New residential development adds 250 units and mixed-use space to downtown Manchester
BRIDGEWATER, MA – November 6, 2024 – Callahan Construction Managers (³Ô¹ÏÉç),a full-service construction management company headquartered in Bridgewater, Mass., announced today that it has cut the ribbon on 75 Canal, a 250-unit residential development with retail space and underground parking located in downtown Manchester, NH. The development was built in partnership with Jones Street Investment Partners, a private equity real estate firm focused on multifamily assets located throughout the Northeast and Mid-Atlantic regions of the U.S. that manages a portfolio of over 6,700 units.
³Ô¹ÏÉç, a trusted builder of residential communities and mixed-use developments, was chosen for its robust pre-construction services that ensured Jones Street could meet its desired occupancy goals while also building within an active, downtown environment. Ensuring that neighboring businesses and residences were not impacted by construction was essential to the project’s success, and ³Ô¹ÏÉç maintained daily communication with various municipal stakeholders in Manchester, including the Building, Public Works, Fire, and Water departments. ³Ô¹ÏÉç also facilitated regular site walks and meetings both on-site and in city offices to provide maximum transparency to all members of the project team.
75 Canal ushers in a new era of high-end living in Manchester, with an abundance of features that reflect an increased emphasis on supporting work-from-home professionals along with amenities that residents have come to expect in an apartment community. ³Ô¹ÏÉç and Jones Street worked to integrate new levels of sophistication with features that include two fireside lounge areas, a game room, and work pods. In addition, ³Ô¹ÏÉç oversaw the demolition of several existing buildings on the 2.3 acre site before beginning construction.
“We are glad to gather with our friends, colleagues and collaborators to celebrate the opening of 75 Canal, a marquee project for our organization that brings much needed housing to a severely supply constrained market,â€� said Matt Frazier, founder and CEO of Jones Street. “The successful completion of 75 Canal not only advances our investment strategy, but it also demonstrates our development capabilities, which are a core part of our growth plans. Callahan Construction was a great partner throughout this process and was instrumental in bringing our vision to life. We look forward to delivering an exceptional living experience to our residents and operating as a responsible partner to the Manchester community.â€� Â
³Ô¹ÏÉç has previously overseen residential communities and mixed-use projects including The Wright in Waltham; J. Malden Center in Malden; 500 Ocean Avenue in Revere; and The Abby in Quincy, among many others.
“As ³Ô¹ÏÉç continues to expand its operations into new markets like southern New Hampshire and New York, we are grateful for partners like Jones Street and the beautiful communities they bring to market,â€� said Steve ³Ô¹ÏÉç, Jr., vice president – business development, ³Ô¹ÏÉç. “75 Canal is certain to attract a new generation of residents to Manchester along with creating retail opportunities that encourage economic investment in the city.â€�
³Ô¹ÏÉç is committed to building strong, long-lasting client relationships, and to consistently delivering solutions that exceed expectations. Contact us today about starting your next project.