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Boston set to grab more companies from Cambridge
By adamg on Tue, 02/15/2011 - 5:53pm
The Boston Business Journal reports a five-company clean-technology "minicubator" will be moving from Cambridge to the South Boston waterfront.
The news is not necessarily bad for Cambridge, though: All of the five companies are "pre-revenue" and the reason they're being forced out of Boston's Left Bank is because their landlord is tearing down their building for a new biotech facility.
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That's fantastic news for all
That's fantastic news for all involved. Five companies stick around in the area, and get cheap and flexible space. Cambridge gets development. Boston gets a crack and young, promising companies - and the waterfront district offers them room to grow both their research and any eventual manufacturing capacities.
Best of all? It's not going to cost taxpayers a dime.
If Boston would simply ease its zoning rules, invest in infrastructure, and have the patience to wait as a new generation of companies matures, it will be splendidly positioned to win the future.
No bribes involved?!
No bribes involved?!