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Callahan Construction and Jones Street Open 75 Canal in Manchester
Callahan Construction Managers and Jones Street Investment Partners have announced the opening of 75 Canal, a new 250-unit residential development in downtown Manchester, NH. This project includes retail space and underground parking, adding significant residential and commercial components to the city center.
Jones Street, a private equity firm, partnered with Callahan due to their expertise in managing construction in active downtown settings. Callahan coordinated with Manchester's municipal departments to ensure smooth operations and minimal disruption to local businesses. The development emphasizes amenities for work-from-home professionals, featuring fireside lounges, a game room, and work pods.
Matt Frazier, CEO of Jones Street, emphasized the project's role in addressing housing shortages while showcasing their development capabilities. Steve Callahan, Jr. highlighted potential retail opportunities and economic growth for Manchester as a result of this development.
R. E.
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