CAMBRIDGE, MA-The Massachusetts Institute of Technology plans to add three academic buildings and apartment complex to its Cambridge campus in a $750-million building boom that will add about one million sf of space to its holdings. The buildings will also house a cancer research center, a management school, architecture and planning school and an expanded media lab.

The $230-million, 360,000-sf cancer research facility will be constructed on a parking lot in Kendall Square next to the school’s existing biology building, and will be the largest of the school’s new facilities. The $185-million Sloan School of Management will be constructed on Memorial Drive, next to Sloan’s current headquarters. The school’s new $120-million, 163,000-sf Media Lab will expand the current facilities in Kendall Square while the $104-million, 265,000-sf apartment complex will house graduate students on Albany Street.

In the past two years, MIT has opened two new buildings, a $175-million Brain and Cognitive Sciences Complex and the $300-million Stata Center.

MIT’s expansion plans come as other area schools plan additions to their own campuses. Harvard University, Boston College, Northeastern University, Emerson College and Boston University have all recently announced significant expansions, as previously reported.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.