GENERAL ELECTRIC

BOSTON, MASSACHUSETTS
...an ecosystem thats forward-looking

December 1, 2015

a talented city

boston, massachusetts highlights

Boston is a world-renowned center for

education and has one of the most highlyeducated populations in the country.

The cost of living and doing business in

Boston compares well to other cities:

a youthful city

1 in 3 Boston residents are young adults

between the ages of 20 and 34.
Boston prides itself on attracting and
retaining students and young adults, and
leads the nation in the percentage of its
population that is between the ages of
20 and 34.
Charlie Baker
Governor
Commonwealth of Massachusetts

The Commonwealth of Massachusetts and the

City of Boston strongly believe that Boston,
Massachusetts offers the thriving, healthy, and
innovative ecosystem that General Electric is
seeking in order to grow and succeed.
Building on its rich history of first discoveries,
Bostons community of government,
academia, and the private sector create new
ideas each and every day. Bostons cultural
charm is equally matched by a vibrant
economy, outpacing the nations annual
job growth between 2010 and 2014. The
city is also home to a highly educated and
diverse workforce, offering General Electric a
talented pipeline from over 55 colleges and
universities within the Greater Boston
region and creativity from the 20 to 34 year
general electric

| introduction

Martin J. Walsh
Mayor
City of Boston

old demographic, representing a third of the

citys population.
General Electric would join Bostons vibrant
business community, a strong workforce, and
state and local government in developing
new ideas to meet the demands of the future.
Boston is a welcoming city for business
growth and development, an ideal place for
General Electric employees to work and for
General Electrics employees and families to
live, learn, and enjoy.

The City established the Mayors ONEin3

Council to give residents ages 20-34 a
greater voice in shaping the present and
future of the city.
a growing economy

Bostons economy grew by 3.7% between

2012 to 2013, surpassing that U.S. GDP
growth of 2.2%. During the same time
period, Boston added over 12,000 new jobs.

The Tax Foundations 2016 State Business

Tax Climate estimate ranks Massachusetts
as 25th across all states. This measure
takes corporate, individual, sales, and
unemployment insurance taxes into
consideration.
According to KPMGs Total Tax Index
Boston ranks in the top-fifth of 107
international cities with the lowest
relative tax burdens.*
According to PWCs Cost of Living Index,
the Boston Metro Area has a lower cost
of living than 16 other US metro areas.
2015 lease rates for Bostons Class A
Office space range from $52 to $68 per
square foot.
Commercial industrial property tax is
$29.52 per thousand dollars of value,
and residential rates are $12.11 per
thousand dollars.
The state personal income tax is 5.15%,
and sales tax is 6.25%.
*To KMPGs Competitive Alternatives Special Report Focus
on Tax, 2014

Upon choosing Boston, General Electric

would become a part of a dynamic network
of business leaders, entrepreneurs, start-ups,
academics, researchers, and thought leaders
actively contributing to Boston as a worldclass innovation hub.
general electric

| introduction

WORK, LIVE, PLAY,

& INNOVATE
The City of Boston and Commonwealth of Massachusetts are excellent places to work, live,
learn, play, and innovate.

WORK, LIVE, PLAY, & INNOVATE

work

innovate

Record job levels, national and interna-

World class talent with the highest

concentration of higher education
institutions, hospitals, medical research
centers, and technology enhance a culture of
innovation and entrepreneurship:

tional leadership in high growth sectors,

a culture of innovation and entrepreneurship, strong anchor industries, a highly
functioning ecosystem, and ample connections to the world.
live

Vibrant neighborhoods in Boston and

surrounding communities, #1 in K-12
public education, top private high
schools and universities, world class
health care, and great culture.
play

Plentiful museums, theatres, history,

sports, concerts, beaches, shopping,
restaurants, hiking trails, festivals,
and more.

Half of all Nobel Prize winners in

the United States were educated in
Massachusetts.

#1 in bachelors degrees, at 38.2%.

#1 state in advanced degrees, at 16.8%
of the over 25 population; 19% of metroBoston.

#1 state in 4th grade math and reading,

and #2 in 4th grade writing scores.

#1 state in 8th grade math, #1 in 8th

grade reading, and #3 in 8th grade
writing scores.

#1 state in K-12 achievement by

Education Week.

#2 in the world in science achievement

among 8th graders.

General Electric | introduction

St
a
se
el

Ex
pw
y
Bo
st
on

Meridian St

Piers
Park

Faneuil Hall
Quincy Market

Former BPS HQ
(26 Court Street)
St

n
to
ng
W
as
hi

St
ss
re

Fan Pier

Se
a

SOUTH
STATION

Knee
la

nd S
t

Boston Inner
Harbor

ng
Co
St
se
ha
Av
c
r
tic
Pu
lan
t
A

Boylston St

CHINATOWN

NE Aquarium

FINANCIAL
DISTRICT

DOWNTOWN
CROSSING

Tufts
Medical
Center

Long Wharf

po

rt

FORT POINT
DISTRICT

MassDOT
Building

Seaport
World
Trade
Center

Blv
d

Su
m

me

Parcel A-2

rS

Parcel H
D

World Trade
Center Ave
St
Alb
any
ley

St

Broadw
ay

W4

or

M a ss

Cruiseship
Terminal

SOUTH BOSTON
WATERFRONT

th S

Rd

erke

Dorchester Av

EB

Parcels
D2/D3

Boston
Convention
& Exhibition
Center

tHa
ul

Hera

ld St

6 Tide Street (BMIP)

Rd

Boston
City Hall

Christopher
Columbus
Park

St

bri
d

Boston
Common

Trem
ont
St

r
ve
no
Ha

about boston harbor water transportation

Water transportation is a key component of

Bostons multi-modal transportation network, enhancing access to the citys waterfront districts and coastal communities.
Currently, there are more than 25 water
taxi stops in Boston Harbor and major ferry
hubs including the Long Wharf and Rowes
Wharf in the Downtown Waterfront District,
Charlestown Navy Yard, Logan International Airport, and Fan Pier Cove in the South
Boston Waterfront. Over 4,500 commuters
utilize the water transportation daily, with
an additional 30,000 utilizing the water taxi
system throughout the year.

LOGAN
INTERNATIONAL
AIRPORT

GOV'T
CENTER

S
con
Bea

& ferry service

Ch

in
To
b

M
au
ric
e

Staniford St

ac S
t

BEACON
HIL

Initial review confirms helipad accessibility

for each site highlighted in this booklet.

sS
os

Mer
rim

ial
S

n
un n
r T n Tu
e
n a
m h
Su alla
C

Cr

| transportation

general electric

Com
me
rc

EAST BOSTON

l
ne

NORTH
END

St

There is the potential for General Electric to

partner and benefit from a grant from the
Federal Highway Administration Ferry Boat
Program Discretionary Grant to expand the
vessel fleet by purchasing two inner harbor
ferries to further link the Downtown, East
Boston, Charlestown and South Boston Waterfront Districts, as well as Logan International Airport. The grant amount is for $1.28
million with a 20% match, $320,000 for a total anticipated vessel purchase price of $1.6
million. The City is seeking another public
entity to administer the grant funds, issue a
RFP, and manage vessel procurement.

el

TD Garden
NORTH
STATION

Cam

helipad

rS

nS

federal highway administration ferry boat

program discretionary grant

A hanger will be available at Hanscom Air

Force Base to accommodate six airplanes
for General Electric to fly to and from Logan
International Airport; there is a possibility for
space to become available at Boston Logan
Airport. Both Hanscom Air Force Base and
Boston Logan Airport are operated by Massport.

ge

The South Boston Waterfront and Innovation District, in particular, has robust water transportation infrastructure in place
with further potential to expand service.
Currently there are water transportation
docks in place at Fan Pier, Fan Pier Cove,
Pier 4, Liberty Wharf, and a new ferry
terminal is designed for the World Trade
Center at Commonwealth Pier.

ne

gto

The Massachusetts Department of

Transportation plans to construct a new
ferry terminal within Fort Point Channel,
in proximity to South Station,to link this
major multi-modal transit hub to the
water transportation system.

hanger

in
ash
NW

A new ferry terminal dock at Lovejoy

Wharf in Downtown to provide direct
ferry access from the North Station
transportation hub to the South Boston
Waterfront at Fan Pier Cove. This project
is planned for 2016.

E
Surrounding Bostons 400 year old downtown peninsula is one of the most extraordinary
concentrations of innovation, business, recreation, and transportation in all of North America.
Bostons downtown boasts an incredible proximity to Logan Airportnonstop flights to 53
international and 76 domestic destinations are never
Su more than 16 minutes away.
m

E Street

Ha
ul

Sites included in this proposal will offer

General Electric signage on properties.

St

St

New water transportation infrastructure is

being added to improve the system. Planned
infrastructure improvements include:

signage

ton

ng

nni
Be

YOUR HEADQUARTERS

W
ar
re
n
i n St

infrastructure improvements underway

Br
id
ge

TRANSPORTATION &
INFRASTRUCTURE INCENTIVES

CHARLESTOWN

Br
oa

D Street

dw

ay

1s

general electric

| location map

Br
id
ge

existing building

W
ar
re
n
i n St

This location is within walking distance to four MBTA lines, including the South Station Intermodal
Center with connections to Logan Airport via the Silver Line. It is also minutes from the Mass
Turnpike (route 90) and the primary north-south artery through Boston, the Southeast Expressway
(route 93), as well as the Ted Williams tunnel to Logan Airport. The site is 3 parcels totaling 5.8
acres, with an existing 104,000 square foot office building for renovation.
a

The 11 story building is roughly 160,000 square feet and centrally located with proximity to the
financial district and Massachusetts State House. One of the most historic buildings in Downtown
Boston, 26 Court Street is believed to be the oldest plot of land continuously owned by the City of
Boston. The building has served Boston as a jail, court house, and most recently was home to the
headquarters of Boston Public Schools.

| downtown

To
b

185 kneeland street

| downtown

in

for renovation
CHARLESTOWN

St

ing

ash
NW

St
a
se
el
Ex
pw
y

Boston
Common

Trem
ont
St

Staniford St

Possible
new headquarters in a highly
St
con
visible location.

bri
d
St

Boston
City Hall

Faneuil Hall
Quincy Market

Christopher
Columbus
Park

Former BPS HQ
(26 Court Street)
in
gt
on

St

St

FINANCIAL

Boylston St

Long Wharf
NE Aquarium

DOWNTOWN
CROSSING

Tufts
Medical
Center

t
eS
as
h
Av
c
r
tic
Pu
lt an
A

SOUTH
STATION

CHINATOWN

Boston Inner
Harbor

FINANCIAL
DISTRICT
St
ss
re

ve
no
Ha

GOV'T
CENTER
ge

Boston
Common

rS

NE Aquarium

ng
Co

sS
os

Long Wharf

Bea

Cr

ac S
t

Cam

con
Bea

Piers
Park

Faneuil Hall
Quincy Market

Christopher
Columbus
Park

Former BPS HQ
(26 Court Street)

St

Possible
TD Garden office space available for high tech
NORTH
NORTH
and
IT infrastructure jobs
ENDand new location
STATION
for innovation lab.

LOGAN
INTERNATIONAL
AIRPORT

BEACON
HIL

Boston
City Hall

ng
to
n

bri
d

MassDOT

el l
nn ne
Tu Tun
r
ne an
m h
Su alla
C

Ha

CENTER

ownership
Cam

W
as
hi

ial
S

EAST BOSTON

St

nS

Com
me
rc

rS
23 minutes
ve
GOV'T by transit
no

ge

gto

City of Boston

rS

ac S
05 minutes
by t car
t

Staniford St

in
ash
NW

ne

ownership

Mer
rim

Meridian St

Su
m

NORTH
END

sS
os

08 minutes by car
20 minutes by transit

3.0 miles

Cr

2.4 miles

TDEligible
Garden
NORTH
STATION to logan
proximity

ial
S

el l
nn ne
Tu Tun
r
ne an
m h
Su alla
C

Br
id
ge
in

To
b

St

proximity to logan

BEACON
HIL

helipad

Bo
st
on

M
au
ric
e

To be determined

Mer
rim

St

W
ar
re
n
i n St

nS
gto

n
nni
Be

Com
me
rc

ton

CHARLESTOWN
helipad

Ch

26 court street

MASSDOT BUILDING

existing building
for renovation

M
au
ric
e

FORMER BPS HEADQUARTERS

Knee
la

nd S
t

MassDOT
Building

Fan Pier

Se
a

po

FORT POINT
DISTRICT

rt

Blv
d

Su
m

me

rS

World Trad

Meridian St

MassPort
FORT POINT
DISTRICT

Su
m

me

y St

Parcels
D2/D3

M a ss

St
a
el
se
Ch

in

St
W
as
hi
ng
to
n

6 Tide Street (BMIP)

H
erald

Ex
pw
y
Bo
st
on

permitting phase

t
eS
Av
c
r
tic
Pu
n
a
l
At

MassDOT
Building

This site has been approved by the BRA

for construction

Fan Pier

ownership

Se
a

po

FORT POINT
DISTRICT

rt

Blv
d

EDIC

Su
m

me

Seaport
World
Trade
Center

Parcel A-2

rS

World Trade
Center Ave

St

or

Boston
Convention

tHa
ul

Hera

ld St

nd S
t

Parcel H
D

World Trade
Center Ave

Knee
la

Tufts
Medical
Center

Parcel A-2

rS

Existing water taxi dock at

Liberty Wharf (0.36 mi.)

FINANCIAL
DISTRICT

SOUTH
STATION

CHINATOWN

Boston Inner
proximity
to ferry access
Harbor

Parcel H
Rd

nd S
t

tB
lvd

22 minutes by transit

NE Aquarium

s
ha

Boylston St

Seaport
World
Trade
Center

10 minutes by car

Long Wharf

Boston
Convention

Parcels
D2/D3

tHa
ul

Knee
la

Tufts
Medical
Center

MassDOT
Building

DOWNTOWN
CROSSING

3.1 miles

or

ea
po
ownership
r

Former BPS HQ
(26 Court Street)

St

Boston
Common

Faneuil Hall
Quincy Market

St

SOUTH
STATION

This site benefits from a streamlined permitting process managed by Massport

Boston
City Hall

proximity to logan
Christopher
Columbus
Park

Fan Pier

con

y St

t
eS
Av
c
r
tic
Pu
n
a
l
At

Bea

Ha

St
ss
re

CHINATOWN

Boston Inner
proximity to ferry
access
Harbor

Eligible
rS
ve
no

ng
Co

Boylston St

15 minutes by transit

permitting phase

s
ha

bri
d

BEACON
HIL

Existing water taxi dock at Liberty Wharf

(0.35 mi.), Pier 4 water taxi (0.33 mi.), Fan Pier
Cove ferry terminal (0.4 mi.)

FINANCIAL
DISTRICT
St
ss
re

DOWNTOWN
CROSSING

NE Aquarium

ng
Co

W
as
hi
ng
to
n

Boston
Common

11 minutes by car

Long Wharf

Trem
ont
St

St

St

GOV'T
CENTER

Cam

Rd

Former BPS HQ
(26 Court Street)

2.8 miles

helipad

St

con

St

Bea

Faneuil Hall
Quincy Market

ac S
t

ge

ge

BEACON
HIL

Boston
City Hall

proximity to logan
Christopher
Columbus
Park

St

bri
d

Ha

Piers
Park

LOGAN
INTERNATIONA
AIRPORT

Staniford St

Staniford St

GOV'T
CENTER

Cam

Trem
ont
St

Eligible
rS
ve
no

NORTH
END

sS
os

Mer
rim

Cr

sS
os

St

helipad

Cr

ac S
t

ton

ing

St

Piers
Park

| south boston waterfront district

ash
NW

ton

ing

ash
NW

Mer
rim

NORTH
END

This project is located in the South Boston Waterfront District,

nestled between Bostons
Su
mn
eadjacent
transportation gateways, abutting historic Boston Harbor,
to Logan
International Airport,
rS
t
EAST BOSTON
and at the nexus of two major interstate highways.
This proposed site operated by the Economic
l
ne nel
nBoston
n
u
Development Industrial
Corporation
(EDIC)
of
calls for the construction of a 355,000 square
Com
r T Tu
me
ne han
r
c
m
ial
foot development in the Boston
Marine Industrial
Park.
Su alla
St

LOGAN
INTERNATIONAL
TD Garden
NORTH
AIRPORT
STATION

TD Garden
NORTH
STATION

To
b

6 tide street

The Project Site is strategically located within the South Boston Waterfront
District, occupying two
Su
mn
er Summer Street is the major
of the four corners at the intersection of Summer Street and D Street.
St
EAST BOSTON
east-west street in the District, providing a direct connection
to
downtown
Boston. D Street is the
l l
e
n e
major north-south street, linkingCothe
waterfront to the traditional
South Boston neighborhood. The
un nn
r T n Tu
mm
e
n ha
erc
m a
ial 4.9 acres on two
Project Site consists of approximately
parcels owned by Massport.
Su allseparate
St

vacant land
for development
Meridian St

Bo
st
on

St

St

6 TIDE STREET

| south boston waterfront district

nS
gto

n
nni
Be

M
au
ric
e

Ex
pw
y

W
ar
re
n
i n St

vacant land
for development

Br
id
ge

St
a
Ch

To
b
M
au
ric
e

D-2 & D-3

summer street & d street

CHARLESTOWN
M

W
ar
re
n
i n St

el
se

Br
id
ge

nS
gto

n
nni
Be

in

CHARLESTOWN

M a ss

6 Tide Street (BMIP)

NE Aquarium

proximity to ferryBoston
access Inner

Fan Pier

po

FORT POINT
DISTRICT

rt

Su
m

me

Seaport
World
Trade
Center

Blv
d

Boston

Ma

ss p

St
a
Ch
Ex
pw
y
Bo
st
on

Meridian St

Boston Inner

proximity to ferry
access
Harbor

Existing water taxi dock at Liberty Wharf

(0.3 mi.), Pier 4 water taxi (0.3 mi.), Fan Pier
Cove ferry terminal (0.35 mi.)
ownership

t
eS

MassDOT
Building

16 minutes by transit

Fan Pier
Massport

Se
a

po

FORT POINT
DISTRICT

rt

Su
m

me

Seaport
World
Trade
Center

Blv
d

Parcel A-2

rS

World Trade
Center Ave

Parcel H

Hera

6 Tide Street (BMIP)

ld St

tHa
ul

Parcels

or

ld St

nd S
t

Parcel H

Hera

NE Aquarium

FINANCIAL
DISTRICT

SOUTH
STATION

Knee
la

Tufts
Medical
Center

World Trade
Center Ave

08 minutes by car

Long Wharf

as
v
rch tic A
Pu
n
a
l
At

CHINATOWN

Parcel A-2

rS

el
se

Br
id
ge
in

St
W
as
hi
ng
to
n

DOWNTOWN
CROSSING

2.6 miles

Boston
Convention

Parcels
D2/D3

tHa
ul

nd S
t

MassDOT
Building

Former BPS HQ
(26 Court Street)

Boylston St
Se
a

Faneuil Hall
Quincy Market

or

Knee
la

Trem
ont
St

Massport

proximity to logan
Christopher
Columbus
Park

CHINATOWN

Boston
Common

ownership

Rd

SOUTH
STATION

Boston
City Hall

St
con
Bea

Harbor
Existing water taxi dock
at Liberty Wharf
(0.3 mi.), Pier 4 water taxi (0.3 mi.), Fan Pier
Cove ferry terminal (0.35 mi.)

Ha

St
ss
re

St
ss
re

t
eS

15 minutes by transit

as
v
rch tic A
Pu
lan
t
A

Boylston St

Tufts
Medical
Center

ng
Co

DOWNTOWN
CROSSING

FINANCIAL
DISTRICT

bri
d

BEACON
HIL

St

ng

to
n

St

St

Cam

08 minutes by car

Long Wharf

Eligible
rS
ve
no

ng
Co

Boston
Common

Former BPS HQ
(26 Court Street)

W
as
hi

con

St

Bea

Faneuil Hall
Quincy Market

GOV'T
CENTER

y St

ge

BEACON
HIL

Boston
City Hall

2.6 miles

helipad

St

bri
d

Christopher
Columbus
Park

LOGA
INTER
AIRPO

Piers
Park

Rd

proximity to logan

ac S
t

ge

Cam

Trem
ont
St

r
ve
no
a
H

Staniford St

sS
os

Staniford St

Cr

Eligible

GOV'T
CENTER

Mer
rim

NORTH
END

sS
os

helipad

Cr

Piers
Park

LOGAN
TD Garden
INTERNATIONAL NORTH
STATION
AIRPORT

ial
S

e l
nn ne
Tu Tun
r
ne an
m h
Su alla
C

St

NORTH
END

ac S
t

M
au
ric
e

Ex
pw
y
Bo
st
on

Com
me
rc

St

St

TD Garden
NORTH
STATION

ial
S

n e
un nn
r T n Tu
e
n a
m h
Su alla
C

Similar to A2, this 1.8 acre sites location in the South Boston Waterfront
District delivers great
Su
er
access and amenities. It is also adjacent to the MBTA Silver line withmnthe
potential for
on-site
St
EAST BOSTON
structured parking.
l
ton

ton

Com
me
rc

| south boston waterfront district

ing

ing

ash
NW

Located in the heart of the innovation district, this is a 1.2 acre site with terrific transit access.
Adjacent to the MBTA Silver line and a short walk to South Station directly
accesses the airport and
Su
mn
e
rS
greater Boston in a matter of minutes. For commuters, there is available parking
in the planned
Air
t
EAST BOSTON
Rights Garage adjacent to A2 with a possible direct pedestrian connection.
el l

vacant land
for development

ash
NW

Meridian St

congress street

nS
gto

n
nni
Be

To
b

St
a
el
se
Ch

Br
id
ge

To
b
M
au
ric
e

| south boston waterfront district

PARCEL H
St

St

congress street & world trade center avenue

Mer
rim

W
ar
re
n
i n St

vacant
for development

CHARLESTOWN
M

A2

W
ar
re
n
i n St
land

ton

ing

nn
Be

in

CHARLESTOWN

St

M a ss

6 Tide Stre

Br
id
ge

To
b

St

M
au
ric
e

W
ar
re
n
i n St

ton

ng

nni
Be

in

CHARLESTOWN

Meridian St

St

St
a
el
se

St

Bo
st
on

Ex
pw
y

M
au
ric
e

Meridian St

| south boston waterfront district

d street & e street

St

| south boston waterfront district

AIRPORT

S
con
Bea

n
to
ng

Trem
ont
St

2.6 miles
Longminutes
Wharf
08
by car

proximity to ferry access

MassDOT
Building

proximity to ferry

or

tB
lvd
access

FORT POINT

Seaport
World
Trade
Center
Liberty
Wharf

World Trade
Parcel H
Center
Ave Center Authority
Massachusetts
Convention
ownership

Rd

St

Massport

FORT POINT
DISTRICT

rt

Blv
d

Su
m

me

Seaport
World
Trade
Center

EB

erke

Parcel A-2

rS

Parcel H
tHa
ul

or

Parcels
D2/D3

M a ss

6 Tide Street (BMIP)

M a ss

Cruiseship
Terminal

SOUTH BOSTON
WATERFRONT

th S

Boston
Convention
& Exhibition

St

Broadw
ay
W4

Hera

ld St

ley

Parcels
D2/D3

Boston
Convention
& Exhibition
Center

St

po

or

ld St

Se
a

tHa
ul

Hera

World Trade
Center Ave
y St

ap

Rd

nd S
t

22 minutes bySe transit

E Street

Ha
ul

Knee
la

nd S
t

Fan Pier

10 minutes by car

Alb
any

CHINATOWN

Knee
la

Tufts
Medical
Center

Fan Pier

Rd

St
W
as
hi
ng
to
n

SOUTH
STATION

3.0 miles

MassDOT Existing water

taxi dock at
DISTRICT
Building (0.3 mi.),SumPier
4
water taxi (0.3 mi.), Fan Pier
me
rS
Parcel A-2
t
Cove ferry terminal (0.35 mi.)

ownership

St

St
ss
re

St
se
ha
Av
c
r
tic
Pu
lt an
A

SOUTH
STATION

CHINATOWN

ng
Co

Boylston St

Harbor

proximity to logan

t
eS
Av
c
r
tic
Pu
lt an
A

Boylston St

Existing water taxi dock at Liberty Wharf

FINANCIAL
(0.35 mi.), Pier 4 water taxi (0.33 mi.), Fan Pier
DISTRICT
Cove ferry terminal (0.4 mi.)

Eligible

s
ha

Dorchester Av

St

Faneuil Hall
Quincy Market

DOWNTOWN
CROSSING

St
ss
re

proximity to logan
Christopher
Columbus
Park

Former BPS HQ 15
NEminutes
Aquarium by transit
Boston Inner
(26 Court Street)

DOWNTOWN
CROSSING

Tufts
Medical
Center

r
ve
no

Boston Inner
Harbor

helipad

FINANCIAL
DISTRICT
ng
Co

Ha

Boston
City Hall

St

Boston
Common

Piers
Park

(26 Court Street)

Boston
Common

Eligible
S

HIL

St

Piers
Park

W
as
hi

sS
os

Staniford St

Cr

bri
d
ge

con
Bea

vacant land
for development

Both sites are located in close

proximity to the Boston Convention & Exhibition Center (BCEC).
Mer
rim a
c St
t
The parcel on D Street is approximately
163,000
square feet and can accommodate a building up
S
to 75 feet in height, about 6 stories, and a footprint
of 122,000 square feet. It is under a mile to
r
ve
GOV'T
no
Ha
MBTA transit access, next to Element
Hotel,
and
across
the street from the BCEC and Lawn on D.
Christopher
CENTER
Cam
Columbus
The parcel on E Street can accommodate
a 600,000 square
foot building, of up to 10 stories, and a
bri
Park
Boston
d
Faneuil Hall
LOGAN
Long
City
Hall
footprint of up to approximately 80,000 square
feet. This siteWharf
is also less than a mile to MBTA transit
Quincy Market
INTERNATIONAL
BEACON
access, and is across from
the new Aloft
Hotel,
one
block
from
the BCEC and the Westin hotels.
Former BPS HQ NE Aquarium

helipad

GOV'T
CENTER

BEACON
HIL

NORTH
END

St

NORTH
END

ac S
t

Cam

Trem
ont
St

ge

TD Garden
NORTH
STATION

Mer
rim

ial
S

e
nn ne
Tu Tun
r
ne an
m h
Su alla
C

el l
nn ne
Tu Tun
r
ne an
m h
Su alla
C

sS
os

ton

Com
me
rc

TD Garden
NORTH
STATION

EAST BOSTO

Cr

ing

ash
NW

Located in the South Boston Waterfront District, this site has the capacity for a 150,000
square foot
Su
m
er
office building with parking provided in the adjacent Massport Air Rights Garage. nThe
site
is alsoEAST BOSTON
St
adjacent to the MBTA Silver line station.
l l

ial
S

D STREET & E STREET

Staniford St

massport haul road & world trade center avenue

vacant land
for development

St

WORLD TRADE CENTER AVE

Com
me
rc

rS

To
b

in

n
Be

ton

W
ar
re
n
i n St

Ch

nin

ne

ing

CHARLESTOWN

t
nS
gto

ash
NW

Br
id
ge

Su
m

Br
oa

D Street

dw

ay

1s

JOINT STATE-CITY TASK FORCE

The Joint State-City General Electric Task Force provides General Electric with a single point
of contact to support a seamless permitting, relocation, and transition to Boston. Through
its enabling legislation, the Boston Redevelopment Authority (BRA) provides streamlined
real estate development permitting. As such, the sites offered in this proposal have been
coordinated through the BRA, as a single point of contact. Should additional approvals be
required, a BRA ombudsman will coordinate with all relevant city, state and other parties.

DEPARTMENT

NAME

Governors Office

Steve Kadish, Chief of Staff

Mayors Office

Dan Koh, Chief of Staff

Massachusetts Executive Office of Housing

and Economic Development
Massachusetts Executive Office of Housing
and Economic Development
Mayor's Office of Economic Development,
City of Boston
Mayor's Office of Economic Development,
City of Boston
Massachusetts Department of
Environmental Protection (MASSDEP)
Massachusetts Department of
Transportation (MassDOT)

We propose an exciting partnership to launch an Innovation Lab in

Downtown Boston to showcase your technology, especially healthcare and digital hardware
technology. The proposed Life Sciences Innovation Lab would be in partnership with General
Electric, the City of Boston, MassChallenge, and the Massachusetts Life Sciences Center
(MLSC). As part of this partnership, MassChallenge would operate the Innovation Lab and
MLSC would support up to $5 million to build-out the facility.
your innovation lab

bostons innovation district

Mike Kennealy, Assistant Secretary for

Business Growth

Bostons Innovation District spans 1,000

John Barros, Chief

Lauren Jones, Deputy Director of
Business Strategy
Martin Suuberg, Commissioner
Kate Fichter, Assistant Secretary of
Policy Coordination
Ronald Rakow, Commissioner

Boston Civic Design Commission

David A. Carlson, Executive Director

Boston Disabilities Commission

Kristen McCosh, Commissioner

Boston Fire Department

Joseph P. Finn, Commissioner

Boston Inspectional Services

Department (ISD)

William Christopher, Commissioner

Boston Public Health Commission (BPHC)

Lisa Conley, Director of Policy Development

Boston Public Works

Michael Dennehy, Commissioner

Boston Redevelopment Authority (BRA)

Brian Golden, Director

Boston Transportation Department (BTD)

Chris Osgood, Chief

Boston Water & Sewer Commission

Charlie Jewell, Director of Planning

Mayor's Office of Environment, Energy &

Open Space, City of Boston

Austin Blackmon, Chief

| task force

Boston is the worlds most sustainable source of exceptional talent. We are home to the
best institutions and amazing businesses; the future of robotics, life sciences, and energy are
developed here.

Jay Ash, Secretary

Boston Assessing Department

general electric

YOUR INNOVATION LAB

south bostons waterfront district

acres on the South Boston Waterfront.

Its the citys newest cluster of high

tech research, development, and
manufacturing firms.

Since 2010, the South Boston Waterfront

has added over 100 new businesses.

Home to MassChallenge, the worlds

largest startup accelerator.

Technology companies, including

greentech and life sciences, significantly
represent the areas growth.
growth in the high tech sector

Bostons high tech sector has grown 9%

per year since 2010.

Boston is particularly strong in computer

systems design and scientific research
and development. In fact, Bostons share
of employment in scientific research and
development is two and a half times the
national average.

life sciences corridor

Boston collaborates with Somerville,

Cambridge, Quincy, and Braintree to
support the Life Sciences Corridor.

The Life Sciences Corridor is home to

over 450 companies within the Life
Sciences Industry Cluster.

The Life Sciences Corridor is sustained

by skilled labor force availability, access
to leading universities, the existence
of established innovative research and
development districts, proximity to major
research hospitals, and presence of
venture capital resources.
medical research

In Boston, the Longwood Medical Area

is a world famous medical epicenter with
over 43,000 scientists, researchers, and
staff including over 19,000 students.

In 2014, the Longwood Center opened,

adding an additional 350,000 square feet
of R&D space in Bostons strongest life
sciences cluster.

2014 marked the 20th consecutive year

that Boston received the most National
Institutes of Health funding of any U.S.
city. Forty-six Boston institutions received
3,521 NIH awards for more than $1.7
billion in funding.
general electric

| innovation lab

YOUR HOME

HOMEOWNERSHIP SUPPORT

general electrics concierge relocation services

The City of Boston wants to ensure a

seamless relocation and transition to Boston for General Electric and its employees. General
Electrics Concierge Relocation Services offers a range of services and support.
temporary general electric space

transportation

Boston understands General Electrics

relocation of its corporate headquarters is
a major endeavor. The State-City Joint Task
Force will work closely with General Electric
to discuss property needs and confirm
availability of temporary space for up to 50
executives very early in the process.

Boston has many transportation options,

and we will help you get around the city. We
will offer walking guides to the third most
walkable city in America and access to a T
(subway and bus) pass with map/schedule.

bostons business network

We will help you make connections within

the Boston business community.
homeownership

The Boston Home Center will offer a

package of resources for General Electric
employees (See Homeownership Incentives).
job listings

We will provide referrals to head hunting

services and job listings in and around Boston.
education and childcare

We will help you find day care services,

public and private schools, and introductions
to premier colleges and universities in the
Boston area such as Harvard University,
Boston College, Northeastern University,
Emerson College, and Suffolk University.
moving referrals

We will provide referrals to moving

companies, storage companies, and home
services to get you settled in your new home.
introductory city tour

We will host an introductory city tour to

provide you with an orientation to Boston,
highlighting its history, cultural and athletic
institutions, parks, shopping areas, and
medical facilities.
general electric

| your home

The City of Bostons Boston Home Center would be able to support General Electric
employees seeking homeownership or rentals in Boston through the following incentives:
The City of Bostons Boston Home Center (BHC) will
work with GE to create a homebuying match loan program. The program will work with the
existing BHC loan program to hold a Homebuying 101 (HB101) course at General Electric
headquarters where graduates are eligible for between 3% and 5% for down payment and
closing cost assistance from the BHC loan program. Loans are zero interest deferred loans
that are forgivable and become a grant if the homeowner lives in Boston for 10 years.
bostons live near your work initiative

boston attractions

Once youre settled and enjoying your new

home, enjoy a guide to Bostons sights,
events, and attractions. Local happenings
capturing our rich history, diverse
neighborhoods, and legacy of arts, culture
and education are frequently updated at
www.CityofBoston.gov/Visitors.
Among features in Boston, CityPass allows
you to visit the New England Aquarium,
Museum of Science, Museum of Fine Arts,
and either the Skywalk Observatory or the
Harvard Museum of Natural History - on us!
www.CityPass.com/Boston
on-site services for ge employees

We will partner with Bostons City Hall To

Go truck to visit General Electric every day
for a week upon opening, and quarterly
during General Electrics first year in Boston
to offer a range of on-site services from the
Commonwealth of Massachusetts and the
City of Boston for employees. No standing in
line, no hassles, no fuss, just service.
Services range from applying for a state
license and automobile registration, and
applying for a residential parking permit
to registering to vote, pre-registering for
school, and requesting a handicap parking
space. Inspired by food trucks, Bostons
bright and friendly mobile City Hall truck is
about serving city residents where they live,
work and play.

A welcome presentation from Housing

Chief Sheila Dillon and Deputy
Director Rob Consalvo on Department
of Neighborhood Development
programming including an in-depth
presentation on the homebuyer and
homeownership programs and services
offered by the BHC.
Hold a Homebuying 101 (HB101) course
at General Electric headquarters for
company employees, including a waiver
for any and all charges for the course.
(Course currently charges a fee for
enrollment.)
Schedule BHC Meet the Lenders and
Realtors event and three additional BHC
specifically for the company at General
Electric headquarters employees.
Dedicate a member of the BHC
homebuying team as General Electrics
Champion who will be responsible for
working with and assisting any company
employee with all aspects of homebuying
and homeownership.

For home purchases outside of Boston,

MassHousing will provide counseling for
employees including briefing/training
at their offices about the mortgage
programs that MassHousing has available
and collateral loan materials personalized
for employees. MassHousing is one of
the premier housing finance agencies
in the country, with a network of more
than 170 lenders originating mortgages
as well as its own mortgage insurance
business. MassHousing will select a
small number of its top lending partners
willing to designate specific loan officers
to work with employees, and all loans
will be serviced by dedicated staff,
insuring customized service for loans
made through the MassHousing network.
MassHousing will also provide financing
with as little as 3% down for all eligible
home buying employees of the company
and for all eligible loans. Rates will be
made at our lowest possible cost of
funds, with a 20% reduction in the cost of
private mortgage insurance.

Conduct a BHC trolley tour of Bostons

neighborhoods with BHC staff for
company employees to introduce each
Boston neighborhood to company
employees as well as to showcase
different housing stock and important
neighborhood characteristics.
general electric

| homeowner support