CAMBRIDGE, MA–King Street Properties and Healthpeak Properties celebrated with a grand opening of its new premier life science facility at 101 Cambridgepark Drive in Cambridge, Massachusetts.
The 160,000 square foot laboratory property was developed by King Street in the heart of the premier life science cluster.
“Not only does 101 Cambridgepark Drive provide exceptional lab space in the heart of the Boston-Cambridge innovation hub, but the project is a showcase of sustainable building design including LEED Gold certification and next generation flood resiliency standards,” says King Street Managing Director and Partner Tyson Reynoso. “The project fills a pressing need and was fully leased ahead of completion. We welcome our tenants to this location and look forward to supporting their life-changing work.”
Just a 2-minute walk from the MBTA’s Red Line Alewife station, 101 Cambridgepark Drive was modeled to be accessible by all means of transit: public transit, car, bike, ride share, and walk. The building includes some unique features to appeal to tenants’ commuting needs, including an on-site Blue Bike station, indoor bicycle storage and repair room, and locker room with showers. In addition, it has a beautiful outdoor courtyard to be enjoyed in the warmer months.
101 Cambridgepark replaces a 111-space parking lot adjacent to 87 Cambridge Park Drive. The two projects are linked by a 9,000-square-foot boardwalk. In addition to its laboratory space, the five-story property includes approximately 3,000 square feet of ground-floor retail with outdoor seating, office space, and a 247-spot underground parking garage.
Dimella Shaffer was the architect and Consigli Construction Co. was the contractor on the development.