Millennium
Partners

Millennium
Partners

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Over the past three decades, in America’s great gateway cities, Millennium Partners has created an unparalleled portfolio of core, mixed-use properties that have transformed the urban luxury lifestyle. In 2023, Winthrop Center, home of the largest Passive House office building in the world, opened to worldwide fanfare as it set a new standard for global sustainability and human-centered wellness. Our philosophy?

Think
Beyond

THINKING BEYOND TRADITIONAL NEIGHBORHOOODS AND PARTNERSHIPS

Our philosophy of driving strong demand and ripple-effect growth in previously overlooked urban neighborhoods began with the now-legendary NYC neighborhoods of Battery Park and the Upper West Side. Decades later, stunning high-rise residential views, combined with vibrant new mixed-use fitness, entertainment, office, and historic landmark renovation continue to define our developments across America’s gateway cities. We were also the first developer to elevate the luxury branded residential experience to world-class levels through pioneering partnerships with Ritz-Carlton and Four Seasons. This level of thinking beyond has been creating new destination neighborhoods that are as sustainable as they are desirable for over 30 years.


THINKING BEYOND THE DEFINITION OF LUXURY AMENITIES

Today, we’ve moved beyond hospitality partnerships and created our own five-star Millennium branded properties. With each new project, our unprecedented Owners’ Clubs, FLX fitness centers, exclusive social network La Vie®, onsite pet spa Club VIP (Very Important Pets), and transformative partnerships with trailblazing chefs Michael Mina and John Fraser have created record-breaking demand.


THINKING BEYOND THE 21ST CENTURY LUXURY RESIDENTIAL EXPERIENCE

Millennium Partners has developed more than 3,200 luxury condominiums, eight five-star hotels, two extended-stay luxury hotels, 2,000,000 square feet of office space, 1,000,000 square feet of retail space, 4,150 parking spaces, five Loews Cineplex theaters and five magnificent health clubs. Today, Millennium Partners owns and operates a portfolio worth more than $5 billion.

Government, Nonprofit and Cultural Partnerships

Millennium Partners is committed to making a difference in the communities where we locate. Our work with local governments, and partnerships with nonprofit and cultural endeavors are at the heart of how we do business.

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PARTNERS

Millennium Partners really is a team of partners, each bringing unparalleled vision and experience to every project. Together, they have created one of the most esteemed and inspiring portfolios of urban mixed-use properties in the world.

Christopher M. Jeffries is an American real estate developer, owner, and philanthropist. He is the founder of Millennium Partners, a national real estate development firm. By forming and fostering strategic partnerships with international investment, financial and banking institutions and effectively working with local governments, Chris has led his firm for over 30 years in the creation of landmark mixed-use developments containing luxury condominiums, five-star hotels, office buildings, sports clubs, and retail in key gateway cities across the United States. During these three decades, Millennium Partners has continued to innovate and raise the standards of urban real estate development. The firm’s latest transformational mixed-use project is located in Boston, Massachusetts. It will contain the largest Passive House office building in the world, modeling the most energy efficient solution for large-scale buildings and leading the commercial building industry into the future.

Originally from Flint, Michigan, Chris was instrumental in the growth of Henry Ford Health System’s Precision Medicine Program for the advancement of cancer research and targeted cancer treatment. He also is a major donor to the University of Michigan Law School allowing it to modernize its facilities and aid its students.

Prior to forming Millennium Partners, Chris was a partner at General Atlantic Realty Corporation, a New York City, emerging neighborhood, residential development firm. He was also a principal of Key International, Inc., a major metal recycling and automotive equipment manufacturing business and a partner in the Southfield, Michigan law firm of Keywell & Rosenfeld.

Christopher Jeffries is married to Lisa Jeffries and has two grown children. He is a graduate of Columbia College and the University of Michigan Law School.

In 1991, Philip Aarons formed Millennium Partners with Christopher Jeffries to develop the $275 million first-phase of the major West Side development that would become Lincoln Square. The company has completed major mixed-use developments in New York, Boston, Washington DC, San Francisco and Miami at a cost in excess of $4 billion.

Mr. Aarons began his career as an associate at a major New York City law firm where he concentrated in real estate transactions and finance. In early 1978, he joined the Administration of Edward I. Koch as Assistant to the Mayor.

In mid 1979, Mr. Aarons was named President of the NYC Public Development Corporation, a position he held through 1983. Under his leadership, the company grew to become the City’s lead development agency, overseeing projects including the South Street Seaport, the Marriott Marquis Hotel, the Joyce Theatre, and the Carnegie Hall Restoration.

In late 1983, Mr. Aarons moved from public service and became President of General Atlantic Realty Corporation, the real estate subsidiary of General Atlantic, a privately held investment firm. In partnership with Christopher M. Jeffries, Mr. Aarons was a pioneer in the construction of low-income housing, financed through its linkage to luxury housing, building over 1,000 units of affordable housing throughout the City.

Today, Mr. Aarons is active on the numerous boards. He graduated from Columbia College in 1973, where he majored in art history and the Columbia University School of Law in 1976 where he was an Editor of the Law Review.

Philip H. Lovett is a principal of Millennium Partners. Mr. Lovett is the partner responsible for directing and managing the day-to-day operations and development activities.

Lovett formed Millennium Partners with Christopher M. Jeffries and Philip E. Aarons in 1991, to undertake the development of the Lincoln Square project.

Lovett is a graduate of the Harvard Graduate School of Business Administration. He also holds a degree in economics from Harvard College, from which he graduated magna cum laude.

Mr. Palumbo is the managing partner responsible for directing and managing the day-to-day operations of Millennium Partners. In addition, he oversees Millennium Partner’s largest investment vehicle- the Completed Asset Fund, with over $2.75 Billion in assets. The portfolio contains Millennium’s office, retail, theater, extended-stay and parking assets throughout the country.

Mr. Palumbo joined Millennium Partners in 1997. He initially oversaw the development of Millennium’s mixed-use Ritz-Carlton developments in Washington, DC, Georgetown and Battery Park City in lower Manhattan.

Mr. Palumbo received his JD from the Stanford Law School and his MBA from the Stanford Graduate School of Business. He holds an undergraduate degree in economics from Princeton University, from which he graduated summa cum laude. He attended Phillips Exeter Academy for high school. Mr. Palumbo is chair of the board of The Friends of the High Line and a member of the Board of Governors of the Real Estate Board of New York Board.

As managing partner, Richard G. Baumert is active in all aspects of residential development, with primary responsibility for development, design, programming, marketing, sales and operations in Boston.

Mr. Baumert joined the Millennium team in 2001. As Project and Asset Manager, he led the hotel development efforts and spearheaded the return of the Ritz-Carlton to New York City. Following that launch he extended his hotel work to Washington, DC, Boston, and Miami, where he oversaw all development efforts including the sales and marketing for Four Seasons Residences Miami.

Since then, he has led the marketing, sales and operations efforts for many successful mixed-use residential projects, including Millennium Place, the fastest selling urban luxury property in modern Boston history; Millennium Tower Boston, the largest sellout in the history of the city; and the newly opened Winthrop Center, the pinnacle of the Millennium Partners portfolio named the largest Passive House office building in the world and the most sustainable building in the U.S. in a northern climate.

Prior to joining Millennium Partners, Mr. Baumert honed his hospitality skills as general manager of a historic hotel and conference center. He holds a Bachelor of Arts degree from Buffalo State College and a Master of Arts degree from The Ohio State University.

Steven L. Hoffman joined Millennium Partners in 1994 to assist in the development of mixed-use, urban entertainment and living centers in major U.S. markets.

Mr. Hoffman’s primary role with Millennium Partners is to analyze potential site acquisitions, negotiate leases and joint venture agreements with Millennium Partners’ equity investors and corporate tenants and arrange financing for the company’s developments.

Mr. Hoffman gained most of his real estate experience as owner and president of his own real estate consulting firm, which provided financial and tax consulting services to developers.

Prior to that, Mr. Hoffman was a senior manager in charge of Price Waterhouse’s New York real estate tax practice.

Mr. Hoffman is a graduate of the State University of New York at Albany and is a Certified Public Accountant.

Partners


Recent Press

IA Managing Principal Reetika Vijay on Designing Modern Hybrid Corporate Space for Global Investment Firm Cambridge Associates

It is probably the coolest corporate office space today in Boston.

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M&T Bank lease at Winthrop Center is a rare bright spot in Boston's gloomy office market

The 39,000 square foot relocation comes amid the highest vacancy rate in decades

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M&T Bank to move Boston office to Winthrop Center Tower

M&T Bank Corp. is moving its Boston office to Millennium Partners' Winthrop Center Tower later this year

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The Lap of Luxury

Boston's new eco-conscious Millennium Collection at Winthrop Center features artfully edited interiors and custom cabinetry by acclaimed designer Christopher Peacock.

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Millennium Partners completes world's largest passive house office building in Boston

Newly certified Winthrop Center also landed the city's biggest office lease of 2023

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These restaurants are opening in downtown Boston's Winthrop Center

Chef John Fraser of New York-based JF Hospitality is coming to Boston for the first time with an array of food offerings at downtown Boston's Winthrop Center

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Michelin-starred chef John Fraser opens the Lineup food hall in the Financial District

He'll serve everything from pizza to burgers at The Connector

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Splashy Penthouse Sits Atop Boston's Wellness-Focused Tower

The Condo has 11-foot ceilings and panoramic views of the Charles River and Boston Harbor

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Passive Houses Grapple With Rising Temperatures

"It's a paradise for children." It's a comment you commonly hear about Bahnstadt, a developing neighborhood tucked behind the main train station

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Boston skyscraper named world's biggest 'Passive House' office

The building which will use far less energy than a conventional design, is the latest example of the efficiency standard's growing popularity.

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Millennium's Winthrop Center certified as world's largest passive house office

Millennium Partners celebrated its Winthrop Center officially becoming the world's largest office building constructed to passive house standards.

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Winthrop Center Officially Certified as the World's Largest Passive House Office Building

Millennium Partners hosted city and state officials for a historic event as Winthrop Center was honored as Boston's most energy efficient building.

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Deloitte signs Boston's largest office lease of the year

The office market has its challenges, but there are some big deals still being made.

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In biggest office lease of the year, Deloitte plans move to Winthrop Center

Add another big-name company to the list of tenants that will soon fill the new Winthrop Center skyscraper in downtown Boston.

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Millennium’s new downtown tower lands largest office lease this year

Deloitte will move its Boston office to the Winthrop Center building from Back Bay next year.

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Winthrop Center is readying for its debut at last

Aston was having a fabulous time at Winthrop Center's Club VIP. The five-and-a-half year-old white Pmeranian trotted the spa-like lobby

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Winthrop Center, the new tallest tower in Downtown Crossing opens to residents

Nearly seven years after developer MP Boston was chosen to redevelop a city-owned parking garage in downtown Boston...

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A Sustainable Landmark Rises on the Boston Skyline

The recent heat emergency in Boston and extreme heat events worldwide have further underscored the consequences of the climate crisis and the need for immediate action to mitigate climate change at the state and federal level

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New Passive House Project Could Be a Model For Office Buildings

The idea of Passive House first took shape in the U.S. and Canada as a solution to the oil embargo in the early 1970s.

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Take a Sneak Peek at these Luxury Units in Winthrop Center

The Millenium Collection of high-end condos features a chance to pick out custom cabinetry by designer Christopher Peacock.

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Winthrop Center Reflects Changing Work-Life Equation

Downtown Boston's most-watched development project is set to create a new neighborhood within a single building.

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Boston's Winthrop tower already has nearly $150M in condo deals

Two months before opening, the Boston affiliate of Millennium Partners has received commitments from buyers on nearly 50 condominium units.

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Jacket measuring can ensure perfect closets at new Millennium Residences at Winthrop Center

Buyers of its Millennium Collection homes can hire renowned cabinetry designer Christopher Peacock to create their look.

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Five Marquee Luxury Developments Launching Sales in 2023

As the global luxury home market continues to define and refine itself in the wake of the pandemic, it is apparent that exclusivity, sustainability, and wellness are the chief priorities of affluent buyers.

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'A 24-hour neighborhood': Wu outlines plans to bring downtown Boston back to life.

Mayor Michelle Wu unveiled a plan Thursday to revive a downtown hammered by the pandemic by making it less reliant on office workers.

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'The Market is Demanding It': Boston Developers Face Growing Pressure to Decarbonize Buildings

While Boston developers still have more than two years before the city's carbon emissions caps become mandatory.

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McKinsey to consolidate two offices in Boston's new Winthrop Center

McKinsey & Co. has signed a lease for office space in the soon-to-debut Winthrop Center tower in Boston's Financial District, opting to bring all of its local employees under one roof.

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Luxury and sustainability collide at the Residences at Winthrop Center

Luxury and sustainability are two terms that often find themselves at odds with one another, but the developers behind Winthrop Center are willing to bet that green is the new black.

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Standout Passive Office Takes Shape In Boston

When completed in early 2023, Winthrop Center will bring over 1.8 million gross square feet of residential, office and retail space to Boston.

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Winthrop Center lands second tenant

A second financial firm has selected Winthrop Center to serve as its headquarters. Boston-based Income Research + Management, a fixed income investment management firm, is moving its downtown office to the 53-story tower in 2023.

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Cambridge Associates Leases 115,000 SF, to Move Global Headquarters to Boston’s Winthrop Center in Spring 2023

MP Boston, the local arm of the internationally recognized developer Millennium Partners, announced that global investment firm Cambridge Associates will move its global headquarters to Boston’s Winthrop Center in spring 2023.

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Condos in Millennium’s new Boston Tower to start at $1.5M

A local Millennium Partners affiliate began marketing its upcoming Winthrop Center tower in downtown Boston to prospective new residents this week, looking to find buyers for more than 300 units ranging in price from $1.5 million to $15 million.

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Sneak Peek: One of Boston’s Newest ( and Tallest) Buildings Eco Friendly Luxury Living to Downtown

Two years after breaking ground, the developers behind Winthrop Center in the Financial District are offering a sneak peek of the high-end units and the amenities residents get with them, including dining experiences led by Michelin-starred chef John Fraser and a slew of services for dogs.

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Winthrop Center Condos Range from $1.5M to $15M

Developer MP Boston began marketing 317 luxury condominiums at its new Financial District skyscraper and announced a Michelin-rated chef to lead its resident dining service.

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From ghost towns to good hoods: How financial districts went from where we work to where we want to live.

Financial districts in America's most significant business hubs used to perform a daily costume change: Bustling epicenters of commerce during the day...

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Here’s the view from Winthrop Center, which will be one of Boston's tallest towers

The 62-story office and residential tower is expected to be the largest Passive House office in the world when complete.

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Building Designs Respond to Climate and COVID Crises

People are increasingly concerned about how their immediate environs impact their health, with special attention to the indoor air quality of spaces we inhabit every day.

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As Winthrop Center rises, Bloomberg News goes behind the barricades

Rich Baumert and Kathy MacNeil, Managing Partner and Construction Manager respectively for developer Millennium Partners, recently took Bloomberg Baystate News Radio on a tour of the bustling Winthrop site in downtown Boston.

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A new Boston high-rise will be the largest office building to meet this exacting sustainability standard

When it’s 90 degrees and humid outside, or on a subzero day in January, this new office building in Boston will stay comfortable inside, but it will do so using notably less energy than its neighbors. The high-rise, with more than 812,000 square feet of office space...

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IN BOSTON, THE WORLD'S LARGEST PASSIVE HOUSE OFFICE TOWER IS ON THE RISE

John Fernandez is a tenured professor of architecture at the Massachusetts Institute of Technology (MIT), so it might seem an odd coupling that this academic would be associated with high-end mixed-use developments.

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INSIDE WINTHROP CENTER’S CONSTRUCTION, GLITZY EFFORTS TO WOO OFFICE TENANTS

The concrete shell in downtown Boston that will soon be the world\'s largest Passive House office building is easy to miss, a nondescript construction site across

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Winthrop Center Construction Promotes Diversity and Equity

Developer Millennium Partners (MP) is working with Boston nonprofit Bill Moran & Associates to attract and sustain a diverse workforce in construction of Winthrop Center, a $1.3 billion skyscraper forecasted for completion in Boston’s Financial District by 2023.

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This will be the world's largest Passive House-certified office building

Boston’s Financial District will soon welcome the groundbreaking Winthrop Center, a year-round, mixed-use gathering space with a suite of impressive eco-friendly credentials.

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Millennium Partners’ Taidgh McClory Recognized for Leadership in Implementing Diversity and Inclusion Strategies in the Commercial Real Estate Industry

Millennium Partners Boston, the local arm of internationally recognized developer Millennium Partners, announced that Taidgh McClory...

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How Winthrop Center Was Saved

Millennium Partners Boston turns to lenders abroad to get Winthrop Center’s 2023 opening back on track.

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Winthrop Center could have been another Filene’s crater — until a Kuwait-backed fund saved it

Chris Jeffries feared that Winthrop Center — a $1.3 billion project poised to bring hundreds of residential units and hundreds of thousands of square feet of office space to Downtown Crossing — could become another crater in the middle of downtown Boston.

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MP Boston and Building Trades Unions sign Project Labor Agreement for Winthrop Center

MP Boston and the Building Trades Unions signed a groundbreaking Project Labor Agreement (PLA)

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MP Boston Signs PLA for Winthrop Center

MP Boston, developer of projects in downtown Boston, and the building trades unions announced the signing of a groundbreaking Project Labor Agreement (PLA).

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Winthrop Center Construction Could Employ 1,400 Boston Residents

Developer Millennium Partners and local building trades have reached agreement on a project labor agreement.

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MP Boston and Building Trades Unions sign project labor agreement for Winthrop Center

MP Boston, developer of award-winning projects in Downtown Boston, and the Building Trades Unions are pleased to announce the signing of a groundbreaking Project Labor Agreement (PLA).

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Digging deep now, to soar later

This is the second installment in an occasional series on the construction of Winthrop Center, a 691-foot-tall office and condominium tower being build on the site where Winthrop Square garage once stood.

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At Winthrop Center project, they're digging deep so a tower can rise

It's the wee hours in Quebec, and an 18-wheel truck loaded with a massive steel support fires up its engine. The driver needs to cross the border into the United States just as drawn breaks, because federal law requires that such massive shipments take place only during daylight hours.

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Winthrop Center Featured in the Fall Issue of Urban Land Magazine

Among the largest developments anticipated are MP Boston’s Winthrop Center, an under-construction skyscraper that will have 1.4 million square feet of commercial, office and residential space, expected to be completed in fall 2022.

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Winthrop Center Focuses on Well-Being, Diversity

Anastasia sat down with Kathy MacNeil, principal at Millennium Partners (MP) Boston, to talk about the Winthrop Center, a $1.3 billion development in downtown Boston,

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First look: Check out Winthrop Center’s planned public spaces

Winthrop Center’s developer offered the Business Journal a first look at several of the project’s interior and exterior views.

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Millennium Partners and MIT team up to reimagine what it means to design with a purpose

The future of architectural design is understanding how to create a place that will adapt to lifestyles and behaviors across different generations.

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An early look into Winthrop Center’s eco-friendly and tech-savvy interior

The 691-foot Winthrop Square tower will feature more fresh air, a proprietary app, and an electromagnetic-free zen room.

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Winthrop Center’s ‘Great Hall’ becomes ‘the Connector’

Still grand in scope, the privately owned public space will run between Devonshire and Federal streets and have room for events

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Gains for Diversity in Construction Jobs

Kathleen MacNeil of MP Boston and Apprentice Electrician Sophia Shepard talk about steps toward increasing diversity in hiring for construction jobs at a time of continued growth--including the Millennium Partners Winthrop Center project.

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The Master Plan for a $28 Million Renovation of Boston Common Is a Go

A $28 million investment in Boston Common, the nearly 400-year-old park that could really use a face-lift, took a big step forward this week.

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Winthrop Center Breaks Ground With A Bang

More than a decade after a different developer tried to build a 1,000-foot skyscraper, Millennium Partners broke ground on a shorter, albeit still towering, mixed-use development on the same spot.

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Boston Celebrates Groundbreaking at Winthrop Center

On Wednesday night, city officials came together to celebrate Winthrop Center, which is set to be completed spring 2022. Winthrop Center will feature office work space, residential units, retail, dining, and commercial space, along with a curated public gathering space in the heart of Downtown.

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Winthrop Square tower developer sets official groundbreaking date

Developer MP Boston is planning an October 24 groundbreaking for the 691-foot, approximately 1.6 million-square-foot skyscraper at the site of the former Winthrop Square Garage in downtown Boston. Mayor Marty Walsh is expected to be the guest of honor.

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Millennium Partners' Chris Jeffries is 'ready to go' with Winthrop Center

The Business Journal spoke to Christopher M. Jeffries, Millennium Partners' founding partner and principal, to discuss the long road to get to the Winthrop Center groundbreaking.

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Developers break ground at Winthrop Square

Millennium Partners broke ground for a new $1.3 billion tower yesterday in the Financial District, launching one of the largest construction projects in the state. Officials say the skyscraper will generate more than 2,800 construction jobs and bring in over $15 million annually in property tax revenue.

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Winthrop Square tower groundbreaking set for Wednesday

The tent is up. The stage is ready. Late Wednesday afternoon, city officials and developers will celebrate the official start of work on a building that has been years in the making.

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