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Boston & New England  |  February 9, 2021
David Cohen
By: David Cohen

BioMed Realty Secures Approvals for 16-Story MXU Project in Kendall Square

BioMed Realty has secured approvals from the Cambridge City Council to develop a modern mixed-use project in Cambridge’s Kendall Square. The 16-story building will house significant lab space, as well as dedicated indoor and outdoor public/cultural space.

The building will include a $40 million arts space and an additional $15 million public space and activity area. BioMed acquired the development site for $50.5 million in 2018 from tech philanthropist Glenn KnicKrehm. KnicKrehm had long promised to build a grand concert hall at the site. Current plans for the site call for a 250-foot, three-tiered lab tower with 40,000 square feet of public arts and culture space at its base.

Construction is expected to begin in March 2022 with an estimated completion date of 2024.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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