Portsmouth, NH A crowd of over 100 members of the One Hundred Club and their guests got the first look at the construction progress at the private club in the downtown during the members social. The crowd toured the expanded space led by members of the Jewett Construction team, the construction company responsible for the renovations.
The event featured speeches from One Hundred Club proprietor Neil Gibb, Jewett Construction senior vice president Greg Stewart, and Jewett Construction vice president of preconstruction and design Dan Ray.
“Being a part of something bigger than simply construction and creating a level of excitement and pride for our project owners, and the communities they create, is why we are involved in projects like this one at the One Hundred Club,” said Greg Stewart, senior vice president of Jewett Construction.
The wood floor and exposed wood features allowed for open movement through what will become the new bar and private dining area once the renovations are complete. Event-goers were able to view renderings of the space as well as samples of all of the finishing features like the carpet types, wall finishes, and various flooring that will be installed.
Construction is expected to be complete in May.
The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.
As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.