What projects, initiatives, or types of work have been keeping your team busiest during the first half of 2026?
The first half of 2026 has been defined by continued progress on several significant projects across New England, particularly in higher education, commercial, and public-sector markets. We’re advancing major projects toward completion, including FM’s new Science and Technology Center in Norwood, the first phase of Boston University’s Warren Towers renovation, and mass timber projects at Amherst College’s Ford Student Center and American Repertory Theater at Harvard University. We’ve also broken ground on new public-sector work, including the City of Brockton’s Campello Apartments and four schools in the Town of Barrington, Rhode Island. More broadly, renovation, modernization, and infrastructure-focused projects continue to drive activity as owners invest strategically in existing facilities to improve performance, sustainability, and long-term value.
What trends or shifts have stood out most to you so far this year within your industry?
One trend that continues to gain momentum is the increased use of Design-Build delivery methods by public and government partners. This aligns well with Shawmut’s strengths, as we bring deep experience in these collaborative delivery models and help clients maximize value from the outset. Early involvement during design and preconstruction supports more informed decision-making, improved constructability, and stronger alignment around cost, schedule, and risk. We continue to see strong results when teams engage early and leverage this integrated approach. In parallel, owners are also investing strategically in existing facilities through modernization, energy efficiency, and infrastructure improvements that support long-term operational goals.
What challenges or opportunities have had the biggest impact on your business during the first half of 2026?
One of the most significant opportunities this year has been the continued expansion of collaborative project planning. As more clients bring construction partners into the process earlier, we’re able to add value across preconstruction—helping evaluate options, refine scope, and provide greater clarity around cost, schedule, and constructability. We’re also leveraging advanced software and AI-enabled tools to strengthen preconstruction and project delivery, including constructability reviews, scope gap identification, supply chain planning, safety and quality insights, and lessons learned. These capabilities enhance decision-making and support a more predictable, efficient project experience for our clients.
As we look ahead to the second half of the year, what are you watching most closely?
I’m encouraged by the continued investment across New England, particularly in higher education, public-sector, and institutional markets. I’m also watching the continued evolution of collaborative delivery models, where Shawmut’s experience allows us to help clients realize greater value through early engagement and integrated project teams. At the same time, advancements in construction technology, data analytics, and AI are creating new opportunities to improve decision-making, reduce risk, and enhance the overall building experience. These trends are helping shape a more informed and efficient approach to delivering complex projects.
As we enter the spring of 2026, the Rhode Island industrial real estate market stands on stable footing, following several years of resilience fueled by constrained supply, steady demand, and dynamic economic conditions.