Millennium Partners Boston, a local arm of developer Millennium Partners, has secured a $775 million construction loan from real estate investment and finance firm Cale Street Investments for Winthrop Center, the 691-foot, $1.30 billion development coming to the heart of Boston.
Winthrop Center will deliver 812,000 square feet of class A office space, 572,000 square feet of residential space, including 321 luxury residences, and Boston’s next great public space upon completion.
“Securing the construction loan from Cale Street Investments — an unprecedented investment given the global pandemic — assures that Winthrop Center will remain on schedule for completion in 2022, when it will introduce a new model for office environments and surpass current best-in-class standards,” said Christopher Jeffries, founder of Millennium Partners. “From its inception, human-centric design, sustainability and flexible workspaces have formed the foundation of Winthrop Center,
