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45 Province: Boston's Big Condo That Could

Since it was finished in 2009, the 137-unit condo tower 45 Province in downtown Boston has had a rough go of it: sales have been sluggish; brokers have been catty re: the tower's prices; and the area around it, until recently, has been the sort you have no reason to be in after dusk.

It looks, though, like 45 Province's fortunes have shifted a goodly bit. Its developer, the Abbey Group, announced on Thursday that the tower has recorded its 100th sale—and it's a whopper: $4,010,000, or $1,285 a square foot, making the sale of the 3-BR, 3.5-BA, 3,120-square-foot spread with regal terraces one of Boston's five biggest closed deals of 2013 so far. Moreover, the developer would like to point out that sales at 45 Province are up 28 percent over the same time last year. And they're not just any sales they're sales like the $4,010,000 one or one in December for $3,450,000.

What might be causing the jump at 45 Province? Might we call it the Millennium Effect, as in the almost-complete Millennium Place or the under-construction Millennium Tower? We might. Those two nearby developments are set to revitalize the Downtown Crossing/Downtown area, making it less 9-to-5 and more 24/7 (one of the biggest reasons 45 Province wasn't selling that fast, brokers hissed, was because it was planted in such a so-so area). There are still at least 28 units left, if you want to get in on this change.
· 45 Province website [Abbey Group]
· Filene's Site Tower to Rescue 45 Province? [Curbed Boston]
· For Filene's Site Builder, Game-Changing Mojo from NYC to JP [Curbed Boston]
· Our Big Deals archive [Curbed Boston]

Residences At 45 Province

45 Province Street, Boston, MA 02108

Millennium Place

580 Washington St, Boston, MA 02111