BOSTON—Mayor Martin Walsh delivered his second "State of the City" address on Tuesday evening and detailed his accomplishments over the past year, highlighted by the recent news that General Electric would relocate its corporate headquarters from Fairfield, CT to the Seaport District.

The mayor discussed a host of initiatives he intends to launch or continue in 2016, including his goal of creating 53,000 new housing units in the city by 2030.

However, during his address at Symphony Hall, he talked of the importance of the GE deal to the city. "GE is not only a historic innovator, returning to the city where Thomas Edison got his start. It's not only another step forward for Boston on the world stage. It's a magnet for talent and investment that we'll direct toward our shared goals: in opportunity, in community, in education," the mayor said.

While the exact Seaport address where GE will house its 800 workers has not been revealed as yet, the city and Commonwealth of Massachusetts provided an incentive package valued at more than $151 million, including $120 million in grants and incentives from the Commonwealth of Massachusetts and $25 million in property tax relief from the City of Boston. Published reports indicate that part of the package included a promise to continue its plan to invest up to $100 million in improvements to the Seaport District, including the rebuilding of the Northern Avenue Bridge.

In addition to his commitment to build affordable housing in the city, the mayor also revealed that he was establishing a task force to study the idea of imposing a $15-an-hour minimum wage.

While a Nor'easter could possibly impact the region this weekend, the mayor recalled the city's struggles to cope with the near 10-feet of snow from last year's winter. He did not however, discuss the city's failed bid to host the 2024 Summer Olympic Games. The mayor also covered funding commitments for education, parks, as well as initiatives geared to senior citizens and a goal to end veterans' homelessness.

In terms of his housing programs, he noted there were nearly 4,900 units started in the city last year—a new record. More than 1,000 units were affordable, which was also a new record. He added that the 3,800 homes completed was another high-water mark for the city.

Walsh also announced the launch of the Office of Housing Stability which will develop resources for tenants, incentives for landlords "who do the right thing," and partnerships with developers to keep more of the city's housing stock affordable.

In his address, Walsh also noted that he had named Sara Myerson, currently the executive director of Imagine Boston 2030, as the new director of planning at the Boston Redevelopment Authority. Myerson will help integrate the BRA's ongoing neighborhood planning initiatives with the citywide planning process that she has led since last fall. Myerson previously held a senior role at the nonprofit organization Preservation of Affordable Housing and positions at HR&A Advisors and the Goldman Sachs Urban Investment Group.

The mayor in his address launched two new strategic planning initiatives to be overseen by the BRA that will focus on Roxbury's Dudley Square and the Glover's Corner area of Dorchester. The BRA is currently working with community members in Jamaica Plain, Roxbury, and South Boston on two planning initiatives to guide future development along transit-oriented corridors in those neighborhoods.

The mayor concluded his State of the City address by saying, "Every day, I see us building our dreams together. Every day, my love of this city, and my belief in this city, grows. We will meet our challenges and keep changing the world. And our future will be greater than any one of us can imagine."