Project Progress: Under Official Review

Architects CBT Architects
Engineers VHB
Landscape Architects Michael Van Valkenburgh Associates
Developers BioMed Realty

About 585 Third Street

Kendall SquareCambridge, MA

The property features a .82-acre lot, formerly known as Constellation Center, located at 585 Third Street in Cambridge. BioMed Realty purchased the site in August 2018 for $50.5M.

Plans for the proposed project call for a 16-story lab/office building with retail, open space, community areas and a 30,000 square-foot arts venue. The arts and culture center would be suspended above the main lobby, taking up the second and third floors of the building  As part of the plan BioMed would also relocate the gas transfer station that currently sits on the site, at a cost of $20-$25 million.

Acquisition Cost $5,050,000.00
Square Feet 550,000
Sector

Art Gallery

Lab

Office

Retail

Stories 16
Height (feet) 250
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Latest Updates


Feb 28, 2020

BioMed Realty Releases Plans for Office/Lab Building at 585 Third St

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Aug 31, 2018

BioMed Realty has acquired the property at 585 Third Street in Cambridge for $50.5 million

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