Highlighted Selected Relevant Experience
Our Signature RI Multi-Unit Project Experience
Dexter Street Commons - In Progress
Pawtucket, RI
The upcoming development at Dexter Street Commons will include 150 commercial residential apartment units with first floor retail. The project is adjacent to the new Pawtucket commuter rail station and borders new bike and bus lanes.
Project Owner: Peyser Real Estate Group
Partners: RI Housing & MA Housing Investment Corporation
Construction Cost: $40,000,000
*$270K per unit!
* tracking 1MM below GMP
Parcel 6 - Case Study
Providence, RI
New England Construction provided preconstruction and construction services on this high profile Providence project. Parcel 6 is directly across the street form the laborers' union. NEC leveraged our local relationships to achieve labor harmony on a mixed labor $26M project.
This project is the epitome of a collaborative approach to construction. The relationship between Owner, Contractor and A/E demanded the highest level of respect and partnership. As a major obstacle arose in an already logistically challenging site, the team focused collective effort in a successful resolution.
During construction, NEC and the Owner Group were faced with unprecedented and unforseen cost escalation due to the Covid pandemic.
Between structural steel, light gage metal studs, copper wiring and wood the project needed to address a $1M cost overrun issue. The team changed from a panelized wood system to purchasing the lumber directly, dividing the framing package between 2 subcontractors and stick building the 5 story apartments.
Every decision was a team decision. The project was a huge success in that the exhausted contingency addressed all but $150K and in a true collaborative fashion, the Owner split the cost with NEC.
NEC and D+P Real Estate partnered with RIHousing for this project with 31 of the 62 units reserved for workforce housing with income between 80% to 120% AMI.
Rumford Center Phase 1 & Phase 2 - Case Study
Rumford Center Phase 1 is the major transformation of a historical landmark with deep local history. During the preconstruction phase the housing market drastically changed (2008) and the Owner Group made the decision to change the product from condominiums to rental apartments. The adaptive reuse and commitment to meeting the historical requirements of the project remained unchanged. this project was delivered on time and on budget.
Several years later, Peregrine engaged NEC for preconstruction services for ground up 80 units to complement the mill conversion. The accuracy of our conceptual estimating helped achieve cost certainty early in development. The conceptual budget and the contract amount for this large scale project varied by a mere $24,000.00.
Overall the project came in $150,000.000 under budget.
The original project schedule was August 2016 through October 2017. NEC completed the project on time with 100% schedule adherence and with precise construction sequencing. NEC worked with Peregrine and the City of East Providence to phase occupancy. We moved occupants in floor by floor achieving rental income 3 months earlier than expected.
Project Owner: D+P Real Estate
Construction Cost: Phase 1 & 2-$30,300,000.00
Dates of Completion: Phase 1-December 2008, Phase 2-November 2017
