Jan. 2 update on status of One Broadway: Retail re-occupancy


Please note: To access communications after Jan. 11, 2007, as well as full archives, please refer to the MITIMCO web site for One Broadway.

The memo below, the latest update on One Broadway, was sent Jan. 2 from Steven C. Marsh, managing director of real estate for the MIT Investment Management Company (MITIMCO), and Michael K. Owu, director of real estate for MITIMCO, to tenants and employees in One Broadway.

We want to update you on some positive news regarding the re-occupancy of One Broadway. We have received approval from city officials to allow retail tenants to reopen their businesses this week. This re-occupancy affects Wainwright Bank, Dunkin' Donuts, Enterprise Rent-A-Car and Domino's Pizza.

The retail section of the building was not affected by the fire on Dec. 8. Once the fire alarm testing was completed on Friday, it was determined that the retail section was ready for re-occupancy.

The one remaining retail tenant in the building, Zigo, will not be re-occupying its space until the rest of the building opens the week of Jan. 8. Their storage space is located in the basement. Access to that space continues to be restricted until permanent mechanical and electrical systems have been installed.

Based on the work that has been completed to date, we are planning to re-occupy all of the tenant spaces in One Broadway the week of Jan. 8-12. We will continue to keep you updated on all progress towards this goal.


Topics: Cambridge, Boston and region, Campus services, One Broadway

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