Affiliates of World's 6th-Largest Communications and Marketing Firm to Anchor Millennium Tower/Burnham Bldg
Millennium Partners announced it has signed a lead tenant for the Burnham Building redevelopment at the downtown Boston site of the former Filene’s department store, a frustrating missing link in efforts to redevelop Boston's Downtown Crossing.
Arnold Worldwide and sister agency Havas Media, subsidiaries of the world’s sixth-largest communications group, will take occupancy of 125,000 square feet of office space at the Burnham Building in September 2014, according to a release by Millennium, developer of the Ritz-Carlton Hotel and Towers and other projects in Boston and around the country. The Burnham Building will be global headquarters for Arnold Worldwide.
"Downtown Crossing is buzzing with new energy, and Arnold Worldwide's commitment to bring its Worldwide Headquarters to the Burnham Building speaks volumes about the future of the neighborhood," said Mayor Thomas M. Menino. "[The] announcement marks another significant step forward in our ongoing efforts to rebuild this part of downtown."
Renovation will resume shortly at the Burnham Building, part of a $630 million redevelopment plan that will include Millennium Tower, a 625-foot building comprised of 450 luxury residences and 95,000 square feet of lower floor retail.
The Burnham Building was completed in 1912 for Filene’s, the only structure in Boston designed by Chicago architect and urban planner Daniel Burnham, who died the year it was completed. Burnham took a leading role in the master plans for Chicago, downtown Washington, D.C. and other cities.
Plans include nearly 200,000 square feet of office space on the upper floors and more than 135,000 square feet of retail on the lower portion. In addition to Arnold Worldwide’s space, 75,000 square feet remains available.
Charles O’Conner and Joseph Fallon of Cassidy Turley represented Havas Advertising/Arnold Worldwide in the lease transaction. David Fitzgerald and Timothy Lyne of CB Richard Ellis - N.E. Partners, LP represented Millennium Partners.