Hub of the Twenty-First Century’s Defining Advances

A bold vision meets the spirit of partnership

In 2019 Harvard University announced a competition to select a partner to develop an innovative 14-acre Enterprise Research Campus ("ERC") in Allston, Massachusetts, a neighborhood of Boston. We knew there was an ambitious challenge ahead. We had a bold vision for the ERC. Harvard also needed a trusted partner who could work closely with them, and who passionately believed in their values. In December of 2019, Harvard selected Tishman Speyer, and we began our partnership to develop a multifaceted diverse and inclusive neighborhood. This includes approximately 2 million square feet of life science laboratories, multi-family apartments including affordable units, a hotel, a conference center, and an innovative mix of retail and active ground floor programming along an open public space.

Creating a global capital of innovation

We will create a community that both enables the next generation of discoveries, and is inclusive and authentic. A place where a Boston native and a world-renowned researcher from halfway around the world both feel at home. A neighborhood where you could just as easily eat great ramen under the sounds of a local band, as you could bump into a scientist grappling with humanity’s most pressing challenges.

Design inspired by the surrounding community

Our design principles focus sustainability and green spaces that are open to all. We were inspired by Boston’s legacy of interconnected gardens. The center of the ERC is envisioned as a public park that serves as a platform for programming and human connection. We will configure buildings and open spaces to account for environmental considerations such as solar access, wind protection, and acoustics. Our design prioritizes a safe, clean, healthy place with a focus on community, connectivity and accessibility.

Commitment to diversity, equity and inclusion

Creating access and opportunity for minorities was of utmost importance to both Tishman Speyer and Harvard from the earliest stages of the project. The ERC will take major steps to advance our diversity, equity and inclusion goals – both at the project level and within the real estate industry. We have raised over $30 million of equity from more than 150 Black and Latinx investors. This is the largest inclusionary investor initiative (total dollars) for private development in the history of Boston. By incorporating diverse capital into the ERC we intend to provide true economic inclusion and wealth generating opportunities in communities of color.

Learn more about this effort

MBE/WBE participation

We are also creating new opportunities for increased participation of minority and women owned enterprises (“MBE/WBE”) in the ERC’s development. We have already awarded more than 30% of the value of the project’s preconstruction costs to MBE/WBEs. We have also committed to awarding at least 15% of construction costs to MBE/WBEs. Doing so will provide these firms with the experience to compete for large, complex projects in the future. And, when we open the project, we will curate a dynamic ground floor experience with the small, local, minority and women-owned retailers who bring our communities to life.