0 Construction to begin on Filene’s tower and New Balance HQ

Rendering of the proposed New Balance HQ in Downtown Crossing Boston

Credit: Boston Business Journal

Downtown Crossing is set to host the groundbreaking ceremony for the Filene’s Tower. This area of the Financial District has seen a large influx of Class B tenants over the 1st of ’13 that has driven pricing up to the low $30’s PSF within that segment.

“Plans for the $615 million Millennium Tower and adjacent Burnham building, the original Filene’s store, include 600 condominiums and apartments, up to 218,000 square feet of office space and 231,000 square feet of retail,” a Boston Business Journal report states.

The full BBJ article is available on its website: Construction set for Filene’s in Downtown Crossing.

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