{"id":1004053476,"date":"2012-04-01T19:58:02","date_gmt":"2012-04-02T03:58:02","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=41943"},"modified":"2022-12-08T20:03:25","modified_gmt":"2022-12-09T04:03:25","slug":"seaport-square-adds-5-m-innovation-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/seaport-square-adds-5-m-innovation-center\/","title":{"rendered":"Seaport Square Adds $5 M Innovation Center"},"content":{"rendered":"<p style=\"text-align: justify\">By Veronica Grecu, Associate Editor<\/p>\n<p style=\"text-align: justify\">A $5 million plan for a new \u201cInnovation Center\u201d at the South Boston Waterfront that would provide low-cost meeting space for start-up businesses and support the high-tech industry was revealed last week by Mayor Thomas Menino.<\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/03\/innovation-center-boston.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-41944\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/03\/innovation-center-boston.jpg\" alt=\"\" width=\"300\" height=\"145\" \/><\/a>Designed by architecture firm Hacin + Associates Inc, the one-story structure will include 9,000 square feet of meeting space and a 3,000-square-foot restaurant that opens on a patio across from Fan Pier Park. The Center will replace a parking lot between Seaport Boulevard and Northern Avenue, in a part of Boston \u201cthat\u2019s growing the most,\u201d as Mayor Menino declared during his speech at the annual meeting of the Boston Municipal Research Bureau.<\/p>\n<p style=\"text-align: justify\">Work at the 12,000-square-foot Boston Public Innovation Center will start in three weeks and is scheduled for completion by early 2013, reports <em>The Boston Globe<\/em>. Once opened, the new Innovation Center will be self-supporting, based on the revenue from the restaurant and the fees paid by the start-up companies. The project is part of a $3 billion plan that aims to create a 6.3 million Seaport Square filled with office buildings, residential towers, hotels, stores and public spaces developed by local real estate development and consulting firm Boston Global Investors.<\/p>\n<p style=\"text-align: justify\">The new Innovation Center will be managed by the Cambridge Innovation Center (CIC), notes <em>BostInno<\/em>. CIC operates six floors of a building located in Kendall Square that serves 450 start-up companies.<\/p>\n<p style=\"text-align: justify\"><em>Illustration courtesy of\u00a0Hacin + Associates website<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Veronica Grecu, Associate Editor A $5 million plan for a new \u201cInnovation Center\u201d at the South Boston Waterfront that would provide low-cost meeting space for start-up businesses and support the high-tech industry was revealed last week by Mayor Thomas Menino. Designed by architecture firm Hacin + Associates Inc, the one-story structure will include 9,000 [&#8230;]<\/p>\n","protected":false},"author":258,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21784,21782,21742,21747,21785,21787],"tags":[],"class_list":["post-1004053476","post","type-post","status-publish","format-standard","hentry","category-boston","category-brokerage","category-development","category-latest","category-office","category-property-management","category-technology"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Seaport Square Adds $5 M Innovation Center - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/seaport-square-adds-5-m-innovation-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seaport Square Adds $5 M Innovation Center\" \/>\n<meta property=\"og:description\" content=\"By Veronica Grecu, Associate Editor A $5 million plan for a new \u201cInnovation Center\u201d at the South Boston Waterfront that would provide low-cost meeting space for start-up businesses and support the high-tech industry was revealed last week by Mayor Thomas Menino. 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