Woburn, MA Maugel Architects completed the design of the 17,000 s/f 19 Presidential Way, the former ArQule headquarters for Alexandria Real Estate Equities Inc. The overall budget was $2.7 million.
The repositioning included renovations to the building’s main lobby and amenity improvements to the facility. The design adds space and volume to the lobby. The space features: contemporary finishes and lighting, a stair with a feature fabric wall, a high-end kitchenette, counter height table tops, banquets, and outdoor seating.
Maugel, Alexandria R.E. Equities The Richmond Group, and R.E. Dinneen Architects collaborated on the new aesthetic for the building.
“Lobbies are no longer just a path to the elevators—they are essential to the marketability of a building,” said Mark Pelletier, director of architecture at Maugel. “Today’s lobbies are being repurposed as vibrant community spaces with cafés, lounge areas, and all-hands-on-deck presentation spaces,” said Pelletier. “Maugel was thrilled to work with the team at Alexandria Real Estate Equities Inc. to transform 19 Presidential Way into an innovative workspace.”