A provider of language, travel and education services, EF Education First, started construction on its new 300,000-square-foot facility in Cambridge, Mass., with estimates of creating 400 jobs.
The 55,000-square-foot development is located in the North Point area of Cambridge, Mass., next to EF's existing, 250,000 square foot building, beneath the Leonard P. Zakim Bridge, and adjacent to North Point Park and the Charles River.
Its new 10-story building will feature 230,000 square feet of office and education space and a 65,000-square foot above-grade structured parking garage with 126 parking spaces and a dedicated bike room for EF employees. The facility will also include 31,000 square feet of public space on the ground and mezzanine floors, a 14,000 square foot restaurant with 440 seats and tiered outdoor seating wrapping around the entire building.
"Twenty-five years ago, our North American headquarters consisted of three people in a small office at One Memorial Drive in Cambridge, and today we mark the beginning of a new North American headquarters campus which will host more than 1,200 employees," said EF CEO Alex Hult. "Cambridge and the Commonwealth are true incubators for innovation in education and technology, and we look forward to continuing to grow and succeed here in Massachusetts for years to come."
"EF Education First has successfully used education and innovation to become a worldwide leader in international education," said Governor Deval Patrick. "I am pleased to celebrate with them as they expand and create quality jobs in the Commonwealth."
EF's expansion is driven in part by rapid growth in the education and travel industries across the global economy. The company has expanded by approximately 20 percent each year during each of the past ten years, the Governor's office said. Information on incentives offered the firm by state or local government was not immediately available