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Old October 19th, 2011, 06:02 PM   #1
cMags13
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CAMBRIDGE | Binney Street Life Science Project | 10 fl | U/C



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Quote:
http://www.rebusinessonline.com/main.cfm?id=14112

Today's Top Story
June 15, 2010



BINNEY STREET LIFE SCIENCE PROJECT APPROVED

A rendering of what one of the buildings for the Binney Street Project could look like.

CAMBRIDGE, MASS. — Last week, the Cambridge Planning Board granted approval to Alexandria Real Estate Equities for the development of a new life sciences campus near Kendall Square in Cambridge. Known as the Binney Street Project, the development will add approximately 1.72 million square feet of high-tech office and laboratory space to an area that already has a major presence in the industry.

"East Cambridge and Kendall Square are real hotbeds of the innovation economy," says Tom Andrews, senior vice president of Alexandria Real Estate and regional director for its Massachusetts operations. "There are a lot of pharmaceutical and biotechnology companies, research institutes, and technology companies in this submarket. We think there are a variety of life science and technology companies that may be interested in these parcels."

The Binney Street Project will be built on five parcels of land totaling 11 acres that are located along Binney Street between First and Third streets. The project will include the construction of five buildings, a mixed-mode transportation center and more than 2 acres of public green space. All of the buildings will be built to LEED specifications.

Presently, the parcels contain older, one- and two-story industrial buildings — a reminder of the neighborhood's past. These days, though, the area is booming with high-tech activity on account of its location just a couple of blocks from the campus of MIT. Alexandria Real Estate does not plan to erase this history, though, opting instead to to preserve some of the buildings.

The Binney Street Project will most likely be built over multiple phases, one building at a time. The construction timetable will be determined by market activity. "We are working on getting an anchor tenant for one or more of the buildings before we start construction," Andrews says.

— Coleman Wood

Quote:
http://www.prnewswire.com/news-relea...-95546249.html
PASADENA, Calif., June 3 /PRNewswire-FirstCall/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), Landlord of Choice to the Life Science Industry®, today announced that the Cambridge Planning Board has granted final zoning approval for its transformative life science development, known as the Binney Street Project. This development, with its crucial adjacency location near Kendall Square, in the heart of East Cambridge, is positioned to be the epicenter of Cambridge's life science industry.

The Binney Street Project is an 11.3-acre development that will consist of approximately 1.72 million square feet of office/laboratory space and other mixed uses. It will include a mixed mode transportation center and more than two acres of public open space for the East Cambridge community. Once completed, the Project will have five highly sustainable state-of-the-art life science facilities in addition to the preservation of existing historic buildings. All buildings will be LEED certifiable, employing state-of-the-art design and technology featuring sustainable operations including high-efficiency mechanical systems, rooftop storm water management and water-efficient landscaping. This innovative development, in the heart of the renowned Kendall Square district, will provide convenient access to leading research and academic institutions including Massachusetts Institute of Technology, Whitehead Institute for Biomedical Research, the Broad Institute and Harvard University.
"The Binney Street Project is one of the most important developments of its kind and will further enhance Cambridge's position as a world leading center for life science research and development," said Tom Andrews, Senior Vice President and Regional Market Director, Alexandria Real Estate Equities, Inc. "We have worked closely with the City of Cambridge on this project and look forward to moving forward with the development of a truly unique, world-class life science cluster that will attract leading research organizations, pharmaceutical and emerging biopharmaceutical companies to an already vibrant broad and diverse life science community."

http://www.tocci.com/2010/01/100-binney-street/


http://www.tocci.com/2010/01/100-binney-street/

Last edited by desertpunk; October 2nd, 2013 at 07:01 PM.
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Old October 19th, 2011, 06:04 PM   #2
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I work about 50 feet from this site. They have demolished the old commercial park buildings and have completely cleared out the area. It is about a block long and said about 11 acres. I'll go down there tomorrow when it's nice out and take some pictures. I believe it will be about a 10 story building, as most of the bio-tech buildings in this area are around that height. I'll also ask the construction guys around here when they plan on start building.
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Old October 20th, 2011, 05:41 PM   #3
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10/20/11. So this is the plot of land that they are clearing out.

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Old October 21st, 2011, 09:00 PM   #4
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10/21/11

So here's a better view of the whole plot of land. Spoke to a cop who said that the entire block of offices across the street were getting knocked down too to make way for a soccer field. Gunna be a lot of changes in this MIT area.

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Old November 2nd, 2011, 06:43 PM   #5
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10/28/11.

Still just clearing out the area.


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Old November 10th, 2011, 12:21 AM   #6
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11/1/11.

I'm a couple of days behind, but as of today they have starting digging, making way for the construction. I prob won't update it for another week until they have really started making progress.

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Old November 10th, 2011, 05:15 AM   #7
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Quote:
Originally Posted by Paopao021 View Post
it looks a little you know... thanks for sharing and let me know the dark picture of the society.
I have no idea what this means at all.
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Old November 30th, 2011, 10:01 PM   #8
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11/30/11

They are putting the dirt down and placing marks where they are going to start digging.


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Old December 27th, 2011, 09:35 PM   #9
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12/27/11




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Old February 2nd, 2012, 04:30 PM   #10
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Nothing new to report yet. The area is still sitting undeveloped. They are probably waiting until after the winter to dig, however we have not received any snow yet haha.
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Old September 6th, 2012, 04:56 PM   #11
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They have knocked down the buildings behind this area, so it looks like they are going to do a 2 block development. It is still rediculously slow however.
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Old October 2nd, 2013, 06:56 PM   #12
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Work well underway:


May 4 2013

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IMG_8869 by kz1000ps, on Flickr

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IMG_8870 by kz1000ps, on Flickr
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Old October 2nd, 2013, 07:02 PM   #13
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New construction north of Binney Street by bujcich, on Flickr
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Old October 2nd, 2013, 08:24 PM   #14
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9.25

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75-125 Binney 9/25 (raising above the roofs) by snagshead67, on Flickr
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