Keeping innovators in Kendall Square

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In Massachusetts, there are few addresses as renowned for hosting innovation and startups as Cambridge’s Kendall Square. Kendall’s close proximity to MIT is a major selling point for the area, allowing young engineers to quickly jump from the dorm room to the boardroom.

In an effort to ensure the neighborhood keeps its mantle as a magnet for startups, last month the City of Cambridge proposed requiring every commercial development project in Kendall Square to set aside 5 percent of any new construction as office space for startup companies. This includes affordable rents, flexible lease agreements, and other amenities for companies that qualify as startups.

The proposal raises the old question of whether government and business make good bedfellows. Is Cambridge wise to require commercial developments to help out innovators? Or could the proposal backfire and attract larger tech firms into the area, driving out smaller startups at the same time.

In this edition of The Exchange, we explore Cambridge’s effort to secure Kendall Square as a hotspot for innovation.

Cambridge City Councilor Lelund Cheung, a vocal backer of the proposal, argues that Kendall Square’s entrepreneurial environment will become stale if measures are not put in place to help startups compete with bigger companies for access to Kendall Square’s real estate.

Ovadia Robert Simha, former planning officer for MIT, argues that many Kendall Square landowners already offer prices that startups can afford and the proposal to will only make a modest impact to the long-term health of Cambridge’s innovative community.

Weigh in on The Exchange: Let us know what you think of proposed zoning changes in Kendall Square at hive@boston.com or on Twitter at @HiveBoston.

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About this blog

The Inside the hive blog is your one-stop source for local innovation news featuring voices from the start-up, venture, and research communities. Reach us at hive@boston.com.

Michael Morisy Michael Morisy is your editor, curator, and reporter on all things innovative and startup in Boston and beyond. He’s blown a SXSW talk, been threatened with jail for his own startup, and exchanged enough useless business cards to rebuild the rain forest. Now he wants to share your stories of creating the next insanely great business.