approved a total of nine development projects representing $1.6 billion in investments at the May Board meeting.  Altogether, the projects will generate 1,171 residential units and 2,306 jobs once construction is complete.Following a comprehensive public process, the Board approved the 115 Winthrop Square project, paving the way for a $163 million payment to the City of Boston that will be invested in affordable housing and open space. Mayor Martin J. Walsh has committed funds to the Boston Common ($28 million), Franklin Park ($28 million), the Emerald Necklace ($11 million), Boston Housing Authority's Old Colony development in South Boston ($25 million) Orient Heights development in East Boston ($10 million), and $5 million for a City-held fund to benefit the Rose Kennedy Greenway. The project is expected to generate over $15 million a year in property tax revenue and make significant investments in affordable housing and workforce training programs.


286-290 Tremont Street
- Jan 21, 2018

31-story mixed-use tower proposed in Chinatown Millennium Partners, Asian Community Development Corporation (CDC), Corcoran Jennison Companies and Tufts Shared Services propose 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. The four proponents were the only respondents to a City request for proposals (RFP) to develop the parcel. 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. The proposed tower’s ground floor could contain a new Chinatown branch for the Boston Public Library. New outdoor public space would be constructed at the tower’s ground floor as well. The City of Boston is now reviewing the proponents’ proposal which, if officially selected, would require additional design review. The proponents hope to begin construction of the tower in December 2018, with completion expected in December 2020.


Winthrop Center
- Jan 04, 2018

Revamped Winthrop Square tower would start construction Q2 2018 Millennium Partners has thoroughly redesigned its’ proposed $1.3 billion Winthrop Square tower, shrinking its’ height to 53 stories and 691 feet from 775 feet as originally proposed. Under the new proposal, upper condominium residences have increased from 460 to approximately 500, and office space has increased from 635,000 square feet to approximately 750,000. The tower would also include approximately 31,000 square feet of retail and restaurant space and 21,000 square feet of public meeting space centered about the previously proposed three-story ground-floor Great Hall public space. A previously proposed 14,620 square foot startup accelerator on the tower's second floor has eliminated, though Millennium may consider a similar concept for the project’s final design. A rendering of the project’s latest design is posted above. Given the increase in condominium count, the Winthrop Square tower would generate up to $166 million in payments to the City of Boston, more than the nearly $153 million the original tower would have generated. Millennium’s deal to acquire and develop the City-owned Winthrop Square Garage, which the tower will replace, consists of a $102 million upfront payment and $100 per sold condominium square foot. Millennium will also create 115,000 square feet of new affordable housing as part of the project, most likely in Boston’s Chinatown in collaboration with the Asian Community Development Corporation. Additionally, Millennium has agreed to pay the Friends of the Public Garden $125,000 per year for 40 years following the project’s completion in order to maintain and enhance Boston Common and the Boston Public Garden. Millennium began demolishing the dilapidated Winthrop Square Garage in Fall 2017 in order to make way for the proposed tower, and aims to start construction of the tower in the second quarter of 2018 targeting initial occupancy by the first quarter of 2022. Millennium has filed plans for the revised tower with the Boston Planning & Development Agency (BPDA), who is now reviewing the proposal.


Winthrop Center
- Dec 13, 2017

Winthrop Square Garage demolition underway to make way for 700+ foot tower After standing vacant and decrepit in the heart of Downtown Boston since 2013, the Winthrop Square Garage is coming down to make way for Millennium Partners’ proposed 700+ foot tall tower. Significant portions of the garage have been demolished, allowing passersby to see directly between Winthrop Square and Federal Street. With the garage demolished, excavation of the proposed tower’s three-level underground parking garage and construction of the tower's foundation will be able to begin.Millennium will file detailed plans for the proposed tower with the City of Boston in the coming months to begin the tower’s official review process. The tower’s proposed height was recently reduced to 702 feet from 775 in light of concerns regarding flight paths to and from Logan Airport. The tower will contain luxury condominium residences on upper floors, with office space below and a 65-foot-tall ground-level public "Great Hall" lined with three levels of retail. Millennium will pay the City of Boston $153 million to acquire the Winthrop Square Garage site. The following are photographs of the Winthrop Square Garage's demolition:


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Projects

South Boston Innovation Campus
286-290 Tremont Street
The Mexican Museum
Winthrop Center
Millennium Tower and Burnham Building