Internship Program Puts Students in Middle of Boston’s Building Boom
Sixteen students from the University of Massachusetts Boston will play integral roles in Boston’s building boom this summer as participants in the inaugural CVP Career Academy, a premier internship opportunity offered by a coalition of New England’s leading real estate, engineering, and hospitality firms.
The first-of-its-kind, 10-week program gives the students firsthand experience in the world of commercial real estate as full-time, paid interns placed with 12 top firms. The students gain broad industry exposure, develop workplace and communications skills, and acquire experience through meaningful projects. During the course of the program, the students will participate in workshops to enhance their writing and presentation skills, furthering their personal and professional development.
CVP Career Academy was created through a partnership between UMass Boston and CV Properties (CVP), a Connecticut-based real estate firm that has developed $1.2 billion in projects, including the new State Street building, the revitalized Channel Center, and 50 Post Office Square.
CV Properties has also partnered with Starwood Hotels and Ares Management to build two new hotels, Aloft and Element, on D Street in South Boston, located just across the street from the Boston Convention & Exhibition Center (BCEC). The hotels, 330 and 180 rooms, respectively, are an exciting addition to South Boston’s waterfront. Interns will have an opportunity to work with firms involved in the project.
CVP is committed to UMass Boston and its students, funding the program this summer and the next two summers.
“Boston is home to many of the projects we’re most proud of,” said Richard A. Galvin, the president and founder of CV Properties. “We’re pleased to have an opportunity to not only give back to the city through this program, but also to create a pipeline for students potentially interested in commercial real estate careers.”
UMass Boston Chancellor J. Keith Motley also celebrated the partnership.
“We’re excited to work with CV Properties, which has always been committed to the future of Boston,” Motley said. “And we know there is no better way to invest in the future of our city than to invest in our students.”
“The MCCA is an organization focused on creating economic impact for the Commonwealth, so it feels good to partner with a likeminded company in CV Properties,” said James E. Rooney, Executive Director of the Massachusetts Convention Center Authority (MCCA), which owns the parcel at D St. and the BCEC. “CV Properties is not only developing real estate in Boston, they are creating opportunities for young people in our communities. This program serves as a model for other organizations by providing a foundation for the growth and success of a diverse group of future leaders.”
Twelve of the 16 students live in Boston, with others from Lynn, Medford, Quincy, and Revere. Selected from a pool of 51 applicants, all of them have maintained a 3.0 grade-point average while demonstrating high achievement and self-motivation. The students began work earlier this month with a variety of leading firms: BEST Corp., CB Richard Ellis, CV Properties, Elkus Manfredi, Gilbane Inc., GS Associates, Haley & Aldrich, JLL, McNamara/Salvia, Inc., Nitsch Engineering, Sasaki Associates, Inc., and Suffolk Construction.
The program will continue through the first week of August.
About CV Properties, LLC
CV Properties, LLC, headquartered in Connecticut with offices in Boston, is a commercial real estate company focusing on development and investment opportunities throughout New England. Founded in 2003, CV Properties has acquired and developed 2.9 million square feet of real estate with an invested value of $1.2 billion. Our partners are large, institutional investors with broad-based experience in the development, redevelopment and acquisition of commercial real estate. Current Boston projects include: One Channel Center, a 500,000 square foot new office building and 970-car garage developed for State Street Bank; and 50 Post Office Square, a 700,000 square foot landmark office renovation in downtown Boston. For more information, please visit www.cvprop.com.
About UMass Boston
Celebrating its 50th anniversary, the University of Massachusetts Boston is deeply rooted in the city's history, yet poised to address the challenges of the future. Recognized for innovative research addressing complex issues, metropolitan Boston’s public university offers its diverse student population both an intimate learning environment and the rich experience of a great American city. UMass Boston’s 11 colleges and graduate schools serve more than 16,000 students while engaging local and global constituents through academic programs, research centers, and public service. To learn more, visit www.umb.edu.
Posted by Jacqueline J Cannady | July 04, 2014 - 10:12 a.m.
Congrats to all the students who will be a part of this great opportunity. I am a senior at UMass Boston and just completed my 40 hours of real estate learning so this is great to hear about. It’s definitely something I am interested in. I hope to hear feedback from the students participating. I am so excited about the program and thank you to all the firms partnering with UMass Boston to provide a better future for us (students).