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Mintz Meets GE’s Development Priorities for Its New HQ

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Industry: Real Estate

Key Facts

  • Attorneys and professionals from Mintz’s Real Estate, Environmental, and Litigation sections and ML Strategies worked on this project
  • ML Strategies helped negotiate the terms on which GE decided to relocate to Boston

The Situation

GE engaged ML Strategies to help negotiate the terms on which it decided to move to Boston. Then Mintz represented GE in the acquisition and planning of a new headquarters campus that encompassed the rehabilitation of two historic former warehouse buildings; the construction of a new headquarters building; the creation of extensive new public open space; and the incorporation of related site amenities, including Harborwalk improvements along the Fort Point Channel.

 

The Approach

A team of attorneys and support professionals with deep experience in real estate, land use, and environmental permitting, construction, and design contracts and public procurement matters, as well as acquisitions and leasing, worked with professionals from ML Strategies to help guide a unique public/private collaborative effort involving GE, the Commonwealth of Massachusetts, and the City of Boston.

The Outcome

This wide-ranging representation involved site acquisition and ground leasing; the procurement of all necessary State and local entitlements; design and construction contracts; the negotiation of tax abatement arrangements; and related real estate and public financing counsel. GE was able to fully permit the project with eight months of site selection and has commenced construction of the first phase of its headquarters campus.

Supporting Professionals

Jeffrey Porter, Daniel Gaquin, and Rebecca Lee led the legal effort, together with William Hill as well as Bob Ryan from ML Strategies.