Arc Building Partners and Pioneer Construction and Development Company have formed a strategic partnership that will allow both companies to actively expand their services portfolio and market presence across the Northeastern United States and beyond.
“Our company takes pride in adhering to a solutions-driven, fast-track model of bringing complex initiatives to fruition; therefore, it was critically important for any new partner to share this same attitude and approach,” said Arc Building Partners President Frank Ciminelli II. “We’ve definitely found that outlook with Kevin Schumacher, Geoff Evancic, Jim Casale, and the team at Pioneer, and look forward to working alongside them for years to come.”
Arc Building Partners and Pioneer will collaborate on several active projects, while managing Pioneer’s existing log of over $100 million in secured assignments.
“Strong relationships and quality delivery have been a focal point of our company’s advancement for many years,” said Pioneer President Kevin Schumacher. “As we looked toward the next phase of our business, it was evident that a strategic partnership could enhance our sophistication and success, while making Pioneer more potent and competitive in the markets we’re looking to serve. We believe our two entities greatly complement one another and will allow us to cooperatively make our mark within the construction and real estate development industries.”
The parties will also jointly pursue several immediate prospects in the Interstate 95 corridor from Boston to the Washington, D.C. metro area, with Pioneer focusing on additional real estate development opportunities across the U.S.
he partners are collaborating on the revitalization of the historic Lippitt Mill project in West Warwick, Rhode Island. Built in 1809, Lippitt Mill is one of America’s oldest textile mills, operating for 200+ years until its conclusion of service in 2011. With many notable architectural features, the wood-framed mill is now being renovated through the utilization of low-income housing tax credits. The redevelopment project consists of roughly 65 units, of which 20 will be market-rate, with the remaining units made available to tenants at or below 60% of military veteran focus area median income.
From left, Frank L. Ciminelli II (Arc), Geoff Evancic (Pioneer), Jonathan Oldham (Arc), Gail Ettaro (Arc), Anthony Cimino (Arc), Kevin Schumacher (Pioneer), James “Jim” Casale (Pioneer) and James “Jim” Kauderer (Arc).
