Leading Child Care Company to Provide Full-Time and Back-Up Child Care Services to
Area Business Community

BOSTON, July 30, 2003 – Pembroke Real Estate and The Drew Company today announced that Bright Horizons Family Solutions will open a child care facility August 11, 2003 at the World Trade Center West in the South Boston Seaport District. 

Bright Horizons at Seaport will offer area employers and employees flexible full-time and back-up child care arrangements. The new facility, located in 4,944 square feet of space in the podium area of the complex, has the capacity to serve more than 40 children at a time and will offer services including conference care and school vacation programs.

World Trade Center West, a 17-story building that encompasses 573,000 square feet of Class A office and retail space, is a joint development of Pembroke Real Estate and The Drew Company.   The child care center is in the low-rise podium of the building and offers an outdoor playground that is unique to urban child care centers.  The space was specifically created by Bright Horizons’ in-house architectural team Horizons Design and Miller Design to provide a high-quality learning environment for children from infants to 12 years old.  

“Work-site services are becoming increasingly important to working families, who are constantly on the go,” said Peter Madsen, managing director of Pembroke Real Estate, a unit of Fidelity Investments.  “Bright Horizons will provide a well-respected convenient child care solution to tenants of the World Trade Center Complex and surrounding businesses.” 

World Trade Center West is currently 75 percent leased with tenants including prominent Boston law firms Foley Hoag, LLP and Nutter, McClennen & Fish, LLP, and banking services provider Boston Private Bank.

“Parents working in Boston, and particularly in the Seaport District, clearly need more high-quality child care that is accessible and convenient,” said David Lissy, CEO, Bright Horizons Family Solutions. “Bright Horizons at Seaport provides an important solution for these employees. Further, it will help companies reduce absenteeism and increase productivity by meeting a critical need for their employees. At the same time, the center provides a secure, nurturing and dynamic environment for children to grow, learn and explore.”

The World Trade Center West and World Trade Center East office towers, along with the World Trade Center Boston and Seaport Hotel, make up the World Trade Center Complex, a unique mixed-use development, which is home to more than 6,000 workers.  The complex is ideally situated adjacent to the entrance to the Ted Williams Tunnel, which provides direct access to Logan International Airport, and along the route of the Massachusetts Turnpike extension that offers commuters from south and west of Boston direct connections to the Seaport District.

“We welcome Bright Horizons to the World Trade Center Complex and are especially pleased that the Seaport District community now has access to such high-quality child care services,” added John Drew, president of The Drew Company.

About Bright Horizons
Bright Horizons Family Solutions (http://www.brighthorizons.com/) is the world''s leading provider of employer-sponsored child care, early education and work/life consulting services, managing more than 480 early care and education programs in the United States, Europe, Canada and the Pacific Rim.  Bright Horizons serves more than 400 clients, including 84 FORTUNE 500 companies and 54 of the "100 Best Companies for Working Mothers," as recognized by Working Mother magazine. Bright Horizons is one of FORTUNE magazine''s “100 Best Companies to Work for in America.” Representative clients in the Boston area include EMC, MIT, Reebok and Staples.

About Horizons Design
Horizons Design, the architectural team of Bright Horizons Family Solutions, provides a full range of services in the design of environments for children. One of the leading design groups in the field, Horizons Design has been involved in the creation of more than 100 unique children’s environments throughout the world. The team’s extensive experience with the complex design, regulatory, and construction processes inherent in creating children’s environments assures a cost-effective result conducive to the highest-quality child development experience.

About Pembroke Real Estate 
Pembroke Real Estate, a Fidelity Investments company, is a real estate firm specializing in the acquisition, design, development and management of signature properties in major metropolitan areas worldwide, including projects in London, Tokyo, San Francisco, Dallas and Boston.  The firm seeks development opportunities with high-quality, high-profile properties in the office and residential sectors.

About The Drew Company
The Drew Company is a privately held, Boston-based real estate development and management firm founded in 1982.  In addition to the World Trade Center East and West, the company’s Boston development projects include the World Trade Center Boston and the Seaport Hotel.  The firm’s developments also include The Great Woods Center for the Performing Arts, Bayside Exposition Center and Constitution Plaza. Additionally, the Drew Company developed and manages the International Trade Center at the Ronald Reagan Building in Washington, D.C.  The firm also provides asset management services as well as development advisory services to convention and trade centers in the U.S. and abroad.