Creating a tech epicenter
Boston is an epicenter of tech talent and The Hub will be the ‘next workplace’,” said John Vazquez, Verizon’s senior vice president of global real estate and supply chain. “We are helping spur innovation by prioritizing Boston and its vast resources as the place where future technologies are being developed.”
Verizon plans to expand ties with leading universities across the river in Cambridge, and throughout the Boston area, to attract top talent who specialize in new and emerging technologies.
An emphasis of The Hub will be on the community and experience. The building’s roof deck will include a unique meeting space for groups and organizations to hold functions, social gatherings and meetings. The Verizon Foundation will also utilize the space to host programs and events related to teacher training, STEM curricula, and connectivity to under-resourced students.
“We want an environment that goes beyond a traditional meeting spot and creates a perpetual destination for the tech community, transcending the ideology of the office by welcoming organizations, entrepreneurial companies and individuals to enjoy the amenities we have to offer,” Vazquez said.
Bryan Koop, executive vice president of the Boston region for Boston Properties, said, “We are thrilled that Verizon has chosen The Hub on Causeway to create an innovation hub. Verizon’s dynamic creative, and forward-thinking workforce will be located in the most connected and exciting neighborhood in Boston, providing the perfect backdrop for the work on cutting-edge technologies that will take place within The Hub.”
“We are delighted to have Verizon join our already outstanding group of tenants at The Hub on Causeway,” said Charlie Jacobs, CEO of Delaware North’s Boston Holdings. “Verizon will now have access to some of Boston’s most desirable tech-focused office space and the city’s wealth of intellectual capital.”
The real estate agreement was overseen by the Cushman & Wakefield brokerage team led by Josh Kuriloff in New York and John J. Boyle III in Boston.
In a related announcement today, Verizon and the City of Boston expanded a partnership to accelerate the city’s technology plans.
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