Is Boston Ripe for Amazon's HQ2?
The news that Boston could become home to Amazon’s next major corporate presence outside of Seattle calls to mind Facebook founder Mark Zuckerberg’s comment about our region six years ago. Asked to name his biggest regret as Facebook’s CEO, Zuckerberg replied: leaving Boston.
Like Facebook, the company I co-founded was hatched on humble beginnings at one of the major universities in Cambridge. We began as a research project at MIT in 1995, when Tim Berners Lee posed the problem of handling flash crowds on the Internet. He recognized that millions of people would converge on a web site at the same time and bring it (and large portions of the surrounding Internet) to a grinding halt. This is exactly the kind of technically-challenging, world-impacting problem that researchers at leading universities in our region excel at solving.
By the Fall of 1997, we had developed what we believed was a compelling solution to the “World Wide Wait.” Shortly thereafter, we created Akamai to commercialize the technology and moved out of my office at MIT into incubator space in Cambridge’s Kendall Square. Back then, Kendall Square was far from the vibrant, dynamic location it has become. Our small team of mostly young whiz kids didn’t have much experience in business. But we certainly had big dreams. And after two decades of hard work, our business has grown into the world’s largest and most trusted cloud delivery platform upon which many of the world’s best known brands and enterprises build their digital experiences.
What has enabled our growth here, and that of countless other innovative firms in information technology and life sciences, is the ability to draw upon many of the smartest and most creative minds in the world. We’re within a few blocks of many of the world’s leading universities. Some of the largest tech companies have offices nearby, including Microsoft and Google. Facebook recently announced plans to bring in 600 workers one street behind the site where we are building our new headquarters.
At 19 stories, our new facility will be the tallest office building in Kendall Square when completed in 2019. It will bring our local employees together under a single roof. (See image above.) We’re also next to the Cambridge Innovation Center, and who knows what exciting new startups will take hold in the six buildings that we will free up when we move into our new site.
As Amazon considers the best location to grow its business, it’s fair to say that Kendall Square has become the epicenter of the IT industry in the Northeast. A generation ago, it was out on Route 128 and then I-495. Today, our workers prefer our walkable, bike friendly, transit oriented environment with its array of amenities and places to meet, kick back and share ideas.
Like GE’s new headquarters across the river in Boston, our new urban headquarters is designed differently from the suburban-style corporate campuses that used to be the norm in our industry. Amazon thrives with a 21st century urban headquarters in downtown Seattle and may ultimately do so here.
As policymakers and civic leaders contemplate how to lure the next GE to the hub of New England, they should pursue a coordinated agenda to encourage other companies to startup here organically, grow here and stay, as we have done.
Boston will never compete with other regions based on low costs, so we must play to our region’s strengths. That means fueling the pipeline of talented workers attracted here from around the world and making the most of our region’s high quality of life.
It also means tackling tougher challenges: creating more housing units within short commutes — and not just for the wealthy but for workers needed at all levels. And it requires a sustained public financial commitment to bring our transit infrastructure into the 21st century.
If our region has the brainpower to make the Internet a fast, reliable and secure platform for future economic growth, we should summon the will to provide what’s needed to do the same for Boston and Cambridge — and for the new employers who see this as the ideal place to be.
A version of this post originally appeared in The Boston Globe on October 5, 2017
Very impressive story!
Cheers to more affordable housing. Everywhere I look there is more luxury housing... I can’t imagine that Boston residents truly need more of that
Cyber security and IT infrastructure product leader
7 年The tradeoff with staying in Boston/Cambridge proper is that you lose out on a large set of your potential employee pool - the experienced and seasoned technologists who live in the suburbs. As someone who lives out near Worcester and spent 6 weeks driving into Cambridge daily on the pike, I can tell you that commute is unsustainable. I'm curious to see exactly where in "Boston" Amazon ends up if it chooses this region. As all the locals know, whenever someone says Boston, you have to dig to find out exactly where they mean because the range is usually a lot further out than that city's borders.
Client Portfolio Lead; Global Travel Industry Professional, Hotel Sourcing SME, and Leader of People.
7 年In an area of the country where you can be anywhere in a hour why not migrate south of Boston? Doing so would reduce your real estate costs, allow your employees to live in more affordable housing with easy access to Boston for both business and personal needs. The actual Boston market is so saturated but there is so much other opportunity within a close proximity.
Creative Executive, CEO AZUL. Ex-IDEO, BCG.
7 年Agree with all of that. PLUS in the Boston Area tech + bio are converging like no where else.