Also, money that would have been spent on the Allston expansion is now being used to renovate labs in Longwood and Cambridge for scientists who were planning on relocating to the Allston Science Complex
Capital spending and property acquisitions totaled $644 million, about $50 million from fiscal year 2008. Major projects included the Law School’s Northwest Corner complex, where steel was being erected this autumn; the prospective renovation and expansion of the Fogg Art Museum; and the Allston science complex, where work will be reassessed at the end of this calendar year.
Shore said that Harvard was “still in the process of planning and thinking about the options for all” major construction projects, including the art museum; design details, construction costs, and financing are still being reevaluated.
Additional work on Allston will obviously be a long-term project. In the interim, Shore noted, Harvard has to identify appropriate uses for properties it has acquired but now will not occupy or redevelop for an extended period. Institutional uses, codevelopment options, and private alternatives for use of the land by other investors are all options to consider. “We haven’t ruled out any option,” Shore said.
An unanticipated but significant project is the renovation of Cambridge laboratories (and relocation of some existing laboratories) to accommodate stem-cell scientists, and similar work in the Longwood Medical Area, for bioengineering researchers; both had been scheduled to go into the Allston complex, the completion of which is delayed at best. This previously unscheduled work will be paid for as part of the Allston-related infrastructure fund, given the necessary redeployments.