Mayor Menino's Crohn's
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Re: South Boston Seaport
http://www.masshightech.com/stories...uld-gentrify-Meninos-Innovation-District.html
http://www.masshightech.com/stories...uld-gentrify-Meninos-Innovation-District.html
Friday, November 5, 2010
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Babson could gentrify Menino's 'Innovation District'
By Galen Moore
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MHT's Julie Donnelly: Boston lines up tech events for fall calendar
UMass President Jack Wilson on EntrepreneurshipOther matches for "tom menino":
Menino welcomes Artaic to Boston with $50K loan [October 8, 2009]
Menino lures biotechs Ginkgo BioWorks, Eutropics to Boston [September 28, 2009]
Menino touts three biotech moves in Boston [July 10, 2008]
Babson could gentrify Menino's 'Innovation District' [November 5, 2010]
Boston?s solar evacuation route attracts $1.3M grant [October 14, 2009]
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In Boston startup circles, the so-called Innovation District is something of a joke. Many founders cynically call Mayor Thomas Menino?s pet project on the South Boston Waterfront ?the innovation ghetto.? In the scattered buildings among the mud flats, it?s hard to get high-speed Internet, which is kind of a problem for Web startups.
The perception, the infrastructure and the density of the neighborhood all could change, if Babson College sets up a satellite campus there, as the Boston Herald reported this morning.
The Herald report was a little shaky ? quoting no one at Babson, but relying on unnamed sources from competing colleges. But it?s a compelling story nonetheless, because it makes sense. To date, the biggest innovation that?s come to the district has been MassChallenge ? a startup competition that surprised many by actually setting up a highly acclaimed startup incubator in a brand-new (and otherwise nearly empty) office tower on the waterfront.
Of the 110 startups that participated in MassChallenge, 19 came out of Babson.
Menino said last month the city is talking to a university about locating on the Waterfront. It stands to reason Babson?s a likely candidate. The school has one of the highest-rated MBA programs for entrepreneurs in the nation, but it?s all the way out in Wellesley. Being near Route 128 must have been fine in the 1980s, but the region?s high-tech center is shifting.
The action now is in Cambridge and Boston. I suppose Babson could open a campus in Kendall Square ? but the rent is pretty high there, and it?s not considered Cantabridgian to advertise. Fortunately for Babson and Boston, perhaps, Mayor for Life Tom Menino has no such inhibition.