STOCK TITAN

Bowman to Provide MEP Services for Avery Point Senior Living Campus

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Bowman Consulting Group (NASDAQ: BWMN) has secured two contracts from Moseley Architects for MEP engineering services at the Avery Point continuing care retirement community. The contracts cover the final phase of residential development, involving two independent living buildings totaling 394,500 square feet with 254 additional units. The scope includes HVAC, fire protection, electrical services, and telecommunications systems.

From 2019 to 2023, Bowman provided MEP services for 10 buildings with 1,000 independent living units across the 2-million-square-foot campus. The 94-acre master-planned community project represents a significant milestone in Bowman's portfolio of senior living projects.

Bowman Consulting Group (NASDAQ: BWMN) ha ottenuto due contratti da Moseley Architects per servizi ingegneristici MEP presso la comunità di pensionamento con assistenza continuativa Avery Point. I contratti riguardano la fase finale dello sviluppo residenziale, che prevede due edifici per la vita indipendente con un totale di 394.500 piedi quadrati e 254 unità aggiuntive. L'ambito di lavoro include sistemi HVAC, protezione antincendio, servizi elettrici e sistemi di telecomunicazione.

Dal 2019 al 2023, Bowman ha fornito servizi MEP per 10 edifici con 1.000 unità di vita indipendente su un campus di 2 milioni di piedi quadrati. Il progetto comunitario di 94 acri rappresenta un traguardo significativo nel portafoglio di progetti di vita per anziani di Bowman.

Bowman Consulting Group (NASDAQ: BWMN) ha asegurado dos contratos con Moseley Architects para servicios de ingeniería MEP en la comunidad de retiro de cuidado continuo Avery Point. Los contratos cubren la fase final del desarrollo residencial, que involucra dos edificios de vida independiente con un total de 394,500 pies cuadrados y 254 unidades adicionales. El alcance incluye sistemas HVAC, protección contra incendios, servicios eléctricos y sistemas de telecomunicaciones.

Desde 2019 hasta 2023, Bowman proporcionó servicios MEP para 10 edificios con 1,000 unidades de vida independiente en un campus de 2 millones de pies cuadrados. El proyecto planificado de 94 acres representa un hito significativo en el portafolio de proyectos de vivienda para personas mayores de Bowman.

Bowman Consulting Group (NASDAQ: BWMN)은 Avery Point 지속 간호 퇴거 커뮤니티에서 MEP 엔지니어링 서비스에 대한 두 건의 계약을 Moseley Architects와 체결했습니다. 계약은 394,500 평방피트 규모의 두 개의 독립 생활 건물을 포함하는 주거 개발의 최종 단계에 대해 다루고 있으며, 254 개의 추가 유닛이 포함됩니다. 범위에는 HVAC, 화재 보호, 전기 서비스 및 통신 시스템이 포함됩니다.

Bowman은 2019년부터 2023년까지 1,000 개의 독립 생활 유닛이 있는 10개 건물에 대한 MEP 서비스를 제공했습니다(2백만 평방피트 규모의 캠퍼스). 94에이커의 마스터 플래닝 커뮤니티 프로젝트는 Bowman의 노인 생활 프로젝트 포트폴리오에서 중요한 이정표를 나타냅니다.

Bowman Consulting Group (NASDAQ: BWMN) a obtenu deux contrats de Moseley Architects pour des services d'ingénierie MEP au sein de la communauté de retraite avec soins continus Avery Point. Les contrats portent sur la phase finale du développement résidentiel, impliquant deux bâtiments de vie indépendante totalisant 394,500 pieds carrés avec 254 unités supplémentaires. Le périmètre inclut des systèmes CVC, la protection contre les incendies, des services électriques et des systèmes de télécommunications.

De 2019 à 2023, Bowman a fourni des services MEP pour 10 bâtiments avec 1,000 unités de vie indépendante sur un campus de 2 millions de pieds carrés. Ce projet de communauté planifiée de 94 acres représente une étape importante dans le portefeuille de projets de vie pour seniors de Bowman.

Bowman Consulting Group (NASDAQ: BWMN) hat zwei Verträge von Moseley Architects für MEP-Engineering-Dienstleistungen in der Avery Point Gemeinschaft für betreutes Wohnen gesichert. Die Verträge bedecken die letzte Phase der Wohnentwicklung, die zwei unabhängig nutzbare Gebäude mit insgesamt 394.500 Quadratfuß und 254 zusätzlichen Einheiten umfasst. Der Umfang umfasst HVAC, Brandschutz, Elektrodienstleistungen und Telekommunikationssysteme.

Von 2019 bis 2023 hat Bowman MEP-Dienstleistungen für 10 Gebäude mit 1.000 Wohneinheiten auf einem Campus von 2 Millionen Quadratfuß erbracht. Das 94 Hektar große Bauprojekt stellt einen bedeutenden Meilenstein im Portfolio von Seniorenwohnprojekten von Bowman dar.

Positive
  • Secured new contracts for MEP services in final phase of large-scale project
  • Project adds to existing portfolio of 10 buildings and 1,000 units completed between 2019-2023
  • Demonstrates continued client relationship and market position in senior living sector
Negative
  • None.

Insights

The award of two additional MEP engineering contracts for Bowman Consulting Group represents a strategic expansion of their existing portfolio at the Avery Point development. The contracts, covering 394,500 square feet and 254 units, demonstrate Bowman's growing footprint in the lucrative senior living infrastructure sector. Since 2019, Bowman has successfully delivered MEP services for 10 buildings totaling 2 million square feet, establishing a proven track record in this specialized market segment.

From a business perspective, this project completion positions Bowman favorably in the senior living infrastructure market, which is experiencing sustained growth due to demographic trends. The comprehensive scope of work, including HVAC, electrical and low-voltage systems, indicates healthy profit margins typical of complex MEP projects. While the exact contract values aren't disclosed, similar large-scale MEP projects typically command $15-20 per square foot, suggesting significant revenue potential from these final phase contracts.

For investors, this development signals Bowman's ability to secure repeat business from established clients and successfully execute large-scale projects, which is important for maintaining steady revenue streams. The company's expanding presence in the senior living sector also provides diversification benefits, helping to buffer against cyclical downturns in other construction segments.

RESTON, Va.--(BUSINESS WIRE)-- Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions and program management services to customers who own, develop and maintain the built environment, has been awarded two contracts by Moseley Architects to provide mechanical, electrical and plumbing (MEP) engineering services for the final phase of residential development at Avery Point, a premier continuing care retirement community located in the Virginia foothills. These contracts represent the culmination of Bowman’s contribution to a campus that is redefining modern senior living.

Bowman’s MEP services team will support the developers of the 94-acre master-planned community with the final two independent living buildings, totaling 394,500 square feet and adding 254 additional units to the campus. The scope of Bowman’s design work includes stand-alone HVAC systems for each building, fire protection and alarm systems, underground electrical medium voltage services, site lighting power and controls, electrical distribution, low-voltage wiring, and basic telecommunications and video services.

Between 2019 and 2023, Bowman provided MEP services for 10 community and residential buildings representing 1,000 independent living units across the 2-million-square-foot campus. These buildings also included outdoor entertainment areas and a variety of multi-generational amenities tailored to meet the evolving needs of senior residents.

The completion of the final phase will mark a significant milestone in Avery Point's transformation and underscores Bowman’s continued partnership with the client, reinforcing its reputation as a trusted leader in delivering large-scale MEP services for a variety of applications including senior living projects.

About Bowman Consulting Group Ltd.

Headquartered in Reston, Virginia, Bowman is a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment. With over 2,300 employees in more than 95 locations throughout the United States, Bowman provides a variety of planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN. For more information, visit bowman.com or investors.bowman.com.

General Media Contact:

Renee Narvaez

pr@bowman.com

Source: Bowman Consulting

FAQ

What is the size of Bowman's (BWMN) new MEP contract at Avery Point?

The contract covers two independent living buildings totaling 394,500 square feet with 254 additional units.

How many buildings has Bowman (BWMN) completed at Avery Point between 2019-2023?

Between 2019 and 2023, Bowman completed MEP services for 10 community and residential buildings with 1,000 independent living units.

What is the total size of the Avery Point campus where Bowman (BWMN) is working?

The Avery Point campus is a 94-acre master-planned community with 2-million-square-foot of development.

What services will Bowman (BWMN) provide in the final phase of Avery Point?

Bowman will provide MEP services including HVAC systems, fire protection, electrical services, site lighting, and telecommunications systems.

Bowman Consulting Group Ltd.

NASDAQ:BWMN

BWMN Rankings

BWMN Latest News

BWMN Stock Data

415.37M
14.17M
19.23%
58.29%
2.32%
Engineering & Construction
Services-management Consulting Services
Link
United States of America
RESTON