News: Owners Developers & Managers

Facebook to add 500 employees at new office at 100 Binney St., Cambridge

100 Binney Street - Cambridge, MA

Cambridge, MA Facebook, which was started in Cambridge by Mark Zuckerberg a then student at Harvard, has had only a minor presence in New England’s top tier tech town, with only 150 employees.

That Facebook status change as the company will be adding 500 employees in the city at a new building at 100 Binney St.

Bristol-Myers Squibb, which is moving research out of Wallingford, will also be a tenant in the building for center to study genetic disease. 

Facebook told the Boston Globe that this will be “a hub for the company’s machine-learning efforts, as the company attempts to understand how Facebook’s data, hardware, and software can be optimized to serve users.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and