Name: Ralph DeVito, Jr.
Title: Principal
Company: RDK Engineers
Location: Andover, Mass.
Place of birth: Everett, Mass.
Family: Wife, Antonietta, a son Nicholas-11, and a daughter Lea-6
College: Franklin Institute of Boston/ UMass Lowell
First job unrelated to your current field: My first job was at 16, I repaired power tools during the summer.
First job in current field: I have only worked two places in 35 years, 19 years at R.G. Vanderweil and currently 16 years at RDK.
What your firm does now and its plans for the future? Full service MEP/TD/AV, Electronic Security, Commissioning and Energy Consulting. Continue to grow and expand.
Hobbies: Golfing and spending time with my family at our home in York, Me.
Keys to success: Listen, work hard and listen again. I am always good at explaining very technical issues in a way that the client can understand so that decisions can be made to move forward.
Person(s) you most admire (outside of family): Arnold Palmer, always equally gracious whether he won or not.
If you had to choose a different profession, what would it be? Carpenter, always admired what people can do with their hands.
Favorite novel: None, don't get time to read with a 6 and 11 year old.
Favorite film: I don't really have time to watch TV or see many movies other than children's movies.
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.
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