Name: Alex Babbidge
Title: President
Company: Babbidge Construction Company, Inc.
Location: New Haven, CT
Place of birth: Hartford Hospital
Family: Married for 26 years with three great kids (20, 16, and 15)
College: BA from Yale and MBA from UConn
First job unrelated to your current field: Night shift at Burger King
First job in current field: Construction laborer
What your firm does now and its plans for the future? As we have for the past twenty years, we focus on demanding projects in the private institutional and commercial markets within Connecticut. Future plans include extending our current services to a broader client base.
Hobbies: Reading, exercise, working on our house in Maine
Favorite novel: "Moby Dick" (really). Favorite recent novel is "All the Light We Cannot See" by Anthony Doerr.
Favorite film: "Deer Hunter"
Keys to success: Perseverance
Person(s) you most admire (outside of family): Teddy Roosevelt
If you had to choose a different profession, what would it be? Asthma is the only thing that kept me from pursuing a career as a Marine Corps officer.
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 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!
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.
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