New York Prevails Over MA In Competition For Aetna
Massachusetts lured one corporate giant from Connecticut, but has come up short in its pursuit of a second.
Massachusetts lured one corporate giant from Connecticut, but has come up short in its pursuit of a second.
General Electric has broken ground on its new global headquarters on Necco Way in Boston’s Fort Point.
General Electric’s new Boston headquarters will be a catalyst for developing industrial Internet applications and expanding the growing tech cluster Seaport District, executives said today as ground was broken on its new 2.4-acre urban campus, dubbed “Innovation Point.”
Gov. Charlie Baker and Boston Mayor Marty Walsh will again meet up with GE officials next month to mark another milestone in the company’s relocation.
A proposed 1,260-unit housing development at the 65-acre former General Electric Gear Works property in Lynn would include residents-only access to a commuter rail platform two stops from Boston’s North Station.
Canton-based Reebok International plans to relocate its corporate headquarters to Boston next year while shifting some jobs to other locations.
General Electric’s $200 million permanent headquarters cleared another permitting hurdle as it received final approval from the Boston Planning and Development Agency Tuesday.
General Electric’s new 388,700-square-foot Boston campus headquarters will include a 2-story company museum, a rooftop solar “veil” and a 900-square-foot illuminated rooftop GE sign, though one that probably falls short of CEO Jeff Immelt’s tongue-in-cheek goal of being visible from Mars.
General Electric will pay rent to MassDevelopment on two industrial buildings that it plans to renovate in Boston’s Fort Point, after acquiring the property from Procter & Gamble and selling it to the state agency for an as-yet undisclosed price.