One Bromfield Street Update
One Bromfield Street Site Refinanced for $31 Million
The site of the One Bromfield development project has been refinanced for $31 million. The LOI was filed in 2008, however, the project has still not gotten off the ground.
The proposed project would demolish existing buildings on the site and calls for the construction of a 683-foot tall 59-story mixed-use tower in Downtown Crossing.
The tower would contain a total of 419 residential units including 300 rental apartments and 119 condominiums. 54 residential units would be designated affordable. The 605,000 square foot tower would also contain 30,000 square feet of retail space as well as 235 underground resident parking spaces.