News: Front Section

Shawmut Design and Construction breaks Pan-Mass Challenge fundraising goal for third year in a row

Shown are Team Shawmut (from left): Patrick Walsh, Shawmut; Dr. Christopher Sweeney, Dana-Farber; Seth Porter, Shawmut; Jim Scarpone, Shawmut; Les Hiscoe, Shawmut; Chris Ryan; patient of Dr. Sweeney.

Boston, MA Shawmut Design and Construction participated in the 2016 Pan-Mass Challenge, making it the ninth straight year the firm has partaken in the two-day bike-a-thon. This year, Team Shawmut has raised $137,556 and counting. For the fifth straight year the money raised will directly support the research being conducted by Dana-Farber’s Dr. Christopher Sweeney.

Team Shawmut included CEO Les Hiscoe and 23 Shawmut employees and friends, including Dr. Sweeney of Dana-Farber Cancer Institute and three of his cancer patients. The team rode from Sturbridge to Provincetown to increase awareness and funding for cancer research and patient care at Dana-Farber Cancer Institute. Shawmut also sponsored the Brewster PMC water stop and staffed it with 20 enthusiastic volunteers who cheered on the riders as they came through.

“Every year it is amazing to see the amount of support our team receives from Shawmut employees,” said Jim Scarpone, director at Shawmut Design and Construction and Team Shawmut captain. “From riding to working at the Shawmut waterstop, the Pan-Mass Challenge always seems to bring out the best in our company.”

Team Shawmut has consistently raised more than $100,000 a year to support Dr. Sweeney’s efforts which have enabled him to create a unique database of cancer specimen that allows his team to find the key causes of incurable cancer, and test a new drug designed to make standard therapies more effective.

Shawmut Design and Construction is a $1.2 billion national construction management firm with a reputation for completing extremely complex and logistically challenging projects for the most high-profile clients in the industry. As an ESOP (employee-owned) company, Shawmut has created a culture of ownership, proactive solution-making and forward thinking. Eighty percent of its business comes from repeat clients proving there is a strong focus on building lasting partnerships. Shawmut’s unique business model allows project teams to better service clients by focusing their specialized expertise within one of the following areas: academic, tenant interiors, cultural & historic, healthcare & life sciences, hotel, restaurant, retail, and sports venues. Shawmut has offices located in Boston, West Springfield, New Haven, Providence, New York, Miami, Las Vegas, and Los Angeles. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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