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World Shaving Headquarters to be joined by World Diesel Locomotive Headquarters
By adamg on Thu, 03/24/2016 - 12:25pm
UPDATE: Original "World Refrigerator Headquarters" headline changed, because GE is selling off its consumer-appliances division.
GE announced today it's buying a couple of buildings and land on Necco Street from Proctor and Gamble for its new world headquarters.
The new headquarters will include a combination of existing buildings and new construction. The purchase includes two historic buildings, which will be renovated, and an adjoining parking lot, on which GE will construct a new building. Employees will move to a temporary location in Boston on Farnsworth Street starting in the summer of 2016, with a full move completed in several steps by 2018.
Roughly 800 white-collar GE employees will ultimately work at the 2 1/2-acre site: 200 corporate types and "600 digital industrial product managers, designers and developers split between GE Digital, Current, robotics and Life Sciences."
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Comments
More like World Welfare
More like World Welfare Headquarters.
I know, the Seaport is in dire need of people willing to take a chance on it, since its so distressed and the real estate is so unwanted, so it makes sense that Baker and Walsh would use hundreds of millions of taxpayer dollars for this. Baker will raise T fares since the state is so strapped for cash now.
We should be investing in and attracting more dollar stores
in Boston neighborhoods like Mattapan and Roslindale rather than attracting employers like GE. The revenue generated by these booming small businesses will allow for growth and economic advancement for city residents.
Small businesses employ HALF the state's workforce
https://www.sba.gov/sites/default/files/files/Massachusetts13(1).pdf
Half the state is employed by companies with less than 500 employees. A third are employed by companies under 100 employees in size. That's one of the reasons we have such a strong economy - it's varied, diversified, competitive. Not subject to any one particular industry, product, natural resource. But let's not let facts get in the way of racist comments like yours...
The racist argument makes lot of
sense.
World Shaving Headquarters to
Unless GE is allowed to sell of the business to Haier so their stock price can go up by an eighth of a quarter of a point.
GE sold its consumer
GE sold its consumer appliance division to a Chinese firm. They won't be making refrigerators anymore.
GE just sold their appliance
GE just sold their appliance division.
GE
That's a GREAT location, employees can walk to South Station and catch their trains. I hope thousands of GE jobs follow.
Yes, indeed
Boston will greatly benefit from an ever larger number of transient non-residents who daily flood and mob into the city by train, bus, car/suv/van/truck, create massive congestion, tension, road rage due to it's geographical limitations, through the roof real estate prices that make everything expensive, etc., etc. Yup, a city that consists basically of hoards of harried workers rushing to work, rushing on their lunch breaks, rushing to catch their train/bus home, and of course the endless and ever increasing traffic. Our rush hours aren't 4 hrs a day, more like 8 plus.
World class, baby! Woo-hoo !!!
*50% of City of Boston property is non-taxable, i.e. 'not for profit' (schools, hospitals, etc.), various government agencies (municipal, state, federal) ... and then there's the 'tax breaks' and 'credits' many private for profit companies and especially large corps get.
Interesting...
All this hype about the Seaport District, and they end up building near the Channel instead. Perhaps they didn't want to be that 'far' from downtown and/or be closer to the Red line/S Station....
Pretty sure
All along they were saying the Ft. Point area, not the "Seaport".
nah
Just checked old headlines. Most said "seaport" including some articles showing 'potential' parcels in the far west end of the 'seaport' area.
distracting on purpose
They were intentionally distracting people so their straw buyers could acquire the land under the radar.
Under the radar? Straw buyers?
What are you talking about? These properties were known to be one that GE had been looking at all along. P&G are selling to GE, this isn't Harvard conning old people on Alston. Not everything is a conspiracy,
Well, the agreement between
Well, the agreement between the state, city, and GE specifically discusses transportation improvements to "the Seaport District and nearby area". Sure, Fort Point is nearby, but it doesn't say "Fort Point and nearby area".
Seems they are opting for an
Seems they are opting for an already built building rather than one that has yet to break ground. They may wind up with a combination of the two, but it makes sense to move key people into an existing structure while the rest gets worked out.
Looks like they will be right
Looks like they will be right by Fort Point Channel. Even though its just office jobs will they still dumb toxic crap into the channel and then deny responsibility out of habit?
Parking
The Necco Street area has some of the most affordable daily parking near the financial district. Not that I use it often, but when I do need to take my car into work it's been a really good option. Sigh...
This building will really put drivers in a jam
If there's nowhere to park, how will people get to this area? If only New England's largest train station were literally 1500 feet away.
Darn
We should definitely keep prime real estate a street level parking lot. We don't want you to have to pay a few bucks more to park in the heart of a major city...or be forced to take the T.
If only ...
We had a functional transit system that would mean that workers in a pathological employee-averse organization like GE, who would have to get to work on time or suffer stiff penalties, could use that train station to predictably do so.
Just a stoned throw away
from The Channel, "Boston's Best Live Rock". Now a parking lot.
World Light Bulb Headquarters
You could use that. They still sell light bulbs. They just made some giant deal with JP Morgan for millions of dollars worth of LED bulbs.
World Hindquaters
Paranoia. Seriously. They will probably be more terrified that they will lose their job if their train is cancelled again, or they will lose their car if they can't escape the parking area before high tide on a full moon. Source: Boston Globe