strong>What was your greatest professional accomplishment in 2019? Bringing in a Newport Realty Group (based in Southington) to be approved for and construct a $15 million mixed-use development on a town-owned parcel by the train station. This project will include 76 market rate apartments and 19,000 s/f of medical office, retail and restaurant space.
What was your most notable project, deal or transaction in 2019? Our firm negotiated reductions in property taxes for property owners in Conn. and Mass. One notable case involved a skilled nursing facility in Farmington, CT: The property’s assessment was reduced by 25%, saving the owner more than $250,000
strong>What was your greatest professional accomplishment in 2019? I am particularly proud of the fact the LLB Architects had five projects selected by AIA Rhode Island to receive Design Awards this year. They highlight our work in education – both higher education and K-12 – as well as in designing public libraries to engage communities.
What are your predictions for commercial real estate in 2020? I feel that the residential side will continue to see growth but with caution from the banks. Concessions for residents and businesses in nonspecific markets will grow in order to fill vacancy. Focus on affordable housing for the boomers will need to be taken off the back burner and moved to the front.
What was your greatest professional accomplishment in 2019? Seeing that our association efforts to promote construction careers helped bring some great new talent into our industry.
What was your greatest professional accomplishment in 2019? As the year ends and we look back at all we accomplished this year, we feel especially proud of celebrating the collaborative camaraderie of Montagno Construction’s team in mid-December.
What was your most notable project, deal or transaction in 2019? We sold a 2.6 acre residential development site on Main St. in Stratford, CT. The property is located in a transit-oriented district and sold for $1.15 million and will be developed to include an apartment complex.
What was your most notable project, deal or transaction in 2019? In 2019 we designed, and recently broke ground on a first class, oceanfront function space on Cape Cod. This facility will be one of the regions premier function facilities. Along with a large main level function room that opens to a lawn facing the ocean
What was your greatest professional accomplishment in 2019? Accepting the economic development director position in New Milford and launching a new strategic plan for both the town economic development department and the economic development corp.
What was your most notable project, deal, or transaction in 2019? We had quite a few substantial projects this year designing, installing, and/or upgrading new fire alarm and security systems. Amongst the most notable CRE projects, were two properties in Boston: Burroughs Wharf and Braemore Condominiums.
