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

Real Capital Solutions Launches Contrarian Office Fund With $50M From CEO

SL Green Booted As Worldwide Plaza Manager Amid Foreclosure Battle

Owner Lands $67M Loan To Renovate Apartments On Revere Waterfront

Reset Basis: How Hudson Assembly Is Bringing New Life To Boston Office Buildings

Global Ad Agency Innocean Leases 101K SF At Hackman El Segundo Campus

Amazon Renews 300K SF Office Lease In Downtown San Francisco

Comcast Consolidates To 140K SF In Times Square

Top Brokers Leave Newmark After Suing Firm, Boss

OPI Sells Vacant Philly Office Building For $42M

Faneuil Hall Owner J. Safra Group Sues Tenants, Alleging $2M In Unpaid Rent

Landlords Are Pushing Rents In Houston's Split Office Market

$1.1B Loan To Hudson Pacific, Blackstone Moves To Special Servicing