Developed in partnership with MIT, University
Park at MIT, is a vibrant 30-acre development located directly
adjacent to the MIT Campus. The project successfully integrates
1.75 million square feet of scientific research facilities with
more than 670 residential units, a hotel and conference center,
retail amenities, and more.
University Park at MIT is located in the nation's epicenter for biotechnology. Massachusetts is home to over 350 biotech companies, with more than half of those companies being founded in state. Companies choose to locate in Massachusetts due to the wealth of intellectual and research capital offered here. Massachusetts is home to some of the most prominent companies in the Biotech industry, including Genzyme, Biogen Idec, Takeda, Amgen, Novartis, Pfizer, Wyeth, Abbott, Johnson & Johnson, Astra Zeneca and Merck, to name just a few.
Massachusetts offers all the best aspects of a biotechnology cluster: the intellectual resources of leading universities and healthcare institutions, a vibrant industry, and manufacturing-friendly and cost-effective locations throughout the state. The state's winning combination of quality buildings and sites, strategic locations, skilled workers, competitive incentives, intellectual capital, and ideal quality of life give companies everything they need to grow their business.
Massachusetts' abundance of resources include:
- Ranked #2 in NIH Grants - $2.3 billion
- World-class universities including Harvard and The Massachusetts Institute of Technology
- World-renowned research hospitals:
- Massachusetts General Hospital
- Brigham & Women's Hospital
- Children's Hospital
- Beth Israel Deaconess Medical Center
- New England Medical Center
- Tufts Medical Center