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Forest City: Boston 

38 Sidney Street

Cambridge  Massachusetts  02139  U.S.A.
Phone: 617-225-0310 Fax: 617-225-0311


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Forest City: Boston is part of Forest City Enterprises, one of the largest publicly-traded real estate firms in the United States. Known for its ability to create lively, mixed-use environments at complex urban sites, the company's "city strategy" has brought interest and residents back to urban areas throughout the country. In Boston, Forest City's flagship property is University Park at MIT, a $650 million biotechnology campus adjoining the Massachusetts Institute of Technology. When fully complete in 2005, the Park will comprise 2.3 million square feet over 27 acres, including ten research and office buildings: four residential complexes: 250,000 square feet of hotel, restaurant, and retail space: and structured parking for 2,700 cars.

Conceived as a technology-oriented business park in a thriving campus environment, University Park has evolved into one of the premier centers for biotech and biomedical research in the United States. Amenities include three acres of landscaped parkland, concierge service for residential and commercial tenants, several restaurants, a hotel with executive conference center, a full-service grocery store, banking services, and an on-site childcare center.

Major biotech firms calling University Park home include Acambis, Alkermes, Ariad Pharmaceuticals, Aventis Pharmaceuticals U.S., Genzyme, Millennium Pharmaceuticals, and Partners HealthCare.

100 Landsdowne Street, a 241,000 square-foot facility set on the last R&D site at University Park, is now available for lease. Building details are posted at www.fceboston.com/portfolio_up_biotech.asp.

Last Updated: 01-09-03


 Key Statistics


Email:
Ownership: Public

Web Site: Forest City: Boston
Employees:
Symbol: FCE/B
 



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