Archive for the 'Downtown Crossing' category

The infamous Filene's site (Photo credit: Boston.com).

A tower with retail stores, office space, and hundreds of residences is slated to grace the former Filene’s site. Millennium Partners, developers of the nearby Ritz Carlton Hotel and Towers, will team up with existing owner Vornado Realty Trust of New York, with Millennium taking a more active role. Vornado has left the site idle since summer of 2008 due to a lack of financing and subsequently revoked construction permits.

According to Philip Aarons, a founding partner at Millennium, the original Filene’s building will be renovated with construction of a 500 to 600-foot tower next door. This project will cost roughly $500 million, as opposed to the originally planned $750 million project, which included a hotel.

Construction could potentially start this time next year.

For more on this story, see the Boston Globe and the Boston Business Journal.

Located in the heart of Downtown Crossing, these dramatic lofts in the converted Edison Electric Building deliver luxury features with an industrial touch. 42 Chauncy Street is tucked away, but moments from the action on Washington Street, Financial District, the Boston Common and Chinatown. The lobby, which leads to the elevator, is discreet but modern. Each of the 23 units have taken a unique transformation, from 17"ceilings to state-of the art kitchens, floor-to-ceiling custom closets, contemporary lighting, 14 foot windows, and mezzanine style living areas and bedrooms. A Penthouse unit also boasts an outdoor roofdeck.

If downtown loft living in a striking and unique condo without the extra condo fees associated with high-rise buildings is what you're seeking, 42 Chauncy is the perfect home.

Current Unit Pricing:
$830,000 - 2226 SF, 1 bed / 2 bath
$999,000 - 2450 SF, 2 bed / 2.5 baths
$1,000,000 - 2847 SF, 4 bed / 1.5 baths (private roofdeck)

For more information and to see the lofts at 42 Chauncy, please contact Paul Santucci 617-694-0004, paul@bostonlofts.com

For detailed unit pictures and information, visit: http://bostonlofts.com/Showcase_Listings/details.aspx?ListingID=568929