Should Boston-area companies help foot the bill for the better mass transit service they need to attract and hold onto young employees? A Boston Globe columnist on Friday said yes, and cited New Balance’s funding (to the tune of $14 million to $16 million) of a brand new commuter rail station near its Allston headquarters, a few miles west of downtown Boston.
And the two candidates fighting to succeed Boston Mayor Thomas Menino likewise see private partnerships as critical to improving the cash-strapped MBTA.
Tech startups, in particular, employ lots of young people, many of whom choose to live without cars. And for those companies, the current state of mass transit in Boston/Cambridge leaves a lot to be desired. The Green Line is the oldest subway line in the country and often looks, operates (and smells) like it.
Michael Simon, CEO of LogMeIn, (s logm) which last year moved from suburban Woburn into the South Boston innovation district, would be amenable to helping improve mass transit.
“The intellectual firepower of our employees is the fuel for our success [so] we would take a serious look at anything that would make it easier for the best employees in the region to work for LogMeIn,” said Simon.
Yesware, which is located in Boston’s Downtown Crossing because it is close to three MBTA (“T”) lines plus the Mass Pike and Route 93, would definitely love to see better service. The easier it is for people to get to and from work, the happier and more productive they are, said founder and CEO Matthew Bellows, via email.
In particular, Bellows would like to see the planned Green Line extension from Cambridge into Union Square, Somerville, get completed since many employees live in that area. “If we could subsidize that work to make it happen faster, we would do that. If we could gain exposure to prospective employees traveling the same route all the better,” he said via email.
Jim O’Neill, CIO of Hubspot in Cambridge, Mass., would likewise support mass transit at least in terms of providing expertise. “Tech companies could help make the T more operationally efficient,” he said. As an example of past public-private partnerships, he cited the T app that outside developers built once they had access to the T’s scheduling data.
One nagging issue with the MBTA is that it shuts down relatively early — last runs range from 12:15 a.m. till 1 a.m. depending on line and night. That’s a problem for night-owl techies who come in late, work late, and then want to go out. Local VCs have proposed expanded hours of T service as a priority.
Hubspot, for now, will provide Uber cars to late workers if safety is an issue but O’Neill acknowledges that this is expensive and may not be sustainable longer term.