Boston – Over the past several weeks, a new pawn has emerged in the competition between Kendall Square and the Innovation District, in attracting technology and pharmaceutical companies. Boston Properties, on behalf of their tenant, Google, recently announced a proposed expansion to the office space that they currently lease at 4&5 Cambridge Center, which set into motion the courtship of Google executives by Boston Mayor Tom Menino, and developer John Hynes.
The expansion would add 25,000sf of office space to Google’s current 300,000sf lease, and create an urban campus that better facilitates their working process. The tech giant is relying partially on this expansion to attract new candidates for their growing Cambridge office. If the additional space isn’t permitted, they say that they will look elsewhere, which is exactly what Mayor Menino is hoping for. He was on the phone within a few days of the initial announcement, trying to lure Google to the Innovation District in South Boston’s Seaport area. Although Google executives have not made comment on the Mayor’s offer, that didn’t stop Hub developer John Hynes from putting his name behind the offer, hoping to land them into one of his planned buildings
Although Kendall Square has long been synonymous with technology and pharmaceutical companies, Mayor Menino and developers such as John Hynes and Joe Fallon hope to establish a similar reputation in the Innovation District. There are currently two buildings under construction in the Innovation District, designed by Elkus Manfredi Architects and Tsoi/Kobus & Associates, as part of the Fan Pier project. This $3 billion development will be home to 1.1 million square feet of space for Vertex Pharmacuticals, who will make the first big move from Kendall Square to downtown the Seaport, making it the largest commercial lease in the history of Boston.
1. Boston Business Journal. “Google Cambridge Looks to Major Expansion.” Boston Business Journal. 12 Feb. 2012. Web. 14 Mar. 2012. http://www.bizjournals.com/boston/news/2012/02/28/google-cambridge-looks-to-major.html.
2. Boston Business Journal. “Hynes Looks to Lure Google to Seaport.” Boston Business Journal. 09 Mar. 2012. Web. 14 Mar. 2012. http://www.bizjournals.com/boston/blog/mass_roundup/2012/03/hynes-looks-to-lure-google-to-seaport.html.
3. Boston Business Journal. “Menino to Court Google for Boston’s Innovation District.” Boston Business Journal. 02 Mar. 2012. Web. 14 Mar. 2012. http://www.bizjournals.com/boston/news/2012/03/02/google-cambridge.html.
Photo: Cambridge Center, Cambridge, MA, by John Phelan, Wikipedia, published under Creative Com. lic.
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