Suffolk breaks ground on $220 million, 15-story Millennium Place III

January 05, 2012 - Owners Developers & Managers

Rendering of Millennium Place III - Boston, MA

Suffolk Construction recently celebrated the groundbreaking of Millennium Place III, a 15-story, 390,000 s/f residential tower in the city's Downtown Crossing neighborhood. The $220 million project includes $135 million of hard construction costs and is comprised of 256 units with one, two, and three-bedroom apartments, 9,700 s/f of retail space on the ground floor, and 125 below-grade parking spaces.
When completed in fall 2013, the new building will replace an under utilized parking lot and occupy a full city block that spans Washington St., Avenue de Lafayette, Harrison Ave. Extension, and Hayward Place. Construction of the residential tower is expected to add 450 construction jobs, and will significantly contribute to the revitalization of the Downtown Crossing area.
The developer is Millennium Partners, and Handel Architects of New York is the architect. The project will be designed and built to achieve LEED Silver certification.
The residential tower will be the third and final phase of Millennium Partners' mixed-use campus in downtown. The first two phases of Millennium's development consists of the Ritz Carlton Hotel and Towers.
Suffolk is also managing construction for The Kensington project, a 27-story, 381-unit residential tower located nearby on Washington St. The construction management firm recently completed construction on the restoration and rebuilding of the neighboring Boston Opera House and Suffolk University's Modern Theatre.
Suffolk Construction is one of the most successful privately held building contractors in the country, providing preconstruction, construction management, design-build, and general contracting services to clients in the healthcare, science and technology, education, federal government, and commercial sectors. Suffolk is based in Boston, Massachusetts and has a strong national presence with main offices throughout the Northeast, Mid-Atlantic, Southeast, and West Coast. Suffolk is committed to delivering its "build smart" approach to construction management on every project. The company's project teams provide clients comprehensive planning services, innovative solutions and technologies, and proven processes, such as Building Information Modeling (BIM), to deliver the most complex building construction projects on schedule and on budget, with minimal risk. Suffolk is a community-conscious organization dedicated to environmentally friendly and sustainable business practices, and is committed to making a positive impact in its local communities through grassroots volunteer work, employee fundraising, and corporate giving.
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