EF Education First Breaks Ground on New 300,000-Square-Foot North American Headquarters in Cambridge, Creates 400 Jobs

WORLD'S LEADING EDUCATION COMPANY UNVEILS PLANS FOR ICONIC NEW BUILDING AT PROMINENT NORTH POINT SITE

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Sep 25, 2012, 09:00 ET

CAMBRIDGE, Mass., Sept. 25, 2012 /PRNewswire/ -- EF Education First, the world's leading provider of language, travel and education services, broke ground on a new, 300,000-square-foot facility to serve as its expanded North American headquarters. The 55,000-square-foot development parcel is prominently located in the North Point area of Cambridge, 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.

Governor Deval Patrick, renowned Swedish Architect Gert Wingardh and Skanska USA Executive Vice President and General Manager Paul Hewins joined EF Education First Founder Bertil Hult, EF North America CEO Alex Hult, EF President of Go Ahead Tours Eddie Hult and other members of the company's founding family to celebrate the milestone, which will result in the creation of 400 jobs during the next 18-months, as well as several hundred temporary construction jobs.

"25 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 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 Patrick. "I am pleased to celebrate with them as they expand and create quality jobs in the Commonwealth."

The 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.

It 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. The building design features a striking glass "waterfall" cascading down the facade, which reflects the facility's close proximity to the Charles River. Architect Gert Wingardh conceptualized the building to reflect the design aesthetic of surrounding landmarks including the Zakim Bridge and the turrets on the Museum of Science.

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. Today, EF Education First employs 34,000 globally in 400 offices and schools located in more than 50 countries. As the largest private education company in the world, EF was also recently tapped to serve as the official Language Training Supplier of the 2014 Winter Olympics in Sochi, Russia. In addition to its academic, language, and travel programs, EF is affiliated with Hult International Business School, ranked #1 for International Experience by the FT 2012, and owns Englishtown, the world's largest online English language school.

To thank EF employees and the community and public sector officials who helped make the building project a reality, company leaders hosted a unique groundbreaking ceremony to celebrate the start of construction. The event featured a performance by the Billboard 100 band Passion Pit, "Post Card" photo booths which allowed attendees to socialize photos of themselves in front of a building rendering and global landmarks, and a video montage of prominent public officials reflecting on EF's major expansion project.

Contact:
Adam Bickelman
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SOURCE EF Education First