What's Being Built In Downtown
Capital investment of more than $3.9 billion in the past decade-plus -- for residential units, restaurants, theater restorations, college facilities, and lecture halls -- has created a 24/7 neighborhood here in downtown. New mixed-used projects valued at over $1 billion are planned or currently underway for Downtown Boston.
For a complete inventory of major developments in the area since 2000, visit here.
Congress Square: Related Beal's Congress Square project is currently redeveloping 40 Water St. and the abutting properties (54 Devonshire St., 13-19 Congress St.) into a 458,300 sq.-ft. mixed-used property including hotel, multi-family residential, and retail components. The hotel, at 54 Devonshire St. (shown below), will be a 85,700 sq.-ft., 165-room Hyatt Centric. The Congress Square redevelopment launched in March 2016 and is slated to complete in phases in late 2018.
399 Washington Street: L3 Capital acquired this property in June 2017. It plans to do a complete renovation (renderings below) of the historic 6-story, 77,000 sq.-ft. building, which was built in 1881. The renovation launched in late 2017 and is slated to complete sometime in 2019.
1 Milk Street: a complete renovation of the historic 6-story, 42,000 sq.-ft. Transcript building, which was built in 1873. The renovation will include a new lobby, curtainwall, elevator system, metal-and-glass storefront, entry canopy, and doors. Construction began in October 2017 and is slated to complete in August 2018.
80 Boylston Street: Emerson College's renovation of the Little Building began in June 2017 and is set to complete in summer 2019 in time for the fall 2019 semester. The project includes interior renovations on floors 2-12, the construction of a new 13th floor, located behind the roofline's parapet, and 294 new student dormitory beds.
48 Boylston Street: This property, formerly the Boston Young Men's Christian Union (BYMCU), is being renovated by St. Francis House (located across the street at 39 Boylston Street) for conversion into a 46-unit affordable housing complex. The finished project will include 36 studio units, 10 1-bedroom units, approximately 4,000 ft. of retail space, and 9,000 ft. of office/administrative space.
115 Winthrop Square: Millennium Partners was selected by the City of Boston in August 2016 (among six competing development submissions) to develop this site, which was formerly a City-owned parking garage.
Current plans (renderings shown above) call for a 50-story, 1.592 million sq.-ft., mixed-use tower including 500 residential units occupying 715,000 sq.-ft. over 26 floors, 750,000 sq.-ft. of commercial space occupying 20 floors, a 550-space parking garage, a 12,000 sq.-ft. Great Hall, and additional restaurant/retail amenities.
The project submitted its Draft Project Impact Report (DPIR) in January 2018 to the BPDA and Mass. Exec. Office of Energy & Environmental Affairs and is currently under review. Separately, Millennium Partners obtained a demolition permit to demolish the City-owned parking garage that had occupied this site; that demolition work is slated to finish in June 2018.
Recent Downtown Developments:
Exchange at 100 Federal Street: Completed in March 2018, this 18,000 sq.-ft. steel-and-glass pavilion, occupying the Congress Street plaza of 100 Federal Street, includes 8,500 sq.-ft. of retail space and 9,000 sq.-ft. of open "winter garden" space.
The Conrad (6 Hamilton Pl.): This renovation of the upper levels of 17-33 Winter St. converted former office space into a 27-unit, 29,000-sq.-ft. apartment complex. The Conrad includes nine 2-bedroom units, six 3-bedroom units, and twelve 4-bedroom units.
Godfrey Hotel (505 Washington St.): This $83 million redevelopment projected converted the 59 Temple Place office tower into a new 242-room boutique hotel that opened in January 2016. Street-level amenities include a George Howell Coffee Shop and RUKA restaurant, which is set to open in late 2016.
Millennium Tower (1 Franklin St.): This landmark $495 million redevelopment project at the site of the former Filene's opened for residents in July 2016. The 625-foot, 60-story, 1.2 million-sq.-ft., 442-unit condominium tower includes 95,000-square-feet of street-level retail, split between a PABU sushi restaurant and an Old Navy.
AVA Theater District (45 Stuart St.): The $125 million AVA Theater District opened for residents in spring 2015. This 29-story, 384,000-square-foot, 404-unit residential tower includes 40 on-site affordable housing units.
Burnham Building (10 Summer St.): This historic $120 million restoration project--coupled with the Millennium Tower development--includes eight stories and 285,000-square-feet of mixed-use office/retail. Opened for office tenants in September 2014. A 25,000-sq.-ft. flagship Roche Bros. supermarket opened in spring 2015. Primark, a 112,000-sq.-ft. department store, opened in September 2015.
Liberty Tree Lofts (630 Washington St.): This 5-story, 52,000-sq.-ft. building, formerly occupied by the Registry of Motor Vehicles, was converted into 37 apartment units via a $14.2 million renovation. Located adjacent to the Liberty Tree Plaza, the Liberty Tree Lofts is named for its proximity to the site of the legendary 1765 Stamp Act riots which started Boston on the road to the American Revolution and independence.
44 Winter Street: This $3 million residential conversion of an office building into a 14-unit apartment building, consisting of eight 4-bedroom, three 3-bedroom, and three 1-bedroom units, opened in July.
Radian (120 Kingston St.): The $130 million Radian opened for residents in May 2014. The 26-story, 229,000-sq.-ft., 240-unit apartment tower includes Townsman restaurant at the base.
Fox Residences (407 Washington St.): This renovation converted the upper floors of a formerly all-retail building into 14 different apartments, ranging from 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom units. Opened in spring 2014.
Winter Place Residences (1-3 Winter Pl.): This $6 million renovation of the upper stories of the former Locke-Ober restaurant (now Yvonne's) converted the floors into six condos ranging in size from 2,000 to 3,300-sq.-ft. Opened in spring 2014.
To check out a complete list of major downtown redevelopments from prior to 2014, starting in 2000, please visit here.