GE Eyes Boston's Seaport District for Potential HQ: Report

General Electric is eyeing sites in Boston’s Seaport District for a potential new headquarters, according to the Boston Globe.

Boston has previously been mentioned as a potential finalist if GE decides to relocate from its Fairfield headquarters, along with the Greater New York area and Rhode Island. CEO Jeff Immelt has said the company will decide where it will call home by the end of the year.

The Globe reports Massachusetts Governor Charlie Baker and Boston Mayor Martin J. Walsh have been involved in the talks and GE has been looking at a number of local sites, particularly in the waterfront section of South Boston.

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Sources told the Globe GE is considering buying, leasing, or building a new facility. GE already has a large presence in Massachusetts, with thousands of employees working there.

The Globe reports Massachusetts and Boston are not offering special tax breaks to lure GE beyond the incentives they normally offer companies, such as property tax relief and tax credits.

GE has been weighing its options about relocating from its Fairfield headquarters ever since Immelt expressed frustration over Connecticut’s new business tax increases in June. But the General Assembly passed a bill in a special session this week that rolled back some of the changes that alarmed businesses.

Read the Globe’s full report at Boston’s talks with GE here.