In August 1998, Lyme Properties purchased a ten-acre parcel in Kendall Square, at the heart of a district framed by MIT campus, the Charles River, and the East Cambridge neighborhood. Architects for each building and the landscape were selected in a series of international design competitions. The Kendall Square development is a highly urban, mixed-use community featuring biotech labs, offices, residential condos and apartments, restaurants and retail. Kendall Square was the Grand Prize Winner of the EPA Phoenix Award in 2006. Kendall Square is home to the Genzyme Center and the Vertex Building.