cambridge ordinance committee hearing #3...oct 03, 2017  · connect cambridge residents to jobs and...

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Cambridge Ordinance Committee Hearing #3 10/3/2017

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Page 1: Cambridge Ordinance Committee Hearing #3...Oct 03, 2017  · connect Cambridge residents to jobs and programs within Cambridge’s innovation economy • MIT will contribute $1.5 million

Cambridge Ordinance CommitteeHearing #310/3/2017

Page 2: Cambridge Ordinance Committee Hearing #3...Oct 03, 2017  · connect Cambridge residents to jobs and programs within Cambridge’s innovation economy • MIT will contribute $1.5 million

Commitment Letter Overview

Page 3: Cambridge Ordinance Committee Hearing #3...Oct 03, 2017  · connect Cambridge residents to jobs and programs within Cambridge’s innovation economy • MIT will contribute $1.5 million

Grand Junction Multi-Use Path

• MIT will convey access rights along MIT property to enable the creation of the Grand Junction multi-use path

• Contribution of $8.5 million to fund design and construction of the path

Page 4: Cambridge Ordinance Committee Hearing #3...Oct 03, 2017  · connect Cambridge residents to jobs and programs within Cambridge’s innovation economy • MIT will contribute $1.5 million

Community Center

• MIT will fund up to $15 million for a community space on-site

• In addition, MIT will contribute $3 million to an endowment to support the ongoing affordability of the center

• MIT will form an advisory committee to review and make recommendations on design, programming, and fundraising

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Page 5: Cambridge Ordinance Committee Hearing #3...Oct 03, 2017  · connect Cambridge residents to jobs and programs within Cambridge’s innovation economy • MIT will contribute $1.5 million

Job Connector Space and Program

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• The community center will include space for a job connector program that will connect Cambridge residents to jobs and programs within Cambridge’s innovation economy

• MIT will contribute $1.5 million for the program

• MIT will work with the MIT community, City, local schools, and other stakeholders to create the program

Page 6: Cambridge Ordinance Committee Hearing #3...Oct 03, 2017  · connect Cambridge residents to jobs and programs within Cambridge’s innovation economy • MIT will contribute $1.5 million

Community Center and Job Connector Example

Page 7: Cambridge Ordinance Committee Hearing #3...Oct 03, 2017  · connect Cambridge residents to jobs and programs within Cambridge’s innovation economy • MIT will contribute $1.5 million

Community Center – Multi-purpose Rooftop

Page 8: Cambridge Ordinance Committee Hearing #3...Oct 03, 2017  · connect Cambridge residents to jobs and programs within Cambridge’s innovation economy • MIT will contribute $1.5 million

Community Center – Floor Plan AHighlights: • Basketball• Event performance space

Page 9: Cambridge Ordinance Committee Hearing #3...Oct 03, 2017  · connect Cambridge residents to jobs and programs within Cambridge’s innovation economy • MIT will contribute $1.5 million

Community Center – Floor Plan BHighlights: • Flexible fitness space• Job Connector

Page 10: Cambridge Ordinance Committee Hearing #3...Oct 03, 2017  · connect Cambridge residents to jobs and programs within Cambridge’s innovation economy • MIT will contribute $1.5 million

Community Center – Floor Plan C

Page 11: Cambridge Ordinance Committee Hearing #3...Oct 03, 2017  · connect Cambridge residents to jobs and programs within Cambridge’s innovation economy • MIT will contribute $1.5 million

MIT will establish an

advisory committee to

involve area neighbors in the

programming of activities for the

open space and planning for the types

of retailers on the site

Open Space and Retail Advisory Committee

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Page 12: Cambridge Ordinance Committee Hearing #3...Oct 03, 2017  · connect Cambridge residents to jobs and programs within Cambridge’s innovation economy • MIT will contribute $1.5 million

Q&A

contact us: [email protected]

regular updates and presentations will be available on our website: https://volpe.mit.edu/

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