Since Larry Culp took over as GE's CEO, GE has declined to say whether its Boston headquarters plans might change. If Culp’s priorities at his last job are any indication of what’s coming at GE — Culp's former company maintained a small, humble headquarters in a Washington, D.C., office building — then a 390,000-square-foot headquarters may not be high on his list. In fact, some analysts predict Culp and GE's new leadership will scale down the campus from Immelt's original vision. While a less ambitious headquarters would save GE potentially tens of millions of dollars, it could jeopardize the tax breaks that GE is set to receive from the city and the state. For instance, the city tax break is tied to GE bringing at least 400 jobs to Boston.
