DivcoWest, founded in 1993, is a privately owned real estate investment firm with offices in San Francisco and Boston. The company has acquired more than 30 million square feet of commercial space throughout the United States. DivcoWest and its affiliates are currently managing over $2.5 billion of equity. Presently under management are both commercial and residential assets, including the underlying debt.
Jul 31, 2019
Electrical Permit Pulled for Parcel G at Cambridge Crossing
An electrical permit has been issued for the upcoming 12 story office and lab building on Parcel G within Cambridge Crossing. The parcel G building will feature around 450,000 square feet of space along with parking for 400+ cars. This building along with the neighboring Parcel H building also under construction will be home to Sanofi. The pharmaceutical giant who will house around 2,700 workers between the two new state of the art facilities. Construction is expected to be complete in 2021.
Jun 14, 2019
Foundation Work Ongoing for Parcels G and H at Cambridge Crossing
Foundation work is underway at both Parcels G & H within Cambridge Crossing for two upcoming office & lab buildings that will be home to Sanofi. In total, the buildings will feature around 900,000 square feet of space and parking for nearly 850 cars and almost 300 bicycles. Next to Parcel G, a new green space will also be created to be known as Baldwin North. Construction on both buildings is expected to be complete in 2021.
Jun 12, 2019
Steel Structure in Place for Restaurant Space at Cambridge Crossing
The steel structure is in place for what will be Cambridge Crossing's dining destination The Shed, to feature cuisine from local chef Will Gilson. The property will feature a full-service restaurant, cocktail bar and outdoor space. Construction is expected to be completed in early 2020.
Jun 10, 2019
Exterior Work Nearly Complete for 250 North St. in Cambridge Crossing
Exterior work is nearly complete for 250 North Street, future home of Philips North America in Cambridge Crossing. The 430,000 square foot lab and office building will also include 17,000 square feet of ground-floor retail, 3 levels of underground parking and a bike room with lockers and shower facilities. Construction is expected to wrap up in the first quarter of 2020.
May 29, 2019
Local Restauranteur to Open New Space at Cambridge Crossing
Local restaurant owner and chef Will Gilson and his team are planning a new restaurant in the heart of Cambridge Crossing to feature a cafe, full-service restaurant, cocktail bar, and outdoor space. Gilson owns the popular Puritan & Co. restaurant in Cambridge’s Inman Square. The new restaurant space will be inside a stand-alone building Cambridge Crossing is referring to as the Shed and is expected to open in early 2020.
Rendering: Steelblue, Courtesy of DivcoWest.
Mar 23, 2019
Construction Underway for Parcels G and H at Cambridge Crossing, Future Home of Sanofi
Construction is underway for the next two buildings at Cambridge Crossing on Parcels G & H. The new office/lab buildings will contain a total of around 900,000 square feet, all of which has been leased to Sanofi. Sanofi plans to bring 2,700 workers to the "wired" neighborhood when construction of their new space is complete in 2021.
Jan 25, 2019
Construction Continues on 250 North in Cambridge Crossing
Construction continues on 250 North Street in Cambridge Crossing the future home of Phillips Headquarters. Phillips has leased 243,000 square feet of the 430,000 complex. The state of the art facility has already received a Platinum level Wired Certification. The entire Cambridge Crossing development will, in fact, be designed for a full neighboorhood Wired Certification. This certification denotes the highest level of connectivity and when complete will only be the second neighborhood in the U.S. to receive this designation.
Construction on 250 North is scheduled to be complete in the first quarter of 2020.
Sep 18, 2018
Exterior Work Ongoing at 250 North Street in Cambridge Crossing
Exterior work is ongoing at 250 North Street in Cambridge Crossing. The upcoming 430,000 sf office and lab space will be home to Philips North American Headquarters. Tina Snyder, Director of Marketing at DivcoWest, told BLDUP the construction team expects the building to be complete in the fourth quarter of 2019. While construction is ongoing the development team is working to integrate Cambridge Crossing into the surrounding community through events at the site, including the CX Summer Nights series that wraps up this week.
Jul 11, 2018
Phase II Complete at Ava North PointCallahan Construction Managers has completed construction on Phase II of AVA North Point in Cambridge. The 265 total unit luxury buildings (2), developed by AvalonBay Communities, features a mix of studio, one, two, and three bedroom residences. Resident amenities include a 24hr fitness center, gaming lounge, pool, elevated courtyard, pet spa, and a bike workshop with a unique DIY space.The distinct apartments exterior was designed by Kyu Sung Woo Architects Inc. with CUBE 3 Studio designing the interior units. Most feature sliding barn doors, gear walls, utility charging stations, and chalkboard walls. In addition, the apartments include stainless steel appliances, granite countertops, in-unit laundry, and are designed for LEED Silver sustainability.Callahan's work on the six-story, wood framed building also includes 3,000 square-feet of retail space on the ground floor and three levels of underground parking. AVA North Point is ideally situated less than a 5 minute walk from the Lechmere MBTA station and just one mile from Boston.
Jun 26, 2018
Topping Off at Cambridge CrossingThe future home of Philips North America in Cambridge, MA has topped off. The new headquarters for the company will relocated 2,000 employees from their current facilities in Andover. The move is an attempt to help Philips broaden their business to also include the health technology sector.Cambridge Crossing is 45-acre, 4.5-million-square-foot transit-oriented mixed-use development located in the heart of Greater Boston at the intersection of Cambridge, Somerville and Boston steps from life science and technology hotbed Kendall Square. Upon completion, Cambridge Crossing will feature 2.1 million square feet of state-of-the-art science and technology-geared office space, 2.4 million square feet of residential space with 2,400 residential units and 100,000 square feet of retail, presenting a strong headquarters and campus opportunity.
Feb 26, 2018
Finishing touches underway at AVA North Point luxury apartments in East Cambridge, built by Callahan Construction Managers
The exterior facade of AVA North Point, a new six-story, wood framed, 265-unit luxury apartment community, has been completed. The complex, developed by AvalonBay Communities and built by Callahan Construction Managers, is set to open this summer. In addition to the façade completion, finishes are currently being installed within apartments that include granite countertops, stainless steel appliances, hard surface flooring and in-unit washers and dryers. Common spaces, including lounges, a fitness center, landscaped elevated courtyards and a swimming pool are also being fit out.
AVA North Point will feature studio, one-, two- and three-bedroom apartments, efficiently designed to LEED Silver sustainability specifications. The community will also include a 3,000-square-foot ground-floor retail space and three levels of underground parking. AVA North Point is located steps from the Lechmere MBTA Green Line station, Kendall Square and the 45-acre, 4.5-million-square-foot Cambridge Crossing development, soon to be home to the North American headquarters of global healthcare technology leader Philips. The following is a photograph of AVA North Point:
Jan 12, 2018
Philips to move North American headquarters to Cambridge Crossing
Global healthcare technology leader Philips will move its’ North American headquarters to 243,000 square feet at 250 North Street, the first science and technology building at the 45-acre, 4.5-million-square-foot Cambridge Crossing development in East Cambridge. A total of 2,000 employees will work out of Philips’ new office, which will open in 2020. Philips' North American headquarters are currently located just north of Boston in Andover, MA.Philips is the first commercial tenant at Cambridge Crossing, which upon completion will feature 2.1 million square feet of state-of-the-art science and technology-geared office space, 2.4 million square feet of residential space with 2,400 residential units and 100,000 square feet of retail located minutes from Kendall Square. Just 170,000 square feet of science and technology space and 17,000 square feet of retail now remain for lease at 250 North Street, which is 57%-leased.250 North Street began construction in 2017 on a speculative basis and is located steps from the soon-to-open relocated Lechmere MBTA Green Line station, and minutes from Kendall Square and Downtown Boston. “As a leader in health technology, our move to the Cambridge-Somerville area further positions Philips as a key player in this vibrant, growing healthcare technology ecosystem,” said Dr. Joe Frassica, Chief Medical Officer and Head of Research for Philips North America, in a prepared statement. “This move will enhance our ability to collaborate with existing academic partners and customers. In addition, we will be better able to expand our work with the amazing Cambridge and Boston Healthcare innovation and start-up community that will help us to co-create the solutions needed to drive real change in the healthcare industry.”
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