Enterprise Research Campus Underway

Construction will begin next week.

An artist’s rendering of the Enterprise Research Campus East lab

An artist’s rendering of the Enterprise Research Campus East Lab

Rendering courtesy of Tishman Speyer

Tishman Speyer, the developer Harvard selected to build its Enterprise Research Campus in Allston, announced on June 16 that it had secured $750 million in financing to build the first, 9-acre phase of the development project. In a statement, the company said that this represents the largest construction financing package in the United States to date in 2023. Construction will begin next week—the week of June 19—and the buildings—including 440,000 square feet of laboratory and office space, a hotel, a 342-unit rental apartment building, and a University conference center named the David Rubinstein Treehouse—are expected to open in late 2025 or early 2026.  

The 900,000-square-foot mixed use project will include retail shops and restaurants at street level, and more than two acres of open space. 


An artist’s rendering of a residential street within the Enterprise Research Campus
Rendering courtesy of Tishman Speyer

As previously reported, more than a quarter of all the housing units in the first phase will qualify as affordable. According to the statement from Tishman Speyer, the project also represents one of the largest inclusionary investor initiatives in Boston history: $30 million of the project’s equity investment comes from black and Hispanic individuals and households. Minority- and women-owned construction firms will participate in building the project. And Tishman-Speyer said that it is committed to including small, local, minority and women-owned retailers in the ground floor spaces.

The project aims to achieve a LEED Gold certification for sustainability. 

Read more articles by Jonathan Shaw

You might also like

Roche to Be Tenant in Allston

First lease for Harvard’s commercial enterprise zone

Harvard Land Development Plans for Allston

Harvard presents its 10-year plan for institutional development in Allston.

Brief News Summary Harvard Spring 2025

President Garber’s private installation, settling antisemitism suits, challenging institutional neutrality, and more

Most popular

Two Years of Doxxing at Harvard

What happens when students are publicly named and shamed for their views?

A New Narrative of Civil Rights

Political philosopher Brandon Terry’s vision of racial progress

Do Mitochondria Hold the Power to Heal?

From Alzheimer’s to cancer, this tiny organelle might expand treatment options. 

Explore More From Current Issue

Man splashing water on his face at outdoor fountain beside woman holding cup near stone building.

Why Heat Waves Make You Miserable

Scientists are studying how much heat and humidity the human body can take.

Two people moving large abstract painting with blue V-shaped design in museum courtyard.

A Harvard Art Museums Painting Gets a Bath

Water and sunlight help restore a modern American classic.

Illustration of scientists injecting large syringe with mitochondria into human heart.

Do Mitochondria Hold the Power to Heal?

From Alzheimer’s to cancer, this tiny organelle might expand treatment options.