Boston Globe Media Partners plans to move headquarters downtown
The Boston Globe and Boston.com are moving downtown in 2017.
The Globe’s parent company, Boston Globe Media Partners, signed a letter of intent Wednesday with UBS to move the company’s editorial and business operations from its current home in Dorchester to Exchange Place at 53 State Street.
Mike Sheehan, chief executive of Boston Globe Media Partners, said the move “will mark a bit of a homecoming’’ for the company, which was originally located on Washington Street until it moved to Dorchester in 1958.
Sheehan said the company plans on filling the second and third floors of the new building. The company is expected to occupy the new space by Jan. 1, 2017.
“I honestly believe there is no greater opportunity to redefine and transform the culture of The Boston Globe than to move to and work in the ideal location, right in the heart of the city, in an environment designed for the future of journalism,’’ Sheehan wrote.
Earlier this month, Sheehan announced that a new printing facility for the company is being installed in Taunton. The 328,000-square-foot facility’s four press lines, which will print publications including the Globe, The Boston Herald, and The New York Times, are expected to be operational by the end of 2016.
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