2023 Power 50: Jeffrey Cunningham
Photo | Courtesy of Cunningham Equities
Jeffrey Cunningham, executive director, Cunningham Equities
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Jeffrey Cunningham is using his influence as a developer to help communities make the most of what they have. His company, Cunningham Equities, is investing in resurging municipalities like Clinton and Fitchburg by focusing on historic mill rehabilitations and using local skilled labor and vendors.
The company has completed the first phase of a renovation of a former Bigelow Carpet Mill complex on Main Street in Clinton. When complete, Jack’s Mill on Main will feature 150 apartments and 25,000 square feet of commercial space. The company has completed leasing on another mill conversion, Liam’s Crossing in Clinton.
Cunningham Equities is also working on Turning Point Campus, a 235,000-square-foot life-science manufacturing facility in Fitchburg. Cunningham helped the City of Fitchburg receive its platinum rating for readiness for biotech investment from the Massachusetts Biotechnology Council.
Elsewhere, the company has developed properties in Worcester, Holyoke, and Palmer. In order to improve quality of life in the Groton area, Cunningham is working with the Nashua River Watershed Association to build a riverwalk.
How should professionals best use the power they wield? “Business professionals should use their power to better the lives of the people in their communities by working together with public and community-based organizations, whenever possible. With our creativity and ingenuity, combined with the resources of the government, we can accomplish anything together.”
Teeing off in 50 states: Cunningham and his wife Kathy have played golf in 46 U.S. states, with a trip to the Northwest and Alaska later this year to complete playing golf in every state.
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