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Mayor Menino Celebrates PayPal's New Financial District Office

Feb 28, 2013

Executives at PayPal and its sister company, StubHub, joined Mayor Menino to celebrate their new, state-of-the-art collaborative office space in the Financial District. PayPal relocated from 25,000 SF in the North End to 65,000 SF on the 5th and 6th floor of One International Place.  PayPal retained 160 full time jobs during the move and are incubating 12 start ups with 40+ entrepreneurs at the new location.  StubHub announced the addition of 50 new employees to its team. PayPal was assisted with site location by the BRA's Business Development team and  the Masachussetts Office of Business Development.
“Boston has a young and educated population, a strong economy, and a vibrant future — all driving forces in the innovative business sector.  We’re proud to have a forward-thinking company like PayPal join the ranks of tech organizations locating downtown.” - Mayor Menino
  • 160 jobs retained
  • 50+ Stubhub jobs
  • 12 start ups hosted rent free on site
  • 65,000 SF
  • 59 collaborative spaces
  • 12 workstations and conference spaces
  • conference rooms and video conference rooms
  • 1 usability lab
  • 2 common areas with seating for 60+
  • 2 break areas with gaming and dining space
paypal infographic   About PayPal PayPal is the faster, safer way to pay and get paid online, via mobile devices and in store. The service allows people to send money without sharing financial information, with the flexibility to pay using their account balances, bank accounts, credit cards or promotional financing. With more than 123 million active accounts in 190 markets and 25 currencies around the world, PayPal enables global commerce. PayPal is an eBay company

Related Tags

Downtown Financial District PayPal StubHub tech company 

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