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GREENTOWN LABS BRINGS SUSTAINABLE TECH TO SOMERVILLE By Nick Cox Photo by Gabi Gage On July 18, Mayor Curtatone’s dream of making his hometown into “Innovation City” came one step closer to reality when, a cleantech-focused startup incubator formerly based in Boston’s Fort Point neighborhood, announced its decision to relocate to Somerville. Although home to innovation-oriented organizations such as and, Somerville has not historically been a major hub of the Boston-area innovation ecosystem. But with the arrival of Greentown Labs, that may soon change. In an, the mayor wrote that “Greentown’s move isn’t the start of a movement. It’s a sign that an urban renaissance already underway is picking up speed, with Somerville at the vanguard.” An incubator is an organization that provides work space, mentoring and other assistance to fledgling startups. Entrepreneurs will typically move their young business into an incubator after graduating from college or university and stay until they have raised enough capital to move into their own space. There are many incubators in and around Boston, but Greentown Labs is unusual in two ways.

First, it is focused on cleantech, or technology geared toward sustainability. And second, nearly all the businesses it houses are developing actual physical objects, many of which are quite large, rather than the software and apps that constitute the Boston-area tech scene’s more usual fare. The latter factor explains why, after two years in Fort Point, Greentown needed a new home: prototyping heavy equipment takes a lot of space, and they didn’t have enough of it. Greentown Executive Director Emily Reichert Photo by Michael Rose “In the beginning,” says Executive Director Emily Reichert, “we had plenty of space, but toward the end we started filling everything. It was so crowded on the shop floor, it was almost like you couldn’t build your prototype without smacking into someone else. And so, for us, that was really the driving factor – we had to have more prototyping space, because that’s what we uniquely offer, that no one else does.” On top of that, the neighborhood had become unaffordable. Nihal Nelson Nonstop Download. When they settled there in early 2011, their 14,000-square-foot space cost them $8 per square foot.

But just two years later, thanks in part to the City of Boston’s “Innovation District” initiative – an aggressive rebranding campaign aimed at revitalizing the underutilized Seaport District – rents in Fort Point climbed as high as $45 per square foot. “Rent is our main source of revenue,” says Reichert, “and there was no way we’d pass on $45 per square foot to entrepreneurs. So it basically became impossible for us to stay in the neighborhood.” As Reichert and her team began shopping for new spaces, they had two main criteria.

First, their new home needed to be somewhere on the Red Line corridor. Given the intimate symbiosis of the Boston-area innovation ecosystem, with entrepreneurs shuttling constantly between MIT, Harvard, Kendall and Fort Point, a location outside the range of public transit would not be feasible for many potential residents. Second, it had to be large enough – and cheap enough – to provide ample prototyping space for 25 startups and counting. Marathi Serial Actress Hd Wallpaper. In a city as small and dense as Boston, finding a place that met both qualifications was not easy. They found a handful of suitable spaces in other corners of the Innovation District, like the Leather District and the Drydock area, but they knew it would only be a matter of time before the inevitable rising rent would price them out once again. They also looked in Cambridge, but could find nothing under $35 per square foot.