Word: allston
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...easy decision would be to do nothing. Harvard’s idle buildings, parking lots, and empty fields in Allston and Brighton could wait until Harvard is again brimming with institutional riches and ready to pronounce a new and masterful 50-year plan. If development of this plan and its implementation were just around the corner, then waiting would be the wise course of (in)action...
...reality, there will be no burst of institutional expansion in Allston and Brighton funded solely by Harvard in the foreseeable future. When President Faust speaks of Harvard’s “new normal,” she makes clear that it could be years or decades before Harvard regains the financial comfort needed for it to independently fund the multi-billion-dollar buildout of its Allston and Brighton empire...
...being land-rich and cash-poor does not have to cause a Harvard paralysis. Harvard’s land in Allston and Brighton is full of potential because of its proximity to the beautiful Charles River, the North Allston/North Brighton residential neighborhood, downtown Boston, Harvard, and more...
...grand example, Harvard Business School graduate and former U.S. Senate candidate Stephen Pagliuca proposed a $3 billion public-private partnership to be built on Harvard property in Allston. This investment would create thousands of jobs and bring varied and deep rewards to the participating universities, businesses, and communities, as well as to our broader society...
...more modest scale, Harvard students have suggested growing vegetables at an Allston farm. Junior faculty members have expressed interest in reasonably priced new housing, and graduates of HBS and others could benefit from affordable incubator office space close to campus...