By South Boston Online staff
General Electric will soon call South Boston home.
GE announced in a statement Wednesday that it will relocate its headquarters to Boston, leaving Hartford, Conn.
“Boston was selected after a careful evaluation of the business ecosystem, talent, long-term costs, quality of life for employees, connections with the world and proximity to other important company assets,” the company announced in a statement on its website.
The company said its new headquarters will be in the Seaport District, though an exact address has not been announced. The Boston Globe, which broke the news of GE’s move Wednesday morning, reported that the company is looking at a site on Summer Street and a site owned by the Massachusetts Port Authority, as well as other Seaport locations.
The move will begin this year. GE will move employees to a temporary location in Boston this summer and the company plans to have the move completed by 2018, it wrote in the statement.
The company will sell its Hartford and 30 Rockefeller Plaza in New York City offices, it reported.
The Globe reports GE is “the biggest company ever to relocate to the city.”
GE announced its new Boston offices will have about 800 employees: “200 from corporate staff and 600 digital industrial product managers, designers and developers split between GE Digital, Current, robotics and Life Sciences.”
More detailed information about GE’s headquarters relocation is likely to become available soon.
“GE will host a public briefing in Boston with government officials, and business and community leaders, on February 18, 2016,” the company announced.
