BOSTON—Downtown Crossing, the historic downtown shopping district of Boston, will undergo yet another renaissance in coming years, bringing residential space to a strictly business area, said speakers at the International Council of Shopping Centers’ New England Idea Exchange, which concludes at the Boston Convention Center today.

Among the projects in an overall plan to revitalize the district is One Franklin Street, a redevelopment of the vacant Filene’s department store and adjacent buildings into a mixed-use project that will stack retail, hotel, office and residential space on one city block. The project will contain 339,000 sf of retail, 242,000 sf of hotel space, 506,000 sf of office space and 257,000 sf of residential units in the area bounded by Summer, Franklin, Washington and Hawley streets.

“Our objective was to create more density, more height on a very important block in that district,” said John B. Hynes III, president and CEO of Boston-based Gale International. The company is working with owner Vornado Realty and designer Elkus Manfredi to create the project. “I don’t think this could be done anywhere but Downtown Crossing.”

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