Newton, MA– Commodore Builders recently announced that it has been awarded the build out
of EDC’s new 120,000 SF headquarters in CenterPoint, a 23-acre, 500,000-square- foot office/lab/R&D park located Waltham, just a mile from EDC’s current location. The building is owned by TC Saracen, LLC, a joint venture of Saracen Properties and Trammell Crow Company Acquisition Funds. EDC’s move will take
place by November 2011.
EDC is a global nonprofit organization that designs, delivers and evaluates innovative programs that address some of the world’s most urgent challenges in education, health, and economic opportunity. EDC also has offices in New York and Washington, DC.
The new 120,000-square-foot space will house EDC’s 450 area employees under one roof, adopting an open-space floor plan to facilitate staff communication and integration and to provide a greener work environment. The new building, a former Raytheon headquarters, is being refurbished to suit EDC’s needs and will feature enhanced conference meeting space, and additional free parking facilities. Preconstruction is
underway and construction is slated to begin in April, 2011.
“We’re sad to lose a good neighbor here in the Chapel Street complex, but we’re excited that EDC chose Commodore to build their new headquarters,” stated Joe Albanese, Founder and Chief Executive Officer of Commodore. “We admire the great work EDC does and we look forward to building a new space for them locally that will help them expand their reach around the world.”
Diversified Project Management is providing OPM services. Sasaki Associates and the firm of Taylor & Burns are providing architecture services. RDK has been selected as the engineers for the project.