Alexandria began as a garage startup with a unique vision to create a new kind of real estate company uniquely focused on serving the life science industry.
We named the company after Alexandria, Egypt, the scientific capital of the ancient world, renowned for its iconic lighthouse whose beacon today still evokes the noble pursuit of scientific advancement and revolutionary breakthrough discoveries.
Over the last 24 years, we have established ourselves as the leader in owning, operating, and developing collaborative and dynamic life science and technology campuses in key urban innovation cluster locations.
Sep 16, 2019
Construction Nearly Complete for GE’s Renovation at Necco Court
Months after scrapping plans for a larger tower on the site, GE is wrapping up construction on renovations to the historic buildings on Necco Court. After deciding not to move forward with the new construction aspect of the project GE sold the site to Alexandria Real Estate and signed a 12-year lease for the warehouse buildings. The 100+-year-old brick and beam warehouses are currently being fully renovated and will include a bistro and modern office space for around 250 GE employees.
As part of the project the Necco Court bridge is being restored with half of the bridge’s facade being replaced with new metal, while the side facing the Fort Point Channel will be replaced with glass. Gensler is the architect on the project and Eversource provided energy efficiency solutions. Eversource is supporting a number of energy-efficient building elements in this project with incentive dollars, including energy-efficient lighting and lighting controls, high performing chillers, pumps, windows, walls and roof materials with high insulating values. Construction is expected to wrap up in the coming months.
Aug 21, 2019
Steel Framing Ongoing for 50 Rogers St. in Kendall Square
Steel framing is rising for the upcoming 6-story residential building at 50 Rogers Street in Kendall Square. The U-shaped building is set to include 136 apartments along with parking for 102 cars in a below-grade garage. Units will be a mix of studio, 1, and 2 bedrooms. 50 Rogers is expected to welcome first residents next summer.
Photo Courtesy Dimella Shaffer
Jun 11, 2019
Steel Work Expected to Kick Off Soon for 50 Rogers St. in Kendall Square
Construction on the two-level underground garage at 50 Rogers Street in Kendall Square is nearly complete and steel erection is expected to start soon. The 6-story project will feature 136 rental units along with parking for 102 cars and 142 bicycles. The building that has been designed with cues from the historic industrial buildings in Kendall Square is expected to be complete in Summer 2020.
May 09, 2019
Innovation Point Acquired for $252 Million
Alexandria Real Estate Equities has acquired the property at Innovation Point in Boston, MA for $252,000,100 from GE and MassDevelopment.
The parcel consists of two historic six-story brick Boston Wharf Company warehouse buildings at 5 and 6 Necco Street and a section of the existing Gillette parking lot. Designed by Gensler, GE's approximately 2.5-acre, 390,000 square foot campus will restore the existing warehouses. Approximately 1.5 acres of public space will be constructed at Innovation Point, including a Harborwalk extension. The campus will also include a coffee bar and waterfront restaurant space on the ground floor.
Mar 28, 2019
Fort Point Parking Garage Sells for $81.1 Million
The parking garage at 10 Necco Street in Boston's Fort Point neighborhood has been acquired by Alexandria Real Estate Equities for $81.1 million.
The property features a six-story, 160,180 square foot parking garage that was built in 1994.
Mar 22, 2019
Life Sciences Building at 99 A Street Officially Under Review
The proposed new 6-story life sciences building at 99 A Street in South Boston is now under review. The Elkus Manfredi designed project would include 210,000 square feet of life science and technical office space. A basement-level parking garage would hold around 76 vehicles and there could also be a small retail space on the A Street side of the building. Construction is anticipated to start in 2020 with completion by 2022.
Feb 25, 2019
Construction Complete at 399 Binney in Cambridge
Construction is now complete for the 164,000 square foot office, lab, and retail project at 399 Binney Street in Kendall Square. Over 75% of the space is already spoken for with new tenants, Rubius Therapeutics, Relay Therapeutics and Celsius Therapeutics in the process of fit-out and move in. The building also features a green roof deck.
Feb 25, 2019
Work Ongoing for Below Grade Parking at 50 Rogers St. in Kendall Square
Work is going for the two-level below grade parking garage that will hold just over 100 cars and 142 bikes at 50 Rogers Street. The project in Kendall Square will feature 136 rental units along with a landscaped courtyard and ground floor tenant amenity space. Construction is expected to be complete in Summer 2020.
Feb 11, 2019
Renovation Moves Forward at Innovation Point as GE Scraps Plans for New Tower
Renovations of two historic buildings in Fort Point continue as GE announces it will scrap plans for the second phase of the project, a new 12-story tower. Instead of the original 800 person campus, GE’s headquarters now will have about 250 employees in the two refurbished buildings. GE plans to lease the buildings, after selling them and the adjacent land for the tower jointly with the state to recoup the $25 million tax incentive received from the city.
At the site currently, structural steel for the glass enclosure connecting the two buildings has been erected and window install is ongoing. The crane on site is supporting the erection of the structural steel for the roof and the new 6th floor on the west building. Rough-in of interior walls and interior masonry restoration is also underway in both buildings. Construction is set to be complete by the middle of this year.
Jan 16, 2019
Alexandria Submits LOI for South Boston Life Sciences Development
Alexandria Real Estate Equities has submitted a letter of intent for a new life sciences development at 99 A Street in South Boston, MA.
The development would have a height of approximately 6 stories and 95 feet to the top of its roof, with a floor area of approximately 210,000 square feet, a first-level loading dock, and basement-level parking for approximately 75 vehicles.
Nov 20, 2018
Site Work Underway at 50 Rogers Street in Kendall Square
Site work is underway for the upcoming 6-story residential building just steps from busy Kendall Square. The project is set to include 136 units and two levels of below-grade car and bike parking. The building will also feature a common courtyard in the center of the U-shaped design.
Nov 19, 2018
Demo Nearing Completion at 303 Binney Street
Demolition of the Metropolitan Pipe and Supply Company warehouse at 303 Binney Street is wrapping up to make way for the upcoming 163,000sf office/lab project from Alexandria Real Estate Equities. Alexandria acquired the 3.63-acre site in 2017. The site is located steps from One Kendall Square, another Alexandria owned development.
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