University Park expansion (300 Massachusetts Avenue)300 Massachusetts Avenue, Cambridge, MA
Status: In construction
Themes: Innovation and collaboration
Renovation and renewal
MIT and Forest City are working together to revive and redevelop an underused section of Massachusetts Avenue, enriching the innovation district with new research and retail spaces.
Themes and priorities
MIT has entered into an agreement with longtime development partner Forest City on a collaboration to redevelop a dilapidated portion of Massachusetts Avenue – part of the 300 Mass Ave block adjacent to MIT dormitory Random Hall. This project involves replacing existing buildings that are run down and underutilized with a new mixed-use building designed to bring significant new retail vitality to the area and provide research space to enable further growth of the Cambridge Innovation Cluster.
Now fully permitted, 300 Mass Ave is moving into the construction phase, with completion and occupancy anticipated in early 2016. The research and office portions of the building – all but 15,000 square feet that has been designated for retail uses – will be occupied by Millennium/Takeda, a life science company that is currently in University Park at MIT and will be expanding its footprint to support a more extensive research program. Retail shops and restaurants will occupy nearly the entire frontage of the building along Massachusetts Avenue, and will be identified when construction of the project is further along.
The 300 Mass Ave project represents a significant commitment to strengthening retail vitality and enhances the pedestrian street-level experience. This project supports MIT’s goal to continuously improve its surrounding physical environment for the benefit of the broader Cambridge community, our students, faculty, and staff, and neighboring innovation companies.
Architect: KlingStubbins, Cambridge, MA
MIT team: John McQuaid, Patrick Rowe, MIT Investment Management Company