Real Estate News

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

One Bromfield Tower in Downtown Could Rise Above Millennium

New York-based Midwood Management Corporation proposed a 419-unit residential tower in Downtown Boston to join the Millennium Tower.

This is not the first time Midwood Management has looked into developing a tower at One Bromfield. In 2008, they proposed a similar project for this space. However, the recession halted that development. This time Midwood has sought the help of architects Adrian Smith and Gordon Gill to design the structure and is looking to add a few more levels, rivaling the height of its would-be close neighbor, the Millennium Tower.

The Boston Business Journal reported, One Bromfield tower could see 30,000 square feet of ground floor retail space, 300 rental units and 119 condominium units. The project is also proposed to include 235 parking spaces and 429 bike parking spaces.

Midwood Management is still working on the early stages of the proposal and is expected to file a draft project impact report within a week

The proposal for the new project would sit taller than the Millennium Tower located just across from One Bromfield.

High-rise buildings are cropping up all over Boston. Back Bay’s One Dalton is on pace to be the third tallest building in Boston, and the site of the Winthrop Square Garage could also see some lift. Curbed put together a list of the sky-high projects you should be watching that could change the Boston skyline by 2020.

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