The New York Times
October 12th, 2010
CAMBRIDGE, Mass. — Not so long ago, the 160 acre campus of the Massachusetts Institute of Technology was a hodgepodge of bunkerlike academic buildings, converted World War I-era factories, parking lots and even an occasional Quonset hut.
But a 10-year development plan, nearly complete at a cost of $1.4 billion, has set a new mood — avant-garde — with 10 buildings by architects like Frank Gehry, Steven Holl and Fumihiko Maki, as well as a revamped streetscape.
The transformation was made possible by donations, portfolio investments and other financing sources like tax-exempt bonds — as well as profits from M.I.T.’s commercial real estate activities. The university owns about six million square feet of commercial real estate in the neighborhood. Read More
I'm Ron Denaro and thanks for joining College Campus Chatter today!
Ron Denaro is the president of College Campus Trips, a tour company providing high school students with tours of college campuses, nationwide. For more information, call (954) 567-5751 or e-mail: ron@collegecampustrips.com
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