Boston -- A landmark project in Boston’s Downtown Crossing has launched leasing. Millennium Partners has appointed Cushman & Wakefield as the exclusive retail leasing agent for its Millennium Tower/Burnham Building project, which is the site of the former Filene’s Department Store and consists of the landmark 1912 Burnham Building and a contemporary, mixed-use tower that will rise 625 ft. into the Boston skyline.
Retail will comprise about 182,000 sq. ft. over four levels of the proposed 1.4 million-sq.-ft. development, including 76,000 sq. ft. at Millennium Tower and 106,000 at the adjacent Burnham Building. Millennium Partners will launch construction on the $630-million project with an official groundbreaking in June 2013.
Millennium Partner’s restoration of the 1912 Burnham Building will present retail tenants with a noble façade and novel features originally envisioned by Daniel Burnham, then the most prominent retail merchandising architect in the nation. This complete restoration will include new systems and technologies constructed within the historical shell, including high ceilings, regular and sparse column spacing, and large “Chicago-type” display windows for iconic branding opportunities.
According to Millennium, the project is the only centrally located freestanding retail property in Boston to offer floor-plates spanning 55,000 sq. ft. across both buildings, and will provide large-format retailers with a rare opportunity to be located within the heart of the city.
The Millennium Tower/Burnham Building project is expected to achieve LEED Silver Certification. Tenant occupancy is currently slated for September 2014 at the Burnham Building and June 2015 at Millennium Tower.