archBOSTON.org

Go Back   archBOSTON.org > Boston's Built Environment > Development Projects

Development Projects New urban and/or architectural developments in Boston metro.

Reply
 
Thread Tools Search this Thread
Old 05-22-2008, 07:03 AM   #1
stellarfun
Senior Member
 
Join Date: Dec 2006
Location: salem ma and washington dc
Posts: 4,148
Complete 270 Third St - 75&125 Binney | East Cambridge (née Mega-Lab)

This is a ways off.

I am guessing the site is north of Linskey Way and flanks both sides of Binney St. where there parking lots now. From the article, it would appear that Alexandria already owns the land.

Quote:
$1b lab complex planned for Cambridge

By Todd Wallack, Globe Staff | May 22, 2008

A California real estate company wants to build a $1 billion laboratory complex in Cambridge over the next decade to accommodate growing life sciences companies starved for space.

The complex, planned between Kendall Square and the CambridgeSide Galleria mall, would eventually include six buildings and 1.5 million square feet on 16 acres. That would make it the largest lab development in the Northeast, according to Richards Barry Joyce & Partners, a Boston firm that tracks the lab real estate market.

The project is a bold bet that the region's life sciences industry will continue to flourish for years, creating thousands of jobs and continuing to gobble up scarce lab and office space. Massachusetts is currently close to passing a $1 billion life sciences initiative to encourage growth in the sector, underscoring the belief that biotech and medical devices are becoming a cornerstone of the state economy.

"We're bullish on the innovation economy in Cambridge," said Tom Andrews, regional market director for the developer, Alexandria Real Estate Equities Inc.

Alexandria has not secured any tenants, but the Pasadena, Calif., company is betting the added lab space will benefit from its proximity to the existing biotech cluster in Kendall Square, which includes companies such as Genzyme Corp. and Biogen Idec. The area also boasts an army of tech companies, such as Akamai Technologies and Pegasystems, as well as nonprofit research centers and the Massachusetts Institute of Technology.

Cambridge biotech companies have increasingly been squeezed for space as they have grown, with some opting to move part of their operations to the suburbs. In recent months, Shire Human Genetic Therapies, Altus Pharmaceuticals, ImmunoGen, WMR BioMedical, Magen Biosciences, and Microbia PE have all said they will move from Cambridge to nearby communities, where space is less expensive and easier to find. As they run out of room to expand, some say they are also considering leaving the city, including Vertex Pharmaceuticals and Amag Pharmaceuticals.

Bob Richards, president of Richards Barry Joyce & Partners, called the proposal "a much needed pressure valve for the market."

Real estate brokers say lab space rents in Cambridge have doubled and vacancy rates have shrunk 67 percent in the past four years because of growing demand from life sciences companies. Recently, as some companies moved to the suburbs and smaller spaces have been developed, vacancy rates have edged up slightly. But Richards said there aren't many big blocks of space available, making it hard for larger companies to stay in the city and continue to grow. Because the Alexandria project is to be developed over the next 10 years, it should allow the market time to gradually absorb the additional space without depressing rents and sending vacancy rates soaring, he said.

Alexandria is no stranger to the market, owning 40 properties in Massachusetts totaling 4 million square feet, half in Cambridge, including the Technology Square complex, which it bought from MIT for $600 million in 2005.

The new project would be built on land the developer already owns, which is mainly parking lots and one-story industrial buildings.

Andrews, the Alexandria executive, said the company does not yet have detailed designs for the new buildings. But he said the complex will include more than 4 acres of open space, underground parking, and a small amount of space for restaurants.

As with most new lab projects, Andrews said the buildings will include environmentally friendly features. The property is also a short walk from two MBTA stations, Kendall Square and Lechmere.

Both the city and Andrews predicted it will take about a year to go through the process of modifying existing zoning and obtaining permits for construction. After that, Andrews said, it would take a couple more years to complete the first two buildings. Tenants would probably not be able to move in before 2011.

Andrews said he expects all six buildings to be primarily lab space and supporting offices for life sciences firms. But he cautioned there is a chance the makeup of the project could change if life sciences companies request more administrative office space or if Alexandria winds up leasing more space to software companies and other firms that don't need as much room for labs.

Beth Rubenstein, Cambridge's assistant city manager for community development, said the city is open to working with Alexandria on the permitting and zoning changes. Current zoning, enacted in 2001, includes restrictions on building height and density that would have to be changed for Alexandria's project to go forward as planned. But since that zoning was put in place seven years ago, Rubenstein said, it is reasonable to consider modifying it now.

"It's a very reasonable place to be looking at lab space - in the heart of the biotech cluster," Rubenstein said.
http://www.boston.com/business/artic...for_cambridge/

This is the sort of mega lab complex that Harvard & some developer could replicate in Allston Landing once the railyards move out and the Turnpike tolls are reconfigured. Cambridge will re-zone because it wants the tax base.
__________________
A man gazing on the stars is at the mercy of the puddles in the road
stellarfun is offline   Reply With Quote
Old 05-22-2008, 09:41 AM   #2
stellarfun
Senior Member
 
Join Date: Dec 2006
Location: salem ma and washington dc
Posts: 4,148
Re: Mega-Lab in East Cambridge

In searching for more info on this project, I discovered that Cambridge maintains a project log of all projects over 50,000 sq ft that are permitted, under construction, or completed.

http://www.cambridgema.gov/cdd/ed/re...evlog_1207.pdf

No info at this site yet on the project.
__________________
A man gazing on the stars is at the mercy of the puddles in the road
stellarfun is offline   Reply With Quote
Old 05-22-2008, 10:33 AM   #3
Ron Newman
Senior Member
 
Join Date: May 2006
Location: Davis Square, Somerville, MA
Posts: 8,399
Send a message via AIM to Ron Newman
Re: Mega-Lab in East Cambridge

The printed article includes a map showing the development covering six lots:

North side of Binney, from Sixth to Fifth
North side of Binney, from Third to Second (two buildings)
North side of Binney, just west of First Street (not going all the way to Second)
South side of Binney, just west of Second Street (not going all the way to Third)
South side of Binney, from Second to First

These aren't all parking lots. Some of them have low-rise industrial buildings now.
Ron Newman is offline   Reply With Quote
Old 05-22-2008, 11:00 AM   #4
kz1000ps
Senior Member
 
kz1000ps's Avatar
 
Join Date: May 2006
Location: man hat tan
Posts: 7,399
Re: Mega-Lab in East Cambridge

Ron, let me know what property lines I got wrong.

EDIT: here's the correct plots.


Last edited by kz1000ps; 05-22-2008 at 11:49 AM.
kz1000ps is offline   Reply With Quote
Old 05-22-2008, 03:40 PM   #5
stellarfun
Senior Member
 
Join Date: Dec 2006
Location: salem ma and washington dc
Posts: 4,148
Re: Mega-Lab in East Cambridge

Thanks for the map kz.

Here are the property owners along Binney (from the Cambridge assessors).
Address / land area / owner / sales price
ARE is Alexandria

66 Binney / 64,000 sq ft / First St. Parking NYC (bought for $10 in 2004)
80-122 Binney / 25,000 sq ft / ARE Carlsbad CA (bought for $95 million in 2006)
81-109 Binney / 79,000 sq ft / ARE Carlsbad CA (bought for $95 million in 2006)

110 Binney / 24,000 sq ft / Mormon Church (bought for $5 million in 2004)
115-143 Binney / 45,000 sq ft / ARE Carlsbad CA (bought for $95 million in 2006)
174 Binney / 5,500 sq ft / Cambridge Redevelopment Authority
182 Binney / 72,000 sq ft / Federal government
301 Binney is this building:


50 Rogers St. / 40,000 sq ft / ARE Carlsbad CA (bought for $95 million in 2006)

The above properties don't come close to amounting to 16 acres, closer to 6 than 16, IMO.

I included 301 Binney because Alexandria cant go further west on Binney than that. Cambridge redevelopment owns the quasi park across the street from 301.
__________________
A man gazing on the stars is at the mercy of the puddles in the road

Last edited by stellarfun; 05-22-2008 at 03:59 PM. Reason: add comment
stellarfun is offline   Reply With Quote
Old 08-27-2008, 07:26 AM   #6
stellarfun
Senior Member
 
Join Date: Dec 2006
Location: salem ma and washington dc
Posts: 4,148
Re: Mega-Lab in East Cambridge

Article in Herald today on adding residential to this development. Text of Herald article is in the Cambridge Developments thread. Here is a graphic from the Herald.

__________________
A man gazing on the stars is at the mercy of the puddles in the road
stellarfun is offline   Reply With Quote
Old 08-27-2008, 02:13 PM   #7
stellarfun
Senior Member
 
Join Date: Dec 2006
Location: salem ma and washington dc
Posts: 4,148
Re: Mega-Lab in East Cambridge

I am ignorant about zoning in Cambridge, but the map below is taken from a Transfer of Development Rights site run by the city of Cambridge. The yellow bounded areas were the receiving areas, the blue bounded land the donating areas. (The blue areas include some of the land for the proposed mega lab.) Exactly how much was given up I know not, although I assume that the mega-lab developer is trying to overcome some of that rights transfer.

__________________
A man gazing on the stars is at the mercy of the puddles in the road
stellarfun is offline   Reply With Quote
Old 09-22-2008, 10:47 AM   #8
Tim Jackson
Senior Member
 
Join Date: Aug 2008
Location: Lexington, MA
Posts: 130
Re: Mega-Lab in East Cambridge

Quote:
E. Cambridge neighbors still wary as biotech developer makes project a little greener

By Jillian Fennimore/Chronicle staff
Mon Sep 22, 2008, 07:02 AM EDT

Developers said they have lowered building heights, set back buildings and added more green space to their massive biotech proposal, after angry neighbors said the development would be too big.

But an official vote on the project will not take place anytime soon.

This week, Alexandria Real Estate Equities Inc., re-filed a zoning petition to the continue conversation another 90 days on building a massive lab and office campus on a 15-plus acre swath of land.

?We want to be comfortable with the mortar, concrete and steel that is put in the ground,? said City Councilor Sam Seidel.

Last week, the city?s Zoning Ordinance Committee met for an update on where the project stands. Developers are looking to skirt the current zoning law to construct mixed-use biotechnology buildings with ground floor retail and underground parking.

The most recent amendment to the petition includes one-third of an acre of additional parkland ? after negotiating to obtain a nearby parcel off Land Boulevard owned by Archstone Smith.

?This is a once-in-a-generation opportunity,? said Alexandria assistant vice president Joseph Maguire about future recreational opportunities.

But some residents said they worried about how much the open space will be utilized by the community.

?The park should be available for everyone, not just turn into a park for their workers to have lunch at,? said Cambridge resident Jay Wasserman.

Other amendments to the proposal include reducing the height of buildings along Binney Street from 95 feet to 75 feet, a 25-foot setback along Rogers Street, noise mitigation during construction and sustainability.

?We want our development to be green,? said Maguire about plans to make it LEED-certified. ?We plan to be here for a long time.?

The proposal also calls for energy-efficient buildings; the preservation of several historic buildings; underground parking; space for bus and cab stops; and bike racks and rentals. Ground-floor retail components could include restaurants, nightclubs, cafes and grocery stores.

Developers said they expect the entire project to be completed in phases over the next decade, and hope to start construction on the first building next year.

Otis Street resident Michael Haggerty said the need for urban planning is crucial with this project to create a city-friendly development and not what some have labeled a potential ?urban canyon.?

?This project has the scope to bring a lot of life to the neighborhood,? he said.

Alexandria Real Estate Equities Inc. holds 18 properties and manages 1.8 million square-feet of laboratory and office space in Cambridge, including properties in Technology Square and the Science Hotel.

On Sept. 24, the East Cambridge Planning Committee will meet at the East End House at 105 Spring St. to further discuss the project, particularly concerns of public safety, health and impact on the neighborhood.

LINK
Tim Jackson is offline   Reply With Quote
Old 09-22-2008, 11:11 AM   #9
Merper
Senior Member
 
Merper's Avatar
 
Join Date: May 2006
Location: Boston's South End
Posts: 255
Re: Mega-Lab in East Cambridge

... is there a worse way to 'fix' a project that is too large than by adding more 'open space"?
Merper is offline   Reply With Quote
Old 09-22-2008, 11:18 AM   #10
stellarfun
Senior Member
 
Join Date: Dec 2006
Location: salem ma and washington dc
Posts: 4,148
Re: Mega-Lab in East Cambridge

^^^ The two 'neighbors' who commented on the project live near Lechmere.
The area where this would be built is industrial and parking lots. So for the criticizing NIMBY, its not really even near his backyard.
__________________
A man gazing on the stars is at the mercy of the puddles in the road
stellarfun is offline   Reply With Quote
Old 01-22-2009, 09:46 PM   #11
PaulC
Senior Member
 
Join Date: May 2006
Posts: 1,617
Update

Map:http://www.wickedlocal.com/cambridge...in-E-Cambridge

Quote:
Despite neighbors? requests for more time and thought, Planning Board members moved a major project forward that will drastically change the life and look of East Cambridge.
On Tuesday night, the board came to a general consensus to recommend that the City Council approve a 15-acre biotech lab and office campus along Binney Street proposed by Alexandria Real Estate Equities, Inc.
?I think it?s fair to call this a win-win,? said Planning Board member Patricia Singer.
But other members were not as reluctant to put their stamp of approval on the project.
?There?s not enough time for an adequate response,? said board chairman William Tibbs.
After initially filing the project?s petition last May, developers re-filed a zoning petition in September to continue the public process and discussion. Developers are looking to skirt the current zoning law ? under the Eastern Cambridge Planning Study from 2001 ? to construct mixed-use buildings up to nine stories high.
Alexandria attorney Jim Rafferty said the petition only has four weeks left before expiring next month.
City councilors are expected by made a decision on the proposed project by Feb. 9.
?It?s really in the City Council?s hands now,? said Tibbs.
But many residents and members of a steering committee on the project are still skeptical of the developer?s intent behind it all.
?What?s to stop this developer from selling this site?? asked Shannon Larkin, a representative of the East Cambridge neighborhood. ?When is it going to stop??
Over the past year, stakeholders, city officials, and concerned neighbors have held meetings to mull over the details and decide what?s best for the community. Main concerns are the need for more open space, construction noise and building acoustics, requests for more housing, lab safety, and traffic.
?We are getting pretty close,? said Catherine Donaher, a consultant for the project.
Donaher said while Alexandria has not met all the neighborhood?s needs and goals, ?neither have they said no to any item.?
?We haven?t said yes either,? said Jay Wasserman of 2nd Street. ?We are gaining good design but we?re giving up a lot.?
Among the amendments made in the new proposal, an increase of residential units is one of them.
A total of 70 units are being proposed for a building on 3rd Street across from Archstone Kendall Square with wrap-around, ground-level retail. On 1st Street, six stories with 150 units are also proposed. On the first floor of the ?Foundry? building off of 3rd Street, a total of 100,000 square feet will be dedicated for community use.
But some residents say that is not enough.
?We?re a little bit suspicious with this whole process,? said Charles Street resident Carole Bellew. ?To be dead-ended at this point is actually alarming to me also. We are just getting slammed with this and we don?t have any space.?
But Planning Board member Tom Anninger said developers have made great strides in putting a strong project together and shouldn?t have to go back to square one.
?That should not be the reason to start the process all over again just because of community space,? he said.
The Binney Street proposal also calls for energy-efficient buildings; the preservation of some historic buildings; underground parking; space for street parking, bus and cab stops; bike racks and rentals.
Alexandria Real Estate Equities Inc., a Pasadena-Calif.-based developer known for building life sciences labs, holds 18 properties and manages 1.8 million square-feet of laboratory and office space in Cambridge, including properties in Technology Square and the Science Hotel.
Developers say they expect the entire project to be completed in phases over the next decade.
http://www.wickedlocal.com/cambridge...in-E-Cambridge
PaulC is offline   Reply With Quote
Old 01-27-2009, 04:52 PM   #12
vanshnookenraggen
Moderator
 
vanshnookenraggen's Avatar
 
Join Date: May 2006
Location: New York City
Posts: 5,960
Re: Mega-Lab in East Cambridge



Found this in the article. If this is built it will probably feel a lot like Trinity and 1330 Boylston in the Fenway.
__________________
http://www.vanshnookenraggen.com | http://futurembta.com | http://hyperrealcartography.tumblr.com
brivx: well, my philosophy is: as designers, we make a good theater, we dont direct the play
vanshnookenraggen is offline   Reply With Quote
Old 01-27-2009, 07:00 PM   #13
kennedy
Senior Member
 
kennedy's Avatar
 
Join Date: Feb 2007
Location: Minneapolis, MN
Posts: 2,824
Re: Mega-Lab in East Cambridge

Erm...70 units in 70,000 sf? Really, NIMBYs? Yay, office park labs! And across from a mall, too! And man, CSG could actually work as an urban mall...
kennedy is offline   Reply With Quote
Old 01-28-2009, 01:07 AM   #14
KentXie
Senior Member
 
KentXie's Avatar
 
Join Date: May 2006
Location: Fenway
Posts: 3,585
Re: Mega-Lab in East Cambridge

I have to say, people around the Boston metro are really greedy. Every time I read a development article, there is always somebody who says "I want this, I want that." Hey if you want this or that, buy the land and develop it yourself or shut the hell up.
KentXie is offline   Reply With Quote
Old 01-28-2009, 12:43 PM   #15
kz1000ps
Senior Member
 
kz1000ps's Avatar
 
Join Date: May 2006
Location: man hat tan
Posts: 7,399
Re: Mega-Lab in East Cambridge

"Bumble-bee"
__________________
Politicians, ugly buildings and whores all get respectable if they last long enough.
kz1000ps is offline   Reply With Quote
Old 01-28-2009, 04:53 PM   #16
kennedy
Senior Member
 
kennedy's Avatar
 
Join Date: Feb 2007
Location: Minneapolis, MN
Posts: 2,824
Re: Mega-Lab in East Cambridge

Erm...what?
kennedy is offline   Reply With Quote
Old 01-28-2009, 08:42 PM   #17
kz1000ps
Senior Member
 
kz1000ps's Avatar
 
Join Date: May 2006
Location: man hat tan
Posts: 7,399
Re: Mega-Lab in East Cambridge

Look at the map Van posted.
__________________
Politicians, ugly buildings and whores all get respectable if they last long enough.
kz1000ps is offline   Reply With Quote
Old 01-28-2009, 09:53 PM   #18
kennedy
Senior Member
 
kennedy's Avatar
 
Join Date: Feb 2007
Location: Minneapolis, MN
Posts: 2,824
Re: Mega-Lab in East Cambridge

I guess I'm blind...
kennedy is offline   Reply With Quote
Old 12-29-2009, 05:44 PM   #19
palindrome
Senior Member
 
palindrome's Avatar
 
Join Date: Jun 2006
Location: Boston
Posts: 2,172
Re: Mega-Lab in East Cambridge



Quote:
Biotech complex seeks state OK
Project would transform 11 acres in E. Cambridge

By Thomas Grillo | Tuesday, December 29, 2009 | http://www.bostonherald.com | Real Estate

A $559 million biotech complex in East Cambridge moved a step closer to reality as its California-based developer filed plans for environmental review.

Alexandria Real Estate Equities seeks approval under the Massachusetts Environmental Policy Act to build 1.5 million square feet of office and laboratory space, 220 units of housing, 20,000 square feet of retail space, 1,932 underground parking spaces and two parks on more than 11 acres near the Massachusetts Institute of Technology.

?This is a very exciting plan for the city and the neighborhood,? said Susan Glazer, deputy director of Cambridge?s Community Development Department. ?It represents new development, a new opportunity for jobs and will enliven a part of the city that has not seen this kind of attention.?

If the state approves the development, the project will transform surface parking lots and one-story buildings into a mixed-use neighborhood between Lechmere and Kendall Square. Under the plan, five commercial buildings will be constructed along with a pair of residential towers. Up to $15 million in annual real estate revenues are expected to be generated for the city.

Earlier this year, the Cambridge City Council approved a zoning change that doubled the density allowed on the six-block site despite some protest from residents who opposed tall buildings and the potential for more noise and traffic.
Article URL: http://www.bostonherald.com/business...icleid=1221758
palindrome is offline   Reply With Quote
Old 12-29-2009, 08:40 PM   #20
Ron Newman
Senior Member
 
Join Date: May 2006
Location: Davis Square, Somerville, MA
Posts: 8,399
Send a message via AIM to Ron Newman
Re: Mega-Lab in East Cambridge

The parcel labelled "Triangle Park" is now vacant and not well-landscaped. It sounds like this proposal would turn it into a real park.

On the other hand, I don't think it's a good idea to demolish an entire block of low-rise industrial buildings (between 2nd, 3rd, Rogers, and Bent) to create a park. These buildings make good incubators for small startup companies.
Ron Newman is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
ACKS | 100 Binney | East Cambridge BeeLine Development Projects 91 08-30-2017 10:57 AM
ACKS | Alexander Center Kendall Sq. | 50 Binney | E Cambridge BeeLine Development Projects 138 05-18-2017 07:45 AM
Charles River Skatepark | East Cambridge KentXie Development Projects 141 11-16-2015 10:33 AM
Did East Cambridge have the world's first monorail? czsz Transit and Infrastructure 13 04-10-2013 02:38 AM
East Cambridge biolab tower PaulC Development Projects 14 04-05-2009 04:34 PM


All times are GMT -5. The time now is 07:50 AM.


Powered by vBulletin® Version 3.7.3
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.