94: Lessons from Gilbane, a 150+ Year Old Construction Giant with Justin MacEachern
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Justin MacEachern is the Vice President and Business Unit Leader for Massachusetts and Northern New England at Gilbane, a global leader in construction and real estate development. A graduate of Worcester Polytechnic Institute with a degree in Biomedical Engineering, Justin boasts a diverse career in both high-end residential construction and commercial real estate development. His extensive experience includes significant roles both on the construction side at Gilbane and on the real estate development side with Boylston Properties.
Episode Summary:
In this episode of Design Development, host Rens Hayes speaks with Justin MacEachern, Vice President and Business Unit Leader at Gilbane, about his unique career journey and valuable insights into the construction and real estate development industry. MacEachern, who started with a focus in biomedical engineering, shares how he transitioned into construction and developed a passion for the field.
They discuss key projects like Shattuck Hospital and Arsenal Yards, exploring the complex balance of schedule, budget, and stakeholder management in large-scale developments. MacEachern also emphasizes the importance of understanding the perspectives of both developers and general contractors.
The conversation further delves into leadership, the significance of company culture, and the role of training in sustaining Gilbane's small-company feel despite its global presence. MacEachern offers advice for industry newcomers, stressing the value of persistence, mentorship, and continuous learning.
Key Takeaways:
- Empathy and Curiosity: Understanding the pressures and challenges faced on both sides of the GC and developer relationship can lead to more successful project outcomes.
- Culture of Trust: Gilbane prioritizes creating a family-like atmosphere, empowering employees to make decisions without fear of reprisal.
- Strategic Planning: Effective strategic planning, which involves forecasting future trends and maintaining market diversity, is crucial for sustained business success.
- Job Readiness: Young professionals should show eagerness to learn and grow, demonstrating their ability to absorb information and adapt.
- Gilbane University: Continuous training and development are integral parts of Gilbane’s strategy to keep employees up-to-date with industry advancements
Resources:
- Gilbane: Website
- Simon Sinek: Leaders Eat Last
For more valuable insights into real estate development, design, and construction, make sure to listen to the full episode and stay tuned for additional episod
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