BOSTON–After developer Millennium Partners announced on Wednesday that Millennium Tower’s grand penthouse in Boston is under the sale and purchase agreement, the town is abuzz with the question: who is the mystery buyer? At 13,000 square feet, the property had been listed for sale for $37.5 million.
Millennium Partners, developer of award-winning projects in Downtown Boston and around the country, announced that The Grand Penthouse, the largest unit at Millennium Tower Boston, is now under agreement. The penthouse had been listed for sale for $37.5 million earlier.
In accordance with Millennium Partners confidentiality policy, neither the buyer’s name nor the purchase price will be released. However, Millennium Partners officials have confirmed the buyer’s intention to occupy the space as its family residence, Millennium Partners said in a statement.
Perched 625 feet above street level, The Grand Penthouse’s more than 13,000 square feet of living space occupy Millennium Tower’s entire 60th floor. The unit offers panoramic, 360-degree views of Boston, including unprecedented views of the Common, Public Garden, the Charles River, the State House, historic churches, and more. In addition to the expansive indoor living space, The Grand Penthouse boasts a 2,000-square-foot outdoor terrace, spectacularly showcasing sunrises and sunsets over the city.
“The Grand Penthouse at Millennium Tower Boston is a unique, world-renowned address in an exclusive, residents-only building that sets the new standard for elegance and ultra-luxury offerings in New England,” said Richard Baumert, partner at Millennium Partners. “The Grand Penthouse is unlike any other home on the market in New England, and we’re confident the new buyers will love their new home in the sky.”
Located in the heart of Downtown Boston at the site of the former Filene’s Department Store, the 60-story Millennium Tower Boston is the city’s preeminent urban luxury residential offering.
Premièring a bold new way of living — merging world-class contemporary design with unsurpassed amenities, the highest level of service and exclusive Club offerings — Millennium Tower Boston will house 442 luxury residences affording panoramic, previously unseen views. Residential move-ins are set to begin in summer 2016.
Sales have been swift at Millennium Tower Boston, with 90 percent of inventory now under contract; however, a selection of residences on upper floors, including 2-bedroom, 3-bedroom and Penthouses, many with breathtaking views of Downtown Boston and the harbor, are still available. Prices for remaining inventory start at $3.3 million.
Millennium Tower Boston represents the culmination of Millennium Partners’ two decades of residential experience. After revolutionizing five-star service for luxury residences with acclaimed hotel brands Ritz-Carlton and Four Seasons, Millennium Partners applied its core values and key learnings to the creation of residential-only buildings.
Millennium Place in Boston and Millennium Tower San Francisco have since achieved record-breaking sales and reset the bar for upscale residences in their respective cities. From an expertly trained service staff and eye-catching architecture to The Club’s one-of-a-kind amenities and signature La Vie® program, Millennium Partners has mastered the art of urban luxury living, dramatically exemplified by its newest residential-only building, Millennium Tower Boston.
Millennium Tower Boston is located at 1 Franklin Street in Boston. The sales center is located at 40 Franklin Street. Residential move-ins will commence in summer 2016. For more information, please visit www.millenniumtowerboston.com.