BOSTON, MA – Wentworth Institute of Technology is the latest college set to cash in on Boston’s lab boom in a partnership with private developers.
The engineering school is partnering with The Fallon Co., Waldwin Development and The Owens Cos. on a proposed 630,000-square-foot life science and office project at 500 Huntington Ave.
The two-building development would replace an athletic field, surface parking and three smaller buildings.
Wentworth selected Huntington Development Group, a partnership of the three private real estate firms, in May 2022, following an analysis and solicitation by Cushman & Wakefield and Brailsford & Dunlavey.
The project will enable Wentworth to expand corporate partnerships, according to a notification form submitted Feb. 8 to the Boston Planning & Development Agency.
This is an excerpt from an article originally posted by Banker & Tradesman. Read the full piece here.