News: Owners Developers & Managers

Campanelli Cos. to develop 78,300 s/f medical center for A.W. Perry

Campanelli has been named by A.W. Perry as the construction management team for the development of Two Pond Park Medical Center. Lead by Perry South Shore Development, LLC an A.W. Perry affiliate, the 78,300 s/f medical building will be developed at the entrance of the South Shore Park at Derby St. and Rte. 3 and will house South Shore Orthopedics, LLC and South Shore Hospital's Outpatient Center for Orthopedic Care and Pain Management. Floors one and two of Two Pond Park Medical Center will include offices of South Shore Orthopedics, LLC, some diagnostic imaging services, an outpatient surgical center and South Shore Hospital 's pain management program. The third floor is being offered for lease by A.W. Perry to other medical professionals. At the recent ground breaking ceremony, secretary of housing &economic development, Greg Bialecki, said that a $750,000 economic development stimulus funds grant was awarded to the Town of Hingham relating to the project. The funds will be used for the purpose of constructing road improvements necessary to make the project possible. The expected completion date for the project is the 3rd quarter of 2011. About Campanelli Companies Established in 1947, Campanelli Companies is a full-service commercial real estate development and construction company with extensive experience in the industrial, office, medical office, warehouse/distribution and retail markets. To date, Campanelli has developed 18 million square feet of commercial real estate property in New England and the Eastern Seaboard. The company's signature capabilities include land development, design and build, redevelopment and value-added acquisitions. It is Campanelli's all-encompassing and quality services that have led to its successful track record as a highly-regarded developer; from site selection, feasibility analysis, local, state and federal permitting, to architectural and engineering design, building construction and facilities and property management. With a cohesive development team that has worked together for more than fifty years, Campanelli can assure its clients that every aspect of a project is directed, monitored and controlled by Campanelli Companies. For more information, visit www.campanelli.com.
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Elm Grove Companies breaks ground on $20 million - The Rapids On Cocheco

Rochester, NH Real estate development firm, Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit workforce housing community at 29 Wadleigh Rd. This will be the company’s ninth venture in the affordable housing arena with other affordable properties in the state totaling 430 apartments
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Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.
IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season
Selecting the right façade installation firm - by Steven Powell

Selecting the right façade installation firm - by Steven Powell

As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact