585 Third Street

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About 585 Third Street

Kendall Square, Cambridge, 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 upcoming 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, for $20-$25M.

Construction is expected to be complete in Q4 of 2025.

585 Third Street Overview

Last Update: 02/08/24
Address: 585 Third Street
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