Millennium Partners Files ‘Notice of Project Change’ for the Hayward Place Development
Feb 03, 2011
Mayor Thomas M. Menino welcomed today's filing, "This project represents a dramatic $200 million in private investment that will be a tremendous boost for Downtown Crossing and the Theatre District. Millennium Partners was there for Boston with its Ritz-Carlton Towers and as a leader in the City's first Business Improvement District; and is with us again today helping by bring nearly 300 jobs, $2 milliion in annual tax revenue and 24-hour vitality to our city."
The City permitted Hayward Place in 2008 for a program of similar size. In order to respond to changing market conditions, it will now contain 397,000 square feet in 15 stories, and house approximately 265 units - both rental and home-ownership. The building will fill the full city block bordered by Washington Street, Avenue de Lafayette, Harrison Avenue and Hayward Place. The site is directly across the street from Millennium Partners' award-winning Ritz-Carlton Hotel and Towers.
"In spite of the still somewhat unclear economic climate, we want to start building Hayward Place early in the summer of this year. We are grateful for the opportunity to complete our work here and believe that it will become a key additional part of the City's forward looking effort for downtown," said Anthony Pangaro, Principal of Millennium Partners-Boston.
Hayward Place will be the latest development in the City's plan for the area which has recently seen the establishment of its first Business Improvement District and the restoration of three historic theatres, Suffolk University's Modern Theatre, Emerson College's Paramount Theatre, and the Boston Opera House.
Since 1997 Millennium Partners has developed over three million square feet of space in Boston, including The Ritz-Carlton Hotel and Towers, Back Bay's One Charles Condominium and the 10 St. James Avenue /75 Arlington Street office complex; and, most recently, 179 Lincoln on the Greenway, a Silver LEED and historically certified office-building in the Leather District.
Architects for Hayward Place are Handel Architects of New York, who also designed the One Charles Condominium in the Back Bay and the recent addition to the Boston Conservatory of Music on Hemenway Street in the Fenway. They were associated with CBT Architects of Boston for the Ritz-Carlton Hotel and
Millennium Partners-Boston announced today that it had filed a "Notice of Project Change" for its Hayward Place
project with the BRA. Today's announcement is an important milestone that will lead to a spring construction start of a new residential building in Downtown Crossing. The Hayward Place Project is being revised as a 15 story, 265 residential building with rental and for sale units, and 12,000 square feet of retail space. This project will enhance the Downtown Crossing Neighborhood by bringing new residents and street activity.