When Filene's closed, the building was put up for sale and was bought by Vornado Realty Trust of New York.

As of the halt, demolition was nearly complete, leaving the Burnham building gutted and a large excavation where the non-landmarked parts of the former Filenes complex (built in the 1950s–1970s) had stood.

[11] In 2012, Millennium Partners took over the task and won approval for a 625-foot tower with 1.2 million square feet (110,000 m2) of commercial and residential space in two buildings.

[12] On April 13, 2013, major tenant Arnold Worldwide was signed to occupy a large part of the new building.

[16] According to an August 2016 article in the Boston Globe, luxury condos have been purchased by local residents as well buyers from Asia and Europe.