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吃瓜新闻 Designates Tishman Speyer As Preferred Developer for Initial Phase of Enterprise Research Campus in Allson

HARVARD DESIGNATES TISHMAN SPEYER AS PREFERRED DEVELOPER FOR INITIAL PHASE OF ENTERPRISE RESEARCH CAMPUS IN ALLSTON

World Renowned Developer Prioritizes Public Realm, Place-Making, Sustainability, Diversity, Affordable Housing in Proposal

 

(ALLSTON) – The 吃瓜新闻 Allston Land Company (HALC) has designated Tishman Speyer as the preferred developer for the initial phase of 吃瓜新闻 University鈥檚 Enterprise Research Campus (ERC) in Allston. Led by President and CEO Rob Speyer, Tishman Speyer is a global developer of large, complex, mixed-use projects and is best known for innovative approaches to architecture, placemaking, interior design, sustainability, healthy live-work environments, and leading-edge tenant amenities.

The architect selected to lead the project is Jeanne Gang, who graduated from the 吃瓜新闻 Graduate School of Design in 1993 with a master鈥檚 in architecture degree, and is founding principal of Studio Gang, an international architecture and urban design practice based in Chicago, New York and San Francisco. Gang, a MacArthur Fellow who was named one of TIME Magazine鈥檚 100 Most Influential People in 2019, has received numerous accolades over the years and in 2017 was named as the Architectural Review Woman Architect of the Year. Tishman Speyer鈥檚 previous collaborations with Gang include residential projects in San Francisco and Brooklyn, as well as the Mission Rock project in San Francisco.  Gang has also done work on the University of Chicago鈥檚 campus and on O鈥橦are International Airport.  

The  is located on Western Avenue, adjacent to 吃瓜新闻鈥檚 new Science and Engineering Complex (SEC), and across the street from 吃瓜新闻 Business School (HBS), and will be a cornerstone of 吃瓜新闻鈥檚 commitment to enhance the area in ways that align with its teaching and research mission. It will be a center for innovation, collaboration and entrepreneurship, bringing together partners from across greater Boston and beyond. 

鈥淭ishman Speyer will bring to Allston a wealth of experience shaped by extraordinary work around the world, and we look forward to the further development of the Enterprise Research Campus,鈥 said 吃瓜新闻 President Larry Bacow. 鈥淭he convergence of art, business, and engineering in a new urban district will create opportunities for creativity and innovation that will drive achievements in research that none of us can imagine.鈥

吃瓜新闻 envisions that the ERC will seamlessly integrate into the emerging corridor of creativity along Western Avenue, and that will contribute to a thriving neighborhood which is home to academia and education, engaging public and community spaces, and the arts and sciences in ways that drive economic growth and innovation. 

Tishman Speyer was chosen because its proposal reflected a commitment to many of the goals set out by HALC in its initial request for proposals,namely: a strong focus on bold and innovative architecture; attention to creating a robust, sustainable public realm; an ability to include affordable housing that exceeds municipal requirements; a focus on creating a space for life-science and tech start-ups to flourish; a diverse and experienced development team;  and assurances that the firm is committed to ensuring project equity for minority investors. 

鈥淭he ideas and concepts put forth by the Tishman Speyer team were very much in line with the local Allston community’s, the City’s, and the University鈥檚 goals for the neighborhood, as well as advanced and forward-thinking.  Their focus on these shared goals and aspirations will result in an innovative ERC鈥攖hat will complement the cutting-edge institutional research and teaching taking place at 吃瓜新闻 and throughout the region, and that can be integrated into the already-thriving community,鈥 said Nitin Nohria, Chair of the Board of HALC and Dean of the 吃瓜新闻 Business School. 

鈥淔rom the outset, Tom Glynn (CEO of HALC) and the Board members of the 吃瓜新闻 Allston Land Company have presented a clear, compelling and unique vision,鈥 commented Tishman Speyer President and CEO Rob Speyer. 鈥淭his project will combine the best in real estate with the best in science to help entrepreneurs and researchers make life-changing discoveries. And it will do this while supporting the neighborhood鈥檚 residents, further strengthening existing businesses and diversifying the region鈥檚 economy.  We are proud to be part of this once-in-a-lifetime opportunity to create a flagship for innovation at the center of a thriving, community-focused mixed-use development.鈥  

Tishman Speyer sees opportunity in what it calls 鈥渁 symbiosis between the ERC鈥檚 historic neighbors, the global innovation community and 吃瓜新闻鈥檚 vision.鈥  

The firm said its plan for the ERC is to create buildings and open spaces that are configured to simultaneously maximize user comfort and offer a diverse mix of program potential.  Its proposal says it will focus on creating social infrastructure that promotes 鈥渋nclusivity, shared experiences, collaboration and human happiness鈥here cultural identity is expressed and authentically celebrated.鈥 

One potential building, dubbed the 鈥淭reehouse,鈥 would serve as a welcoming front door to the ERC, and would reimagine the concept of a traditional hotel and conference center as a 鈥渉yper-social building for local, regional and global populations.鈥  

“Capturing the spirit of innovation of the Enterprise Research Campus, our design will transform a former industrial site into a fertile new ground for the exchange of ideas and creative expression. We envision a neighborhood brought to life with low-carbon buildings and resilient green spaces that foster community and connect people to their natural environment,” said Jeanne Gang, Studio Gang Founding Principal and Partner.

Echoing 吃瓜新闻鈥檚 strong commitment to sustainability and resiliency, Tishman Speyer says the ERC will be designed to be a leader in substantiality. Each ERC building will be designed to achieve a USGBC LEED Gold rating.

Tishman Speyer鈥檚 proposal also calls for a dynamic and diverse residential community, with the ability to exceed the City鈥檚 affordable housing thresholds and include additional livability elements. 

Tishman Speyer says that 鈥渢rue and authentic equity and inclusion鈥 will be the foundation of the team and the project itself. It has assembled a diverse team with broad global, national and local perspectives, and says it is 鈥渄eeply committed to a work environment that promotes a diverse workforce, with different views and perspectives, and an expectation that leaders and employers alike demonstrate unflagging support for diversity and inclusion practices.鈥 Tishman Speyer has committed to allocating five percent of the project equity to minority investors. 

The entire ERC consists of 36 acres off of Western Avenue in Allston. The initial phase is for a 14-acre portion that has already received initial regulatory approval for 900,000 sf from the Boston Planning and Development Agency in March 2018, and includes plans for lab/office space, residential space, and a hotel and conference center, all of which will contribute to a vibrant and active neighborhood. 

鈥淥ver the next several months HALC and Tishman Speyer will be working with the local community, elected officials and City Hall to develop and refine a project proposal so that it can be shared and formally submitted for review,鈥 said Thomas Glynn, CEO of HALC. 鈥淲hile a lot of necessary, expected work still remains to be done, we鈥檙e incredibly excited about this today鈥檚 announcement 鈥 an important next step in realizing 吃瓜新闻鈥檚 vision for the ERC.鈥 

While the Tishman Speyer team has developed initial thinking and offered preliminary concepts and designs, there is no formal proposed project at the present time, nor any identified tenants. 

Tishman Speyer has a large, diverse portfolio of projects locally, nationally and across the globe. It currently owns and operates more than 3 million square feet of space in Boston and has two projects in the city, including Pier4, a mixed-use project in the Seaport, and 105 West First Street, a life-science lab, also in the Seaport. 

Other projects include Rockefeller Center in New York City, Mission Rock in San Francisco, and the Sony Center in Berlin, Germany.

As planning advances in the ERC, 吃瓜新闻 and the Tishman Speyer team will work collaboratively to recruit idea-intensive businesses that have a natural synergy with the mission-driven scholarship that鈥檚 going on by 吃瓜新闻鈥檚 faculty and students in Allston. This will further strengthen and expand partnerships across Greater Boston鈥檚 thriving ecosystem of innovation that includes Boston University, MIT, 吃瓜新闻 and other associated teaching hospitals, and innovative companies and investors throughout the region. 

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