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April 22nd, 2013

ONEBoston

ONEBoston

“We are one Boston. We are one community. As always, we will come together to help those most in need. And in the end, we will all be better for it.”
- Mayor Thomas M. Menino

Boston Gives, Responds, and Rebuilds Together

Explore the link above to find out how to donate to the victims, find resources for residents, and find resources for businesses.

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CareCloud

CareCloud, a Miami-based healthcare IT company, celebrated the opening of its first Boston office in the Innovation District.  BRA Director Peter Meade, on behalf of Mayor Menino, joined CareCloud CEO Albert Santalo, and CareCloud Chief Technology Officer, John Walsh, at the celebration.

CareCloud, one of the fastest growing healthcare IT companies in the U.S., is providing the latest in cloud-based practice management, electronic health record (EHR) and medical billing software and services to medical groups.  CareCloud chose Boston because of its established healthcare ecosystem, talent pool, and unmatched local government support.  The company employs a total of 160 employees and grew over 140% in the last year.  CareCloud’s Boston office will grow from 14 employees to 35-50 employees this year and 100 employees by the end of 2014.

LifeTech Boston was instrumental in helping CareCloud find its new home, in joining Boston’s business community, and in recruiting and creating jobs – critical for sustaining its record growth.

“I want to congratulate CareCloud on their beautiful new office and welcome them to our booming Innovation District. Thanks to the work of the LifeTech Boston team, CareCloud is on track to thrive in the growing life sciences and healthcare technology cluster along the South Boston Waterfront.” – Mayor Menino

Via Boston Redevelopment Authority News Blog

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200+ new companies and 4,000 new jobs since January 2010

The growth is spread across a variety of business sectors with a diverse range of small, mid-scale, and large companies.

“Dynamic companies want to be part of Boston’s innovation community and part of our larger community.  They want to make contributions to the community through their expertise, time, and resources.  I have never in 20 years been more optimistic about Boston’s future. We are setting trends, not following them.” – Mayor Menino

Report Highlights

New Jobs:

-      30% from technology companies

-      21% from creative industries like design and advertising

-      16% from greentech and life sciences

New Companies:

-      11% in education and non-profit sectors

-      40% share space in co-working spaces and incubators

-      25% are small scale with 10 employees or less

More Jobs on the Way:

-      Many other companies have announced plans to add another 2500+ jobs to the neighborhood by 2016.

Nicole Fichera, the City’s Innovation District Manager, was featured on Boston Neighborhood Network News to share the report:

To see the full report, click here.

Via Boston Redevelopment Authority News Blog

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The Nanyang Technopreneurship Center (NTC) of Singapore and a delegation from Basel, Switzerland came to the Innovation District to experience a rapidly growing, world-leading innovation ecosystem.

NTC brought 90 students to see firsthand the Innovation District in action.  These students, from different backgrounds and 8 different countries, are focused on starting technology and innovative businesses.  NTC is a university-level center in Singapore committed to fostering, promoting, and nurturing a culture of innovation and entrepreneurship.  The group is also visiting Innovation District companies and community partners like Ginkgo BioWorksSpace With A SoulFriends of Fort Point ChannelBoston Society of ArchitectsGreentown Labs, and GetFused.

A delegation of government officials, university representatives, and entrepreneurs from Basel, Switzerland, led by Swiss State Councilor Eva Herzog and the President of the Swiss Universities’ Rector’s Conference and the Rector of the University of Basel, Prof. Antonio Loprieno, came to learn how the City of Boston is fostering a world-leading innovation ecosystem.

Like Boston, Basel has a very strong life sciences economy and a world-class research university.  A ‘Sister State’ to Massachusetts, Basel is strongly supporting initiatives to promote innovation and entrepreneurship.  The BRA partnered with Drydock Center who was host to the group for lunch, which was followed by a tour of emerging technology companies, including Scallop ImagingSample6 Technologies,Immunetics, and KeraFAST, whose representatives were on hand to meet the visiting delegation and show them through their spaces.

Foreign Delegations in ID

Foreign Delegations in ID

Via Boston Redevelopment Authority News Blog

 

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22 Developments Broke Ground, Investing $1.6 Billion in Boston, and Creating 2,450 New Construction Jobs

Mayor Thomas M. Menino today recognized the 22 developments that broke ground in 2012, a total investment of $1.6 billion, which put 2,450 construction workers back on the job and will create 2,010 units of housing.

“Cranes crowd the city skyline because investors are bullish on Boston,” Mayor Menino said. “Thanks to a growing innovation economy, a young and energized population, and an educated workforce – Boston is booming.”

In 2012 projects broke ground in Allston/Brighton, Charlestown, Chinatown, the Innovation District, Jamaica Plain, the LMA, Mattapan, Roxbury, and South Boston. These projects have housing, hotel, athletic, municipal, office, and retail uses.

In addition, the Boston Redevelopment Authority board approved 37 projects in 2012 a total investment of $3.4 billion, which put 5,217 construction workers back on the job and will create 3,898 units of housing. These project approvals ensure Boston’s building boom will continue into 2013.

2012 Development Year in Review: Groundbreaking Highlights

  • 22 projects broke ground
  • $1.6 billion was invested in new development
  • 2,450 construction jobs were created
  • 4.6 million square feet is under construction
  • 2,010 units of housing

Boston Wharf Tower, Fort Point: $100M project, 202 units of housing, including 22 affordable

Boston Innovation Center, Innovation District: $5.5M project, crucial part of Innovation District social infrastructure

Dudley Municipal Office Building, Dudley Square: $115M project, future headquarters of Boston Public School Department

Longwood Center, LMA: $350M project, cutting edge research and development facility

Boston Wharf Tower, Rendering

Boston Wharf Tower Under Construction

Boston Wharf Tower, Under Construction, November 2012

Innovation Center Rendering

Innovation Center, Under Construction, December 2012

dudley center

Dudley Municipal Office Building Rendering

_MG_0069

Dudley Municipal Office Building, Under Construction, November 2011

Longwood Center Rendering

Longwood Center Under Construction, November 2012

2012 Development Year in Review: Approved Project Highlights

  • 37 projects were approved by the BRA Board
  • $3.4 billion in planned development investment
  • 5,217 construction jobs will be created
  • 7.5 million square feet of approved development
  • 3,898 units of housing

Millennium Tower and Burnham Building: $625 million, 500+ units of housing, ground floor retail and office

New Brighton Landing: $500 million project, future New Balance World HQs

59 Temple Place: $60 million project, boutique hotel, restaurant, retail, and spa

Millennium

Millennium Tower and Burnham Building Rendering

new_balance_rendering

New Brighton Landing Rendering

Via Boston Redevelopment Authority News Blog

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