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Millennium Tower Boston Reaches 70 Percent Capacity with $650M in Luxury Condominium Sales

by Haisten Willis

BOSTON — Millennium Partners’ 60-story project, the Millennium Tower Boston, is 70 percent sold. The luxury high-rise residential tower, which is set to open in 2016, has achieved $650 million in condominium sales. Approximately 80 percent of sales have been to local buyers.

Construction started in 2013 on the 1.1 million-square-foot project. Designed by Blake Middleton of Handel Architects, the 60-floor Millennium Tower Boston will consist of 442 residences with a mix of one-, two- and three-bedroom units ranging in size from 821 to 12,846 square feet. Units will start at $1.2 million and range in price up to $37.5 million for a 12,846-square-foot penthouse occupying the entire 60th floor.

Currently under construction at the site of the former Filene’s Department Store and the Burnham Building, Millennium Tower Boston will offer 360-degree views of Boston’s skyline.

“We are thrilled with the initial sales momentum of Millennium Tower Boston and how the project has been embraced by the local community,” says Richard Baumert of Millennium Partners. “Millennium Tower Boston promises to be a significant influence, not only in the evolution of luxury living in Boston, but also in the transformation of one of the oldest established neighborhoods in the country to a newly vibrant, energetic urban center.”

The coming year will see a number of developments that will contribute to downtown Boston’s resurgence. Roche Bros. will open a flagship 25,000-square-foot supermarket in the restored Burnham Building this spring. Featuring prepared food and groceries, Roche Bros. is the first large-scale grocery store to be built downtown and will serve the growing residential population in the area.

September 2015 will see the opening of The Godfrey Hotel, a 242-room boutique hotel housed in the historic Amory and Black buildings located at 505 Washington St.

Millennium Tower Boston will offer amenities including 24-hour concierge, valet service and a two-level, 23,000-square-foot owner’s lounge that includes a terrace, theater, billiard tables, fireplace and library.

Millennium Partners has two decades of residential experience. After working with hotel brands such as Ritz-Carlton and Four Seasons, Millennium Partners began working on residential buildings. Some of the company’s projects include Millennium Place in Boston and Millennium Tower San Francisco.

Millennium Tower Boston is located at 1 Franklin Street in Boston.

— Haisten Willis

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