Home Energy conservation Cambridge Associates leases 115,000 square feet to relocate its global headquarters to Boston’s Winthrop Center in spring 2023

Cambridge Associates leases 115,000 square feet to relocate its global headquarters to Boston’s Winthrop Center in spring 2023

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Winthrop Center (Photo: MP Boston)

BOSTON- Congressman from Bostonthe local branch of the internationally renowned developer Millennium Partnersannounced that the global investment company Cambridge Associates will move its global headquarters to Boston Winthrop Center in the spring of 2023.

Cambridge Associates employees will occupy 115,000 square feet of the 691-foot mixed-use tower, where the office portion will contribute significantly to Boston’s ambitious long-term carbon reduction goals by being built to design standards rigorous for passive houses.

Uniquely integrating health and wellness, sustainability and technology, Winthrop Center will offer 812,000 square feet of world class A office space and 510,000 square feet of residential space, including 321 luxury residences at the downtown boston. The development takes Passive House to new heights, artfully assembling complex and diverse functions into a legacy building. Winthrop Center was conceptualized in 2017 by MP Boston as an inspirational work environment that would set a new global standard for building performance and energy conservation. The MP Boston team sought out experts at the Passive House Institute in Darmstadt, Germany, where their proposal was met with skepticism – it was the first time a developer had sought to apply the Passive House approach to a building in this size, scale and type . With perseverance, determination and many trips back and forth to Darmstadt, MP Boston persuaded the Passive House Institute that its ambitious goal could be achieved.

Today, Winthrop Center is on track to become the largest office building in the world to achieve Passive House certification. As a result, Winthrop Center will use 150% less energy than an average office building in Boston and 60% less energy than existing LEED Platinum buildings in Boston. Incorporating a well-insulated building facade, an airtight exterior envelope and an advanced energy recovery ventilation system, the Passive House office building eliminates heating and cooling inefficiencies and represents a major step forward in the fighting climate change through the built environment.

Designed by Handel Architects, the office space models the most energy-efficient solution for large-scale buildings and is well positioned to exceed the requirements of Boston’s recently adopted building performance standard, BERDO 2.0. The Winthrop Center office space also provides a healthier and more comfortable environment for occupants, increasing productivity and employees’ sense of well-being by providing 30-50% more fresh air than office buildings. existing.

“Since the founding of the Winthrop Center, it was important for us to find partners, like Cambridge Associates, who support our goal of providing a healthy, energy-efficient building that provides a solution to climate change,” said the founder of Millennium. Partners, Christopher M. Jeffries. “The City of Boston is planting the seeds for climate change mitigation in the United States, and the Winthrop Center is leading the way. We hope this project will raise awareness of the world’s most pressing issues and inspire the development community as a whole to reinvent the way buildings are designed and constructed.

For nearly 20 years, Cambridge Associates has used a wide range of sustainable and impactful investment strategies to profitably finance long-term, market-driven solutions to environmental and social challenges. In partnership with industry peers, the company recently launched the Net Zero Investment Consultants initiative, which is committed to integrating emission reduction advice into investment strategies and setting emission reduction targets in all of its own operations. Cambridge Associates has set itself the goal of helping its customers achieve a 50% reduction in emissions by 2030. The company also received carbon neutral accreditation and certification to PAS 2060 specifications earlier this year. year. Winthrop Center reflects the company’s values ​​and mission through its Passive House design, which as a building standard sets the stage for a low-carbon future.

“One of the most important considerations for us when choosing the Winthrop Center was the property’s bold commitment to sustainability,” said David Druley, president and CEO of Cambridge Associates. “While our work in the area of ​​sustainable and impact investing is appreciated by a large proportion of our clients, it is essential that our commitment to sustainable development is manifested beyond investment portfolios and also in the walls of our business.We will be able to meet our own significant commitments to sustainability and lower carbon emissions through the Winthrop Center’s approach to responsible, resourceful and renewable office space.

Through a partnership with MIT professors led by John Fernandez, director of MIT’s Environmental Solutions Initiative, the project will meet the growing demands of employers and employees for healthy, energy-efficient buildings that provide better quality of life. air, flexibility and comfort, and spaces that foster collaboration and creativity. Not only does Winthrop Center create healthy indoor air quality and a constant supply of fresh air through passive house design, it also improves social health with a distinctive and inclusive ground floor space called ” The Connector”, where office workers, residents, and the general public can interact and enjoy cultural programming. Offering greater access to natural light and the outdoors, as well as amenities designed to help office workers decompress and avoid digital overload, Winthrop Center delivers psychological and physiological benefits to the workforce. ‘today. In addition to the air quality it improves, the energy consumption it reduces, and the social and environmental improvements it brings, the building will create a striking new visual pinnacle in the heart of Boston and on the skyline of the city.

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