Here, in the southern portion of Battery Park City, Millennium Partners, which also built the Ritz Carlton Battery Park, has just begun to set the foundation for a 360-foot-tall, 236-unit residential tower called Millennium Tower Residences, with one- to four-bedroom apartments for sale. Some of the apartments will have terraces, and the building will be equipped with a fitness center, 24-hour concierge, and doorman. The building's completion is slated for the end of 2006.
A women's cultural museum is also planned for the site, although no construction start date has been set.