Project Progress: Under Construction

  • Innovation point npc 2
  • Innovation point npc 1
Architects Gensler
General Contractors Consigli Construction
Energy Efficiency Services Eversource
Engineers VHB, RWDI Consulting Engineers and Scientists, RDK Engineers, Haley & Aldrich, and LeMessurier
Landscape Architects The Office of James Burnett
Developers National Development and Alexandria Real Estate Equities
Real Estate Brokers CBRE
Technology Companies Touchplan

About Innovation Point

5 Necco Street, Fort Point, Boston, MA

Original plans for Innovation Point called for General Electric to build out and occupy the 2.5 acre 390,000 square foot campus as their new headquarters. The parcel consists of two historic six-story brick Boston Wharf Company warehouse buildings at 5 and 6 Necco Street being renovated and a section of the existing Gillette parking lot where plans called for a new construction building. 

In February of 2019, GE announced they would finish renovations to the historic buildings but scrap plans for the new construction piece of the project. Then, in May 2019, GE sold the property and will now lease back the newly renovated historic buildings. The new development team, a partnership between National Development and Alexandria Real Estate Equities filed a NPC in November 2019 for minor changes to the new construction piece of the project. The new, 12-story, approximately 316,000 square-foot building would now be used as a multi-tenant office/life sciences/research and development building with active ground floor uses, such as retail and restaurant spaces within the southern portion of the Project Site (15 Necco Street). Because of the Project Site's proximity to public transit and nearby public parking facilities, the new building is not proposed to include any underground parking.

Acquisition Cost $252,000,100.00
Square Feet 390,000
Sector

Office

Retail

Lab

Stories 12
Height (feet) 173
Start Date Mar 15, 2017
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Latest Updates


Innovation point npc 1

Nov 14, 2019

NPC Filed for Innovation Point

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Ge fort point august 1

Sep 16, 2019

Construction Nearly Complete for GE’s Renovation at Necco Court

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General electric new headquarters campus construction seaport district fort point boston procter gamble gillette parking lot

May 09, 2019

Alexandria Real Estate Equities has acquired the property at Innovation Point in Boston, MA for...

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Ge innovation point feb

Feb 11, 2019

Renovation Moves Forward at Innovation Point as GE Scraps Plans for New Tower

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Ge fort point

Oct 10, 2018

Renovations Continue for GE's Future Headquarters in Fort Point

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General electric new headquarters innovation point boston campus construction seaport district fort point boston procter gamble gillette parking lot

Aug 10, 2018

Phase I Construction Continues at Innovation Point

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General electric new headquarters campus construction seaport district fort point boston procter gamble gillette parking lot

Aug 10, 2017

General Electric takes two-phase construction approach to Fort Point headquarters, completion pushed to 2021

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Pedestrian bridge fort point general electric innovation point

Jun 02, 2017

GE unveils adaptive reuse plans for historic pedestrian bridge at Innovation Point

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May 12, 2017

General Electric breaks ground on new Boston headquarters

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Apr 02, 2017

Initial demolition underway at General Electric Headquarters in Fort Point, groundbreaking set for May 8th

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General electric new headquarters campus construction seaport district fort point boston procter gamble gillette parking lot

Dec 18, 2016

General Electric Headquarters Fort Point land sale closes for $83 million

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Ge headquarters

Nov 02, 2016

BPDA approves General Electric Headquarters

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Aug 01, 2016

General Electric releases renderings and details for Boston headquarters

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Jul 15, 2016

General Electric Headquarters acquisition deal moving forward, construction could start this fall

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Jun 24, 2016

Letter of Intent filed for General Electric Fort Point headquarters, designed by Gensler

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Mar 25, 2016

The Boston Globe reports that General Electric has reached a deal to buy a 2.5-acre...

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