The Engine Opens New HQ in Cambridge to Support Early Stage “Tough Tech”
The Engine — a venture capital firm built by MIT — has opened new headquarters at 750 Main in Cambridge, MA. The 155,000-square-foot building, located between Kendall Square and Central Square, is comprised of bio and chem labs, industrial workshops and office and event space.
The Engine invests in “Tough Tech,” transformative technology that solves challenges through a venture fund, network and spaces and infrastructure.
The Engine’s new headquarters are in a building owned and developed by MIT – part of the Institute’s broader portfolio of investment real estate holdings in Cambridge that enhance the innovation ecosystem surrounding its campus. As a part of the wider MIT ecosystem, The Engine at 750 Main is an independently operated facility open to anyone in the Tough Tech community. The building has space for 80-100 companies (~1,000 people) to rent space, creating a cluster and density of activity around new technology to drive more rapid innovation.
The Engine at 750 Main is the newest addition to The Engine’s spaces and infrastructure pillar and includes the labs, workshops and capital-intensive tools Tough Tech founders need in the early stages of company creation, without the overhead of leasing and building out their own space. It will build on The Engine’s Central Square, Cambridge location and is intended to draw a community of innovators whose proximity to one another and critical resources will bring solutions to market faster.
The Engine at 750 Main is purpose-built to foster the Tough Tech ecosystem. The facility, which is housed in the former Polaroid building, includes biology labs, chemistry labs, shared labs to rent by the bench, medium lab suites (25 benches) and large lab suites (45 benches). Fabrication and engineering spaces include a 3D printing lab, optics lab, laser cutter, electronics room, open shop space for prototyping and fabrication, and a large machine shop with multiple tools and welding capabilities. The building also offers traditional office and meeting room space and can host events for companies and their collaborators in an open theater for up to 350 people.
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.
CRE courses for CE credits
Get CE course credits, centered around all things CRE. View our courses today!