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New Boston 1,000 Foot Tower

Boston City officials and Trans National Properties have announced a proposal for a new 1,000 foot tower in downtown Boston.

The building would be located at 115 Federal Street in Winthrop Square on the site of what is currently a city-owned parking garage.

"This proposal outlines an enormous investment in our downtown," Mayor Menino said. "This is a case of the market speaking loud and clear, and it's saying that people are bullish on Boston and what this city can accomplish going forward."

The building would house offices as well as retail and restaurant space.

It now begins a review process, but city officials have no tentative dates set for any public meetings.

This program aired on November 13, 2006. The audio for this program is not available.

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