News

GE Headquarters Delayed Until 2019

General Electric’s futuristic Fort Point headquarters could arrive a year later than initially expected.

A cooperation agreement last month between the Boston Planning & Development Agency and GE reveals the project will be finished by the end of Q2 2019. The relocated headquarters was originally expected to be occupied by June 2018, the Boston Business Journal reports.

Company officials maintain the project is still on schedule.

“We are moving forward on an aggressive schedule and look forward to moving into our new HQ campus in 2018-2019. This schedule is entirely consistent with what we anticipated given the size and complexity of this project,” GE spokesperson Jeff Caywood said.

GE has been busy this year preparing for construction. Last month, the company purchased an additional 6,800 SF of land from neighbor Procter & Gamble for $1.5M. The relocated company’s 2.7-acre campus will include renovated warehouses that once housed New England Confectionary Co. Caywood said GE began work on the brick NECCO buildings earlier this year. GE’s original project notification form to the BPDA anticipated rehabilitation of those buildings commencing by Q4 2016.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Boston Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

Boston Property Owners Raise Alarms About Cost Of Electric-Building Push

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject

How A New Financing Model Helps Spur More Mixed-Income Housing

Law Firm Relocating To South Station Tower: The Boston Deal Sheet