Operations project executive Ludger Bain was named to New England Real Estate Journal’s “Ones to Watch,” recognized as a top leader in the region. Read Ludger’s Q&A below and in New England Real Estate Journal for insights into his recently completed large-scale life science project at Boynton Yards’ 101 South Street, career path, and industry advice to rising leaders.
What recent project, transaction or accomplishment are you most proud of? Recently completing 101 South St. at Boynton Yards in Somerville, Mass., has been a very proud accomplishment. The nine-story, 289,000 s/f facility marks the first purpose-built class A lab building in the city of Somerville as part of the Boynton Yards mixed-use life sciences and cultural community. Together with DLJ Real Estate Capital Partners and Leggat McCall Properties, we recently cut the opening ribbon and welcomed four newly founded flagship pioneering companies to the building—which features state-of-the-art R&D lab space, fitness center, bike amenities, four levels of below-grade parking, and ground floor community space. Having witnessed how proud the stakeholders are of the project and knowing that our team created their vision flawlessly is what makes me proud. Additionally, our project team executed the plan and delivered the project on time and on budget despite pandemic-related challenges and lockdowns. This is a testament to our team’s hard work, perseverance, and dedication to delivering a successful project for our partners.
What does it take to succeed in your specific industry? It takes a lot of planning, attention to detail, and being able to relate and collaborate with all stakeholders. The ability to have open communication and to be flexible is also critical. Having an open mind and being able to think outside the box helps to succeed in this industry.
What led you to your current profession? I attended Wentworth Institute of Technology where I started as an Architecture major before switching to Facilities Planning and Management. I worked in that field for a few years after graduating—eventually transitioning to the construction side of the industry.
What are the top 3 items on your bucket list? 1) Establish and leave a legacy for my two kids. 2) Travel the world. 3) Retire on a Caribbean Island.
What are you doing when you aren’t working? Prior to the pandemic, I coached my son’s youth recreational basketball team—which I enjoyed very much. I’m looking forward to getting involved in coaching again soon. I also enjoy spending time with my family and doing improvement projects around the house.