Real Estate News

The latest news about the residential real estate market in Boston and the surrounding areas

Downtown Crossing: Boston’s New Residential Neighborhood

The newest of Boston’s residential neighborhoods is Downtown Crossing, with new developments set to transform the area.

The latest news of Millennium Partners redeveloping the Winthrop Square Garage into a mostly residential tower is one of the main pieces that will speed up this transformation.

For years the Downtown Crossing area has been a popular shopping destination, with plenty of retail and restaurants, but very little residents.Winthrop Square

The transformation of this area into a more residential space started when Emerson College began building housing off Washington Street just a few years ago. Since then, developments have increased dramatically.

The iconic Millennium Tower has just been completed and the new development at Winthrop Square is expected to be complete by 2020. There have also been speculation about a skyscraper on Bromfield Street, however no plans are finalized for that space.

The Downtown area is always busy with a diverse mix of tourists, shoppers, residents and those working in the area. This diverse mix is only increasing with the added residential space, making for a very lively and inviting neighborhood.

Plenty of factors keep this area accessible to everyone and will prevent it from becoming solely sterile condo buildings.

The Millennium development at Winthrop Square Garage alone will bring a great hall with restaurants and retail and plenty of public space.

By the time these new developments are complete the city hopes to have a clearer picture of the future of this neighborhood, but it is clear right now that it is going to create a more residential, neighborhood feel in the heart of the city.

Contact our advisors for more information about new developments in Downtown Crossing. 

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