0 Boston Emerges as State’s Tech Startup Hub

Has Boston really become the state’s capital for startups?  Well yes.  This came to be for two primary reasons; public access and cost of real estate.  Downtown Crossing, DTX, is serviced by the T’s Red, Green Orange and Blue lines.  Combined with the Silver Line and a short walk from South Station it offers employers a great recruiting tool as they vie for new talent.

Economics. Plain and simple.  DTX is the last real value play within the Class B market and is what most startups are seeking.  Opportunities can still be achieved with in the upper $20’s PSF while most buildings are pricing in the low to mid $30’S PSF.

Map of boston office space

Click to view or download as a high resolution pdf

The Boston Globe’s niche online business publication, betaboston.com, notes the following:

Last year…Boston accomplished a previously unheard of feat in the tech world by having more venture capital deals than Cambridge — for years the center of gravity of the startup scene in Massachusetts. And a large number of those deals went to companies located outside the Innovation District, in neighboring business zones such as the Financial and Leather districts and Downtown Crossing.

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