Shawmut targets NYC area growth
Abstract
The Boston-based construction firm is already working on marquee projects in New York City, including City Harvest's newly-unveiled Cohen Community Food Rescue Center in Brooklyn, the Diagrid Club and Chef Jean-Georges Vongerichten's restaurant at 425 Park Avenue, Marymount Manhattan College's new creative hub at the Judith Mara Carson Center for Visual Arts and Adams Street Library in Dumbo, Brooklyn. Shawmut plans to increase its New York City market share in large-scale projects and expand into more secure sectors, such as healthcare and life sciences. Margolius said Avolio's reputation in the industry and experience in New York's construction industry "Made him a natural fit to drive our growth." Here, Construction Dive talks with Margolius about the company's New York ambitions, its recent addition of Suffolk's Avolio to lead the charge and where it's headed next in the region. CONSTRUCTION DIVE: You recently hired Avolio, who headed Suffolk's New York office and serves on the board of the New York Building Congress, to oversee this push. Charles is working closely with New York Metro region leadership and operations teams to find, win and execute large project work. What are the goals for Shawmut's New York metro region? As a 100% employee-owned company, our goals are simple: create a place where our employees can build the career and future they want by building amazing spaces for our clients that contribute to the fabric and landscape of the cities we work in. On the commercial front, New York must innovate through the return-to-office landscape - including amenities spaces and conversions of commercial office buildings - to continue to draw people to our city every day.
