BIOTECNIKA BLOG

HARVARD DESIGNATES TISHMAN SPEYER AS PREFERRED DEVELOPER FOR INITIAL
PHASE OF ENTERPRISE RESEARCH CAMPUS IN ALLSTON

World Renowned Developer Prioritizes Public Realm, Place-Making,
Sustainability, Diversity, Affordable Housing in Proposal



(ALLSTON) - The Harvard Allston Land Company (HALC) has designated
Tishman Speyer as the preferred developer for the initial phase of
Harvard University's Enterprise Research Campus (ERC) in Allston. Led
by President and CEO Rob Speyer, Tishman Speyer is a global developer
of large, complex, mixed-use projects and is best known for innovative
approaches to architecture, placemaking, interior design,
sustainability, healthy live-work environments, and leading-edge
tenant amenities.

The architect selected to lead the project is Jeanne Gang, who
graduated from the Harvard Graduate School of Design in 1993 with a
master's in architecture degree, and is founding principal of Studio
Gang, an international architecture and urban design practice based in
Chicago, New York and San Francisco. Gang, a MacArthur Fellow who was
named one of TIME Magazine's 100 Most Influential People in 2019, has
received numerous accolades over the years and in 2017 was named as
the Architectural Review Woman Architect of the Year. Tishman Speyer's
previous collaborations with Gang include residential projects in San
Francisco and Brooklyn, as well as the Mission Rock project in San
Francisco.  Gang has also done work on the University of Chicago's
campus and on O'Hare International Airport.

The  ERC   is located on Western Avenue, adjacent to Harvard's new
Science and Engineering Complex (SEC), and across the street from
Harvard Business School (HBS), and will be a cornerstone of Harvard's
commitment to enhance the area in ways that align with its teaching
and research mission. It will be a center for innovation,
collaboration and entrepreneurship, bringing together partners from
across greater Boston and beyond.

"Tishman Speyer will bring to Allston a wealth of experience shaped by
extraordinary work around the world, and we look forward to the
further development of the Enterprise Research Campus," said Harvard
President Larry Bacow. "The convergence of art, business, and
engineering in a new urban district will create opportunities for
creativity and innovation that will drive achievements in research
that none of us can imagine."

Harvard envisions that the ERC will seamlessly integrate into the
emerging corridor of creativity along Western Avenue, and that will
contribute to a thriving neighborhood which is home to academia and
education, engaging public and community spaces, and the arts and
sciences in ways that drive economic growth and innovation.

Tishman Speyer was chosen because its proposal reflected a commitment
to many of the goals set out by HALC in its initial request for
proposals,namely: a strong focus on bold and innovative architecture;
attention to creating a robust, sustainable public realm; an ability
to include affordable housing that exceeds municipal requirements; a
focus on creating a space for life-science and tech start -ups to
flourish; a diverse and experienced development team;  and assurances
that the firm is committed to ensuring project equity for minority
investors.

"The ideas and concepts put forth by the Tishman Speyer team were very
much in line with the local Allston community's, the City's, and the
University's goals for the neighborhood, as well as advanced and
forward-thinking.  Their focus on these shared goals and aspirations
will result in an innovative ERC—that will complement the cutting-edge
institutional research and teaching taking place at Harvard and
throughout the region, and that can be integrated into the
already-thriving community," said Nitin Nohria, Chair of the Board of
HALC and Dean of the Harvard Business School.

"From the outset, Tom Glynn (CEO of HALC) and the Board members of the
Harvard Allston Land Company have presented a clear, compelling and
unique vision," commented Tishman Speyer President and CEO Rob Speyer.
"This project will combine the best in real estate with the best in
science to help entrepreneurs and researchers make life-changing
discoveries. And it will do this while supporting the neighborhood's
residents, further strengthening existing businesses and diversifying
the region's economy.  We are proud to be part of this
once-in-a-lifetime opportunity to create a flagship for innovation at
the center of a thriving, community-focused mixed-use development."

Tishman Speyer sees opportunity in what it calls "a symbiosis between
the ERC's historic neighbors, the global innovation community and
Harvard's vision."

The firm said its plan for the ERC is to create buildings and open
spaces that are configured to simultaneously maximize user comfort and
offer a diverse mix of program potential.  Its proposal says it will
focus on creating social infrastructure that promotes "inclusivity,
shared experiences, collaboration and human happiness…where cultural
identity is expressed and authentically celebrated."

One potential building, dubbed the "Treehouse," would serve as a
welcoming front door to the ERC, and would reimagine the concept of a
traditional hotel and conference center as a "hyper-social building
for local, regional and global populations."

"Capturing the spirit of innovation of the Enterprise Research Campus,
our design will transform a former industrial site into a fertile new
ground for the exchange of ideas and creative expression. We envision
a neighborhood brought to life with low-carbon buildings and resilient
green spaces that foster community and connect people to their natural
environment," said Jeanne Gang, Studio Gang Founding Principal and
Partner.

Echoing Harvard's strong commitment to sustainability and resiliency,
Tishman Speyer says the ERC will be designed to be a leader in
substantiality. Each ERC building will be designed to achieve a USGBC
LEED Gold rating.

Tishman Speyer's proposal also calls for a dynamic and diverse
residential community, with the ability to exceed the City's
affordable housing thresholds and include additional livability
elements.

Tishman Speyer says that "true and authentic equity and inclusion"
will be the foundation of the team and the project itself. It has
assembled a diverse team with broad global, national and local
perspectives, and says it is "deeply committed to a work environment
that promotes a  diverse workforce, with different views and
perspectives, and an expectation that leaders and employers alike
demonstrate unflagging support for diversity and inclusion practices."
Tishman Speyer has committed to allocating five percent of the project
equity to minority investors.

The entire ERC consists of 36 acres off of Western Avenue in Allston.
The initial phase is for a  14-acre portion that has already received
initial regulatory approval for 900,000 sf from the Boston Planning
and Development Agency in March 2018, and includes plans for
lab/office space, residential space, and a hotel and conference
center, all of which will contribute to a vibrant and active
neighborhood.

"Over the next several months HALC and Tishman Speyer will be working
with the local community, elected officials and City Hall to develop
and refine a project proposal so that it can be shared and formally
submitted for review," said Thomas Glynn, CEO of HALC. "While a lot of
necessary, expected work still remains to be done, we're incredibly
excited about this today's announcement – an important next step in
realizing Harvard's vision for the ERC."

While the Tishman Speyer team has developed initial thinking and
offered preliminary concepts and designs, there is no formal proposed
project at the present time, nor any identified tenants.

Tishman Speyer has a large, diverse portfolio of projects locally,
nationally and across the globe. It currently owns and operates more
than 3 million square feet of space in Boston and has two projects in
the city, including Pier4, a mixed-use project in the Seaport, and 105
West First Street, a life-science lab, also in the Seaport.

Other projects include Rockefeller Center in New York City, Mission
Rock in San Francisco, and the Sony Center in Berlin, Germany.

As planning advances in the ERC, Harvard and the Tishman Speyer team
will work collaboratively to recruit idea-intensive businesses that
have a natural synergy with the mission-driven scholarship that's
going on by Harvard's faculty and students in Allston. This will
further strengthen and expand partnerships across Greater Boston's
thriving ecosystem of innovation that includes Boston University, MIT,
Harvard and other associated teaching hospitals, and innovative
companies and investors throughout the region.

For more information please see the  Harvard Gazette.

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https://www.harvard.edu/media-relations/harvard-designates-tishman-speyer-preferred-developer-for-initial-phase-enterprise