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Boston & New England  + Metro Boston  + Office  |  November 2, 2022
BioMed Realty has broken ground on its 585 Kendall life-science facility in Cambridge, MA.
Lisa McDuffie
By: Lisa McDuffie

BioMed Realty Celebrates Start of Life-Science Facility with Performing Arts Component

BioMed Realty, alongside Takeda and Global Arts Live, celebrated the groundbreaking of 585 Kendall in the Kendall Square neighborhood of Cambridge, MA.

The 600,000-square-foot, 16-story development, set for occupancy in 2026, will provide full-lease tenant Takeda with lab and office space. It will also offer a 30,000-square-foot performing arts center launched in collaboration with Global Arts Live that includes a 400-seat theater, 150-seat commons stage set in an indoor garden, a rehearsal studio and ground-floor gathering spaces.

“BioMed is proud to provide state-of-the-art, sustainable lab office infrastructure to support Takeda’s critical research and development, while simultaneously delivering on our commitment to the Cambridge community to provide a culturally-driven public community space,” said Tim Schoen, CEO of BioMed Realty

BioMed has committed to spend $45 million to build and equip the performing arts center. Global Arts Live is conducting a $15-million fundraising campaign to launch 585 Arts, a nonprofit organization created by BioMed and Global Arts Live to support and operate the building’s performance spaces.

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Inside The Story

BioMed Realty's Schoen

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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