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BOSTON | Millennium Tower | 685 FT | 55 FLOORS
Looks like this saga may finally have an ending...
http://www.bostonherald.com/business...&position=also
Hope builds up for Filene’s pit
Millennium buys into stalled Hub project
By Jerry Kronenberg
February 3, 2012
Quote:
Millennium Partners will take over as lead developer of a stalled project that has left a giant hole in the ground where Boston’s landmark retailer Filene’s once stood, and the city hopes construction will restart at the Downtown Crossing site within a year.
New York developer Vornado Realty Trust left a gaping pit at the corner of Washington and Franklin streets three years ago, but the company has reached an agreement to sell Millennium a 50 percent interest in what was supposed to be a $750 million redevelopment of the site, sources told the Herald.
“It’s great news,” one City Hall source said, speaking on condition of anonymity because Boston Mayor Thomas M. Menino plans to officially announce the deal this morning.
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NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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