THE RISE OF INNOVATION DISTRICTS

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CAMBRIDGE: KENDALL SQUAREAnchor Plus ModelRed Line to Harvard UniversityWHITEHEAD INSTITUTEFOR BIOMEDICAL RESEARCHGENOMICSCOLLABORATIVENOVARTIS INSTITUTESFOR BIOMEDICAL RESEARCHACCELERONLAB | CENTRALBROAD INSTITUTEKOCH CENTER FORINTEGRATIVECANCERRESEARCHMASSACHUSETTS INSTITUTEOF TECHNOLOGYAKAMAI TECHNOLOGIES INCYAHOO! CAMBRIDGE INNOVATION CENTERFacebook | Apple | Highland Capital | Charles RiverVenturesGOOGLE CAMBRIDGEMIT MEDIA LABAMAZONMICROSOFTCHARLES RIVERRed Line to BostonPFIZER RESEARCHTECHNOLOGY CENTER1/4 mileAnchored by the Massachusetts Institute of Technology(MIT), and connected by transit to Harvard, MassGeneral and other research and medical institutions,Cambridge’s Kendall Square is today’s iconic innovationdistrict.Since its founding in 1861, MIT has emphasized university/industrypartnerships and the commercializationof ideas. Starting in the 1950s, the university hasactively deployed university-owned land to supportthis goal. In the last two decades, this strategy hashelped catalyze growth of a nationally significant lifesciences/pharmaceutical cluster. It has also spurredthe development of hundreds of small firms and attractedseveral major technology companies.The Cambridge Innovation Center (CIC), founded in1999 and housed in an MIT-owned building, is a goodexample of the interplay between the university andprivate sector. An independent organization, CIC hashelped develop the modern concept of co-workingwhile encouraging entrepreneurs and start-ups in itshigh quality environment. Firms at CIC have attractedbillions of dollars of seed funding and later-stageinvestment.Making Kendall Square a dynamic residential districtwith associated amenities is now a focus in Cambridge.Since 2005 nearly 1,000 new housing unitshave been built in the area, as well as many newrestaurants and retail outlets.15
PHILADELPHIA: UNIVERSITY CITYAnchor Plus ModelMarket-Frankford Trolleyto West PhiladelphiaUNIVERSITY CITYSCIENCE CENTERDREXEL UNIVERSITY30TH STREET STATIONPENN ALEXANDERSCHOOLFIRST ROUNDCAPITALUNIVERSITY OFPENNSYLVANIAMarket-Frankford Trolleyto Center CityWISTAR INSTITUTEUNIVERSITY OF THE SCIENCESVA HOSPITALCHILDREN’S HOSPITALOF PHILADELPHIASCHUYLKILL RIVERUPENN INNOVATIONAND RESEARCH PARK(PLANNED)1/4 mileHome to the University of Pennsylvania, DrexelUniversity, University of the Sciences and Children’sHospital of Philadelphia, University City is leveragingits assets in teaching, research, and medicine tobecome a hub of innovation and entrepreneurship.The University City Science Center is a driving forcebehind this evolution. Founded in 1963 as the nation’sfirst urban research park, today it comprises 31member institutions throughout Pennsylvania, NewJersey, and Delaware. Penn Medicine is anchoringthe newest UCSC building, and Drexel has openedits ExCITe Center and (in partnership with UCSC) atech incubator in the area. Both are part of Drexel’sInnovation Neighborhood project, which extends to30th Street Station. All told, UCSC’s 17-acre campushouses 2.5 million square feet of office and labspace, with business incubation, networking opportunities,and support services for a cluster of emergingand established companies in life sciences, nanotechnology,IT and other sectors.University City’s leaders are actively engaging withnearby neighborhoods. Drexel helped win a federal“Promise Zone” designation to revitalize Mantua, justnorth of the area. Penn and Drexel have also championedpublic education: Penn built and helps operatea nearby pre K-8 school, and Drexel is exploring asimilar endeavor.16
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