General Electric HQ (Necco Buildings Reno) | 5 Necco Street | Fort Point

BeeLine said:
IMG_0663 by Bos Beeline, on Flickr

IMG_0664 by Bos Beeline, on Flickr

IMG_0669 by Bos Beeline, on Flickr

IMG_0666 by Bos Beeline, on Flickr

IMG_0667 by Bos Beeline, on Flickr
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Beeline -- great pix -- for a great project nearing its final touches -- they [architect & builder + GE planning team] did a nice job resurrecting these old candy company buildings and making a nice HQ for one of the world's great companies. This true even if both the GE Company and GE HQ is only a small piece of what was once promised by Jeff Immelt]
 
One of the few times I prefer new to historically accurate. Green corrugated tin has never really been a favorite of mine.
 
I love this green monster for being a giant, honest thing--a Postmodern element that happened naturally.
If Robert Venturi, or Michael Graves had tacked it onto one of their buildings, it'd have been hailed as the work of a genius, right down to the odd choice of 2x2 square windows, oddly spaced.
50156181426_3319d053ef_b.jpg
 
Quite reserved and conservative, which is fine, considering it's future neighbor. I bet the interior is top-notch.
 
stellarfun said:
GE to split into three public companies.

https://www.cnbc.com/2021/11/09/ge-...cusing-on-aviation-healthcare-and-energy.html

No word on whether any or all of the three companies emerging from the split will have its headquarters in Boston.

https://www.bostonglobe.com/2021/11...neral-electric-split-into-3-public-companies/

Stay tuned.
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Saw that... they are splitting up to sell everything eventually, piece by piece. This is such a good location that it doesn't matter what happens. Someone will buy it.
 
jklo said:
This is such a good location that it doesn't matter what happens. Someone will buy it.
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GE doesn’t actually own anything here.

They (along with the Commonwealth / MassDevelopment) already sold their HQ building to Alexandria in May 2019, packaged with the parcel next door that Alexandria is developing into life sciences space. Alexandria then leased the HQ building back to GE on a deal runs that for about another 10 years. The GE footprint here is also only about 95k sf, which really isn’t even that big! For comparison, Amazon is in the process of taking about 600k sf right up the street.

If GE were to move out, Alexandria would probably be happy to rent the space out to anybody else.
 
Sayonara to Fort Point.
[General Electric] notified employees Tuesday morning that it plans to vacate the 100,000 square feet it occupies in two renovated brick buildings at 5 Necco Street and seek out smaller office space elsewhere in Boston. While the company initially envisioned an 800-person campus along Fort Point Channel, fewer than 200 people are based there now and many only come in on a part-time basis. The headquarters opened just months before the COVID-19 pandemic upended office life in the city in March 2020.
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www.bostonglobe.com

It’s the end of a brief era as GE says it will shutter Fort Point HQ - The Boston Globe

The once-grand industrial conglomerate also plans to sell off its storied corporate campus in New York’s Hudson Valley ahead of split into three companies by 2024.
www.bostonglobe.com www.bostonglobe.com
 
I used to work at GE and for the massive, sprawling size and global presence it had when I was there, HQ in CT was a relatively unassuming, small campus off the Merritt Turnpike. I think at the time 600-700 people worked there. Outside of a dozen or so top execs, it was mainly administration-type work. 600-700 may sound like a lot of people, but one of the campuses I worked at had 3,000 people.

There was this big deal about GE HQ moving to Boston, getting out of the burbs and into the city, etc. But the reality is that GE is really based in giant campuses in places like Cincinnati, Milwaukee, etc.
 
I‘m originally from Pittsfield, MA. We had an enormous GE plant there employing 10,000 workers at one time. GE had 3 divisions there: Power Transformers, Plastics and Naval Ordinance. Jack Welch the famed CEO got his start there. Naval Ordinance is still there under the General Dynamics umbrella.
 
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2023
By Greg Ryan
General Electric Co. will move its Boston office to One Financial Center, leaving behind the Fort Point building that former CEO Jeff Immelt had chosen to be its home following the company’s headquarters move from Connecticut.
GE (NYSE: GE) will take just under 30,000 square feet on the 37th floor of the downtown tower, located across from South Station, according to a spokesperson. It notified employees of the decision on Tuesday. The move is expected to take place in the second quarter of 2023.
The location will not be the company's headquarters for long, however. GE split off its healthcare business last month, and it plans to do the same with its energy business in early 2024. After that, the one-time conglomerate will essentially become its aviation division, which it has said will remain headquartered outside Cincinnati.
That means, less than a decade after its much-ballyhooed arrival in the city, GE's Boston headquarters will be no more.
“Winding down our physical office space in Boston and other corporate sites is the expected next step as part of our planned separation into three independent, industry-leading companies,” a GE spokesperson said in a statement.
The spokesperson declined to share the terms of the lease at One Financial.
The company announced in October that it planned to vacate its roughly 100,000-square-foot Fort Point offices in favor of a smaller space. In December, it revealed that once independent, its energy business, to be named GE Vernova, will be headquartered in Cambridge.
GE’s current office is located at 5 Necco St., a renovated candy factory. It was going to build a new 12-story office building next to the Necco site as part of its headquarters, but Culp scrapped those plans in 2019, shortly after becoming CEO. The site will now be an Eli Lilly & Co. location.

MetLife Investments, owner of One Financial, is putting in an “amenity floor” at the 46-story building that will include a new fitness center, lounge and more, one of several downtown towers to receive such investments as landlords battle for tenants in a tougher office market.
 
That was inevitable.

Tangent: One Financial doesn’t photograph well from any vantage point. Maybe the crew who re-did One Post Office Square could tackle One Financial now that they’re finally done.
 
RandomWalk said:
That was inevitable.

Tangent: One Financial doesn’t photograph well from any vantage point. Maybe the crew who re-did One Post Office Square could tackle One Financial now that they’re finally done.
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Hang a big GE logo on the top and I think it improve.
 
What a sad, pathetic “not-with-a-bang-but-a-whimper” end for GEs big noisy arrival to Fort Point. Did they announce they’re putting the building on the market for sale, or will they lease it?
 
RandomWalk said:
That was inevitable.

Tangent: One Financial doesn’t photograph well from any vantage point. Maybe the crew who re-did One Post Office Square could tackle One Financial now that they’re finally done.
Click to expand...
I keep saying that it’s got the shape and the height to be an incredible building, but it’s trapped in unflattering horizontal striped pyjamas.
 
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