M.I.T.'s Backyard

Cambridge's Red Ribbon Commission on the Delights and Concerns of Central Square has presented its study of that area of the city and discovered not only the need for more middle-class housing but that a certain university really, really loves the area: "One of the biggest discoveries the commission made was that, of M.I.T.’s $1.5 billion in real estate investment, half of it is in Central Square." [Chronicle]