BUSINESS
May 10, 2012 | Chris Reidy
BioMed Realty Trust Inc., a California real estate firm that is a Kendall Square landlord, said Thursday that AVEO Pharmaceuticals Inc. has signed a 12-year lease to relocate its operations to 650 East Kendall St. in Cambridge. AVEO currently occupies space at three Cambridge addresses on Sidney and Emily streets near Massachusetts Avenue, an AVEO spokesman said. Moving to Kendall Square, a hotbed for life sciences companies, will enable AVEO to consolidate operations under one roof and have more room.
NEWS
May 9, 2012 | Milva DiDomizio, Globe Staff
Dina Rudick, Globe Staff Boston area bicycling and public transit ridership are booming. That's good for the environment and your pocketbook, but what about your precious time? Which mode of transportation is quickest? Find out the answer Monday at the Boston Bike Week 2012 kick-off event. In Rush Hour Race , an automobile driver, a cyclist, and a T rider travel from Davis Square to Kendall Square in a rush to the finish. Who do you think will get there first?
BUSINESS
May 2, 2012 | By Chris Reidy
KPMG LLP, an audit, tax, and advisory firm, is looking to expand its practice for early-stage technology and life science companies by leasing space for a new office in Kendall Square, a high-tech hub in Cambridge near the Massachusetts Institute of Technology. The opportunity to be "part of the entrepreneurial ecosystem near MIT is very important to us," Pat Canning, managing partner for KPMG's Boston office, said in a statement. The new office of roughly two dozen people at One Broadway will be the home base of Ed Sullivan, who leads KPMG's New England Venture...
BUSINESS
May 1, 2012 | By Michael B. Farrell
Kendall Square is the region's high-tech hub, a magnet for innovators and start-ups. Yet for all their know-how, engineers, scientists, and others here are routinely stumped making the simplest technology connection: a cellphone call. Many who work in Kendall say reception is so weak in some places, spotty in others, that dropped signals, failed calls, and stalled e-mails are frequent problems. "I have to duck into a conference room at just a certain angle to talk on the phone," said Reed Sturtevant, a former executive at Microsoft Corp.
NEWS
April 19, 2012
I am writing regarding the April 13 front-page article "Start-ups squeezed out of Kendall Sq. " I applaud Cambridge for having created a place, for a whole host of reasons, that is so desirable for so many innovative start-up companies. I believe that this kind of attraction is a benefit to the entire region. In that sense, I would suggest that Watertown offers many of the benefits due to our proximity to both Cambridge and Boston, but with a much more reasonable rate for office space.
BUSINESS
April 13, 2012 | By Michael B. Farrell
When Ben Carcio's idea for a Web start-up won a national competition last year, the prize included free office space at a dream address for techies: Kendall Square. He was surrounded by engineers from Microsoft Corp. and Google Inc., and the venture capitalists who fund young tech companies. But when his year of free space ran out, Carcio found he could not afford Kendall Square's soaring rents and last month moved his company, Promoboxx, to the South End in Boston. "We were 100 percent committed to Kendall Square, and we had no choice but to look elsewhere," said Carcio.