Volpe Center Parcel Redevelopment Update 03/18/21
Frame and Core Construction Making Progress at Volpe
Steel framing and core construction are making headway at the Volpe Transportation Center site in Kendall Square. The 14-acre United States General Services Administration-owned parcel located in the heart of Kendall Square is being redeveloped in multiple phases by the Massachusetts Institute of Technology (MIT). MIT will pay the GSA $750 million for the right to own and develop the parcel.
In total, MIT proposes to construct approximately 1.7 million square feet of commercial development, including retail and active street uses, and approximately 1,400 housing units.