Very Good Example of University Research Park Development

Here is an example of a well-done university research park development. University Park at MIT is a 27-acre, mixed-use research and development (R&D) park, adjacent to the campus, that is integral to the long-range strategy of Massachusetts Institute of Technology (MIT) to foster technology transfer among the university’s students, graduates, faculty members, and the private sector. When completed, University Park at MIT will comprise a total of 2.3 million square feet and include at least 1.3 million square feet of office/R&D space, a 210-room hotel and executive conference center, up to 150,000 square feet of retail space and restaurants, 650 rental housing units, four structured parking facilities for 2,800 cars, and seven acres of parkland.

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