BOSTON--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions.
The corrected release reads:
MILLENNIUM PARTNERS ANNOUNCES MILLENNIUM TOWER BOSTON IS 70 PERCENT SOLD, REPRESENTING $650 MILLION IN SALES
Millennium Partners Achieves Nearly $1 Billion in Sales Downtown
Millennium Partners, developer of the award-winning Ritz-Carlton Hotel and Towers, Millennium Place and other acclaimed projects in Boston and across the country, is pleased to announce that its most recent project, Millennium Tower Boston, is 70 percent sold, achieving $650 million in sales in only four months. This milestone represents the sale of homes across all categories. Approximately 75 percent of sales have been to local buyers.
Equally noteworthy, counting sales at Millennium Place and Millennium Tower Boston, Millennium Partners has dominated the market with nearly $1 billion in sales Downtown over 18 months, accounting for more than 20 percent of the gross dollar value for sold or under-agreement condominiums in Boston since fall of 2013.
Opening next year, Millennium Tower Boston – conceived and designed to take its place as the city’s most luxurious residential offering – will rise 60 stories in the heart of Boston. Currently under construction Downtown at the site of the former Filene’s Department Store and the iconic Burnham Building, Millennium Tower Boston will serve as the pinnacle of urban luxury living, combining contemporary design with unsurpassed amenities, exclusive Club offerings, and 360-degree sky-high views never before seen from a private residence.
“We are thrilled with the initial sales momentum of Millennium Tower Boston and how the project has been embraced by the local community,” said Richard Baumert, partner at 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.”
Marking a dramatic renaissance of the area, the coming year will see an array of developments that will contribute to Downtown's resurgence as a lively 24/7 city center. Roche Bros. will open its flagship 25,000-square-foot supermarket in the newly restored Burnham Building this spring. Featuring high-quality prepared food and groceries, the family-owned Roche Bros. is the first large-scale grocery store to be built Downtown and will serve the growing residential neighborhood initiated by Millennium Partners.
September 2015 will see the opening of The Godfrey Hotel, a 242-room luxury boutique hotel housed in the historic Amory and Black buildings located at 505 Washington Street, within blocks of Millennium Tower Boston and the Boston Common. The neighborhood will also welcome PAUL, the French family bakery and patisserie with locations throughout Europe, which recently opened its first Boston location, and Serafina, the popular New York institution featuring authentic Northern Italian cuisine, opening its first New England outpost Downtown in fall 2015.
Designed by Blake Middleton of Handel Architects, the dramatic glass Millennium Tower Boston will comprise 442 luxury residences encompassing a mix of one-, two- and three-bedroom City Residences, Grand Residences and Penthouses that range in size from 821 to 12,846 square feet. Residences will boast superb views and outstanding design, including high-quality craftsmanship, meticulous attention to detail and the finest finishes, such as bespoke kitchens by Poggenpohl. Residences range in price from $1,150,000 to $37.5 million for a 12,846-square-foot penthouse occupying the entire 60th floor.
Millennium Tower Boston will offer unrivaled amenities and flawlessly-delivered personalized services, including 24-hour concierge, valet service, and The Club, a two-level, 23,000-square-foot owner’s lounge that includes a terrace, theater, billiard parlor, fireplace, library, function room, and exquisite culinary offerings from Mina at the Tower, the only signature dining experience available in New England by celebrity chef Michael Mina.
Owners will enjoy the ultimate private health club experience with FLX by Millennium, the next evolution of fitness, featuring an expansive indoor lap pool and dedicated to world-class mind, body and nutrition services. Millennium’s signature lifestyle program, La Vie®, will present an immersive social calendar to connect residents with curated experiences inspired by their passions for fitness, food, travel, art and culture.
Millennium Tower Boston is the product of Millennium Partners’ two decades of residential experience. After revolutionizing five-star service for luxury residences with acclaimed hotel brands Ritz-Carlton and Four Seasons, Millennium Partners applied its core values and key learnings to the creation of residential-only buildings. Millennium Place in Boston and Millennium Tower San Francisco have since achieved record-breaking sales and set the bar for upscale residences in their respective cities. From an expertly trained service staff and eye-catching architecture to The Club’s one-of-a-kind amenities and signature La Vie® program, Millennium Partners has mastered the art of urban luxury living with its newest residential-only building, Millennium Tower Boston.
Millennium Tower Boston is located at 1 Franklin Street in Boston. The sales center is located at 40 Franklin Street. Residential move-ins will commence in summer 2016. For more information, please visit www.millenniumtowerboston.com.
About Millennium Partners
Founded nearly 25 years ago, Millennium Partners is an internationally recognized residential developer of luxury mixed-use properties, responsible for dramatic showcase properties in some of the nation’s most dynamic urban locations. Millennium Partners has created an unparalleled portfolio of 28 properties that bring together luxury condominiums, state-of-the-art entertainment complexes, world-class spa and fitness facilities, Class-A office space, and five-star hotel brands, including The Ritz-Carlton Hotel Company LLC and Four Seasons Hotels and Resorts. For more information, please visit http://millenniumptrs.com/.