NRI and its affiliates corporate history dates back over 125 years and includes the completion of over 6 billion dollars of construction of many large-scale government, infrastructure and private mixed-use projects.
Our history dates back to 1890 and includes the completion of more than 2.5 billion dollars of construction of many large-scale government infrastructure and private mixed-use projects.
This record provides our team a level of experience few can match.
NRI’s history demonstrates that we will exceed our client’s expectations with a team that can manage all aspects of a project from feasibility to financing, and from construction to asset management.
“We’ve worked on everything from highways to dams to private projects.”
— CHARLES NOLAN, CHAIRMAN
In the 1930s and 1940s we primarily focused on construction with a concentration around highway expansion. In the 1950s it was strategic air command. In the 1960s the firm transitioned from large US general contractor work to private development.
Every time we adapted to the new environment before us. Aiming to stay ahead of the curve and capitalizing on the abundant interest targeting real estate in the United States, our firm sold over 4 million square feet of its portfolio in 2006.
PIONEERS OF “PLACE-MAKING”
NRI’s expanded vision is about “place-making”; creating places through experiences and the development of mixed-use projects. Growth occurs in locations and markets that are fueled by multiple stabilized demand generators, areas with high barriers of entry and/or markets that have analytical data that demonstrate a trajectory for stabilized growth. Over the past 8 years, we have successfully executed the program on multiple large mixed-use projects targeted around transportation hubs, universities, and urban cores.
“We’re long-term holders of our real estate, and we’re hyper-focused on curating projects to create a community for our residents and the surrounding area, with a sense of connectivity.”
— BRENT REYNOLDS, CEO
NRI’s vision is about “place-making”; creating community epicenters through the development of mixed-use projects.
The Urban Living Room
NRI’s signature expression of creating purpose-built experiences. We pair the vibrancy of urban cores with the shared intimacy of living rooms to create places—not just spaces—that empower individuals and communities to thrive. The concept continues our legacy of developing in harmony with local landscapes to construct properties grown from their physical and cultural surroundings.
As the public epicenter of each development, the Urban Living Room is an open, inviting place that fosters civic connection and opportunity for those living, working, and playing within local communities. Our approach celebrates those moments made possible by a dense urban fabric, like a sidewalk encounter with a close friend or a celebratory gathering of neighbors.
We believe in the importance of battling urban sprawl by nurturing community, commerce, and connections through our work. The Urban Living Room allows these civic fundamentals to flourish by providing a lively place to come together and a new reason to belong.
THE CORE VALUES THAT DRIVE OUR RESULTS
Our core values are at the heart of our unique approach to real estate development, investment, hospitality, and management. They influence every experience we create, differentiate our company brand from competitors, and define how we pursue our mission.
By unlocking hidden potential in exceptional locations, we are setting a new standard by building engaging experiences through mixed-use real estate projects in markets that demonstrate strong potential for stabilized growth.
OUR INVESTORS, can count on consistent returns from projects they can be proud of, even as market conditions shift and change
OUR PARTNERS, can set new standards of performance in environments that complement and reinforce their quality brands
OUR NEIGHBORS, thrive as part of a larger, more vibrant community
Five core values are the foundation of our brand experience and inform how we treat our stakeholders, customers, colleagues, and ourselves. They collectively express the range of beliefs NRI must maintain to guide how we achieve our mission
Our Vision
We are a hospitality-driven company with a vision of creating cultural epicenters in the communities we serve.
Our Mission
To build community epicenters through mixed-use real estate projects in markets that demonstrate strong potential for stabilized growth.
TO REACH OUR GOALS
We successfully manage and operate a growing portfolio of assets with a hospitality focus.
WE KEEP OUR COMMITMENT TO SERVICE EXCELLENCE AND PROFITABILITY, BY CONTINUOUSLY ASSESSING PERFORMANCE.