Don't Drink the Tea. Think With the WE.
Jul
2012
17

Harvard Housing Renewal, Under a PLA, Will Create 3,600 Jobs, Stimulate Local Economy



The revamping of the Harvard “house system” — an integral part of the Harvard experience — is being done under a Project Labor Agreement (PLA). The project will create an estimated 3,600 local construction jobs and help modernize the campus while simultaneously stimulating the economy.

The City of Cambridge will receive nearly $10 million in permitting fees. By including a PLA, this long-term plan will provide steady jobs for skilled, local workers in the years to come. Several hundred million dollars are expected to be injected into the local economy:

“We’re pleased that the renewal of Harvard’s undergraduate Houses will not only preserve and extend an indelible part of a Harvard College education, but that in doing so, we will help boost the local and regional economy by fostering new jobs and significant permitting revenues for the city,” said Christine Heenan, vice president of Government, Community & Public Affairs.

More than 98 percent of Harvard students live on campus. The renewal of the neo-Georgian houses is projected to cost nearly $1 billion.

“In addition to direct payments to construction workers, vendors, and the city of Cambridge, House Renewal will provide significant indirect economic benefits to local businesses, ranging from workers frequenting local restaurants and retailers to police details to help safeguard the public as construction occurs,” Heenan said.

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