News:
Owners Developers & Managers
Posted: April 4, 2025
F.W. Madigan adds the fourth generation of Madigan family to company ownership
Worcester, Ma According to F.W. Madigan Company (Madigan), Andrew Madigan has joined his father Fran Madigan and his uncle Jim Madigan as an owner of the company. Andrew represents the fourth generation of Madigan family ownership since the company was founded by his great-grandfather, Francis W. Madigan Sr., in 1937.
In addition to taking on a share of ownership, Andrew has also been promoted to chief financial officer (CFO). Since joining the company full-time in 2016, Andrew has served primarily in operations while also supporting business development in the company.
“I’m excited and honored to represent a fourth generation of Madigan ownership at the company,” said Andrew Madigan. “It is an exciting time to own a business in the city of Worcester. Our roots have always been here. As we enter 2025 with the largest project backlog in our company’s history and work on transformative projects like the Residences at Lincoln Square, we are well-positioned for continued success.”
Madigan, now in its 88th year, has grown from humble beginnings into a trusted partner for clients in the corporate, educational, multifamily, industrial, healthcare and nonprofit sectors across New England.
Guided by a family-driven approach and a commitment to quality craftsmanship, the company has delivered an impressive portfolio of projects, and some recent notable projects include Bishop Feehan High School’s Arts and Innovation Center in Attleboro, MA; St. Benedict Classical Academy in Natick, MA; Cornerstone Bank’s Spencer Headquarters in Spencer, MA; and the Residences at Lincoln Square in Worcester, MA.
“As we celebrate over eight decades of building strong relationships and quality projects, we remain deeply committed to the values that have guided us since 1937: integrity, craftsmanship, and putting our clients first,” said Jim Madigan, president and CEO. “The future of Madigan is brighter than ever, and we look forward to continuing the legacy our family started by my grandfather.”
MORE FROM Owners Developers & Managers
Windsor approves redevelopment of 500 Day Hill Rd. for mixed-use residential community
Windsor, CT The town has granted approvals for the redevelopment of 500 Day Hill Rd., clearing the way for a mixed-use residential community that will convert a former office campus into a housing development totaling approximately 300 residential units
.png)
Columns and Thought Leadership
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch
On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
 (1).png)