News: Front Section

Millennium Partners’ director of social impact and inclusion honored with NAIOP Massachusetts 2020 President’s Award

Boston, MA According to Millennium Partners Boston, Taidgh McClory, the company’s director of social impact and inclusion, has been awarded the NAIOP Massachusetts 2020 President’s Award for his pioneering efforts in implementing diversity and inclusion strategies within the commercial real estate industry. The annual award recognizes exceptional leadership, strategic direction and progressive vision in advancing NAIOP’s diversity, equity and inclusion (DEI) efforts. With McClory’s support, NAIOP has been able to strengthen industry DEI efforts by implementing programming that expands opportunities for minority and women-owned CRE businesses. 

Formerly the managing director and partner at CBRE New England, McClory actively promotes diversity and inclusion through civic engagement and his business, T.H. McClory, LLC, a social impact enterprise founded in 2019 and dedicated to creating and implementing diversity and inclusion strategies for the CRE industry. As the director of social impact and inclusion for Millennium Partners, McClory has implemented the economic inclusion & opportunity initiative for the developer’s forthcoming 691-foot, mixed-use tower, Winthrop Center, developing strategies that support workforce development and supplier diversity and that broaden access to network relationships among people of color and women in the commercial real estate industry. 

Millennium Partners Boston’s vision is to facilitate meaningful change in the real estate development industry by building a diverse cohort of construction workers, professionals, capital partners and investors. Acknowledging the disparity in economic opportunities available to under-represented populations in Boston and across the commercial real estate industry, Millennium Partners Boston authored a Memorandum of Understanding in 2017 with The City of Boston to promote economic inclusion throughout the entire lifecycle of the development.

“We are tremendously proud to see Taidgh’s impressive efforts in diversity and inclusion recognized with this award,” said Richard Baumert, principal, Millennium Partners Boston.  “Taidgh has been an invaluable resource to our team as we work to foster a more diverse, inclusive, and equitable real estate and construction industry. With his guidance and expertise, we hope that Winthrop Center will be a model that other owners and developers can adopt to make economic inclusion sustainable in Boston and beyond.”

Millennium Partners Boston is reframing the human urban experience in unprecedented ways and has always envisioned Winthrop Center’s impact extending beyond the lives of its residents and office tenants, touching the larger Boston and even global communities and becoming a beacon for a new way of building. Designed pre-pandemic, Winthrop Center’s health and wellness performance attributes will set new advanced standards as the healthiest and most energy efficient workplace in Boston. Winthrop Center is creating new ways to ensure diversity and inclusion in the construction and real estate fields by committing to new goals for employing people of color, women, and local residents on the construction site as well as contracting with women- and minority-owned businesses for construction, design and consulting roles and building operations.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary