General Electric Co. said Friday that Suffolk Construction Co. will manage the construction of a 12-story building that will anchor the industrial giant’s new headquarters in South Boston.
Terms of the deal were not disclosed.
GE’s $200 million campus in the Fort Point neighborhood will also include two renovated brick buildings that were once used by New England Confectionery Co. As of now, Suffolk is slated to oversee construction only for the new building.
Prior to construction, Suffolk will work with the project’s architect, Gensler, on the final design while also nailing down the construction schedule, logistics, and costs, GE said. It plans to open the complex in 2018.
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The Suffolk selection comes a day after GE and state agency MassDevelopment completed a deal to acquire the property from Procter & Gamble Co.
Ann Klee, a GE vice president overseeing the Boston move, said the property acquisition and contractor decision announcements were not directly related. But together, they marked a “big week” for the company’s relocation, she said.
“You feel a whole lot better when you own the land before you select the contractor,” Klee said.
Suffolk, the city’s largest construction firm, has worked on many high-profile projects in Boston, including the recently completed Millennium Tower in Downtown Crossing. Chief executive John Fish is a member of the Massachusetts Competitive Partnership, a powerful business group whose leaders helped recruit GE to Boston in January.
Earlier this year, Suffolk locked up a $1 billion agreement to build the Wynn Resorts casino in Everett. At the time, Fish called the Wynn project the “crown jewel of our portfolio.”
GE owns the property for the new building, but MassDevelopment owns the Necco site and work on those buildings will eventually go out to public bid. The state’s ownership allows for real estate and construction costs to be financed with $120 million in public funding that Governor Charlie Baker’s administration used to lure GE to Boston.
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Suffolk general manager Angus Leary said the company plans to bid for the work on the two brick buildings, as well.
GE is currently operating out of temporary headquarters near the future campus.
Adam Vaccaro can be reached at adam.vaccaro@globe.com. Follow him on Twitter @adamtvaccaro.