February 21, 2023

What’s Ahead for Shawmut

Boston Corporate / Commercial Cultural / Historic DEI Education Healthcare Hospitality Irvine Las Vegas Les Hiscoe Life Sciences Los Angeles Miami New York North Haven Providence Retail Shawmut News Sports Venues Springfield Thought Leadership West Palm Beach

 

Photo: Albert Vecerka/Esto, Courtesy of Ennead Architects

A note from CEO Les Hiscoe: 

I’m excited for 2023 and beyond. The momentum we gained in 2022, our 40th year in business, launched us into our 10-year growth trajectory. Our strategy allows us to strengthen partnerships with our established clients, service new ones, and increase our capabilities overall. The diversification of our work—deepening our expertise nationwide in both new and existing sectors—is setting us up for continued, sustained growth. We were awarded our biggest project to-date and are projected to reach $1.65 billion in 2023.  

Just as important, we’re building structures that enhance communities.  

  • In New York, we’re underway on an out-of-ground health sciences center for St. John’s University in Queens, partnering with Taconic Partners at the Hudson Research Center, and recently completed City Harvest’s Cohen Community Food Rescue Center.  
  • In the West, we’re nearing completion on UCLA’s Nimoy Theater, underway on the Glorya Kaufman Creative Community Center at the Wende Museum, and in the final stages of 843 N Spring Street, a model for sustainable office design.  
  • In New England, we reached a milestone at UMass Chan Medical School’s new education and research building, started on our second life sciences building at the Boynton Yards innovation development, and are repurposing and preserving MIT’s historic Metropolitan Warehouse. 

Knowing that we’re only as strong as our partners, we’re building up our subcontractors, vendors, and suppliers. We strengthened our vendor diversity initiative by launching a Diverse Partnerships Program to bolster and increase business opportunities for Underrepresented Business Enterprises (UBEs). We aim to exceed project requirements and goals, establishing lasting partnerships that lead to knowledge-sharing, innovation, and long-term success. 

There’s a lot to look forward to, and it’s thanks to our people, clients, and partners.