Advertisement
U.S. markets open in 2 hours 23 minutes
  • S&P Futures

    5,306.25
    -2.00 (-0.04%)
     
  • Dow Futures

    40,138.00
    -6.00 (-0.01%)
     
  • Nasdaq Futures

    18,496.75
    -7.00 (-0.04%)
     
  • Russell 2000 Futures

    2,136.50
    -1.90 (-0.09%)
     
  • Crude Oil

    82.19
    +0.84 (+1.03%)
     
  • Gold

    2,233.30
    +20.60 (+0.93%)
     
  • Silver

    24.81
    +0.05 (+0.21%)
     
  • EUR/USD

    1.0793
    -0.0036 (-0.33%)
     
  • 10-Yr Bond

    4.1960
    0.0000 (0.00%)
     
  • Vix

    12.99
    +0.21 (+1.64%)
     
  • GBP/USD

    1.2617
    -0.0021 (-0.17%)
     
  • USD/JPY

    151.3730
    +0.1270 (+0.08%)
     
  • Bitcoin USD

    70,715.58
    +682.36 (+0.97%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,955.72
    +23.74 (+0.30%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Amazon Plans to Join Red Hat and GE in Boston’s Hottest Tech Hub

is ready to expand its Boston presence with a new location close to General Electric’s new headquarters, according to the Boston Globe.

Seattle-based Amazon, a giant in retail and cloud computing, will take 150,000 square feet former warehouse right by the Fort Point Channel, which separates Boston from South Boston, according to the report.

Amazon already has a large outpost in Cambridge’s Kendall Square tech hub, which is also home to local offices for , VMware , , , and other tech giants.

Get Data Sheet, Fortune‘s technology newsletter.

This week, Red Hat officially launched a new engineering lab and briefing center in South Boston. And part of the reason Progress Software bought Kinvey, an application development specialist, is to use that company as a downtown Boston center. Progress, itself, is based in the Boston suburbs.

Many companies find it easier to hire top tech talent from area colleges and elsewhere if they can offer downtown locations close to amenities and mass transit. South Boston’s proximity to Logan Airport in theory makes it easy for out-of-towners to come in for meetings, provided they can navigate the already hellacious local traffic.

Fortune contacted Amazon for comment and will update this story as needed.

See original article on Fortune.com

More from Fortune.com

Advertisement