Paul Nassetta currently serves as the Director of Design and Construction at The Johns Hopkins University, where he is spearheading a transformative project that aims to convert the historic Newseum site into a cutting-edge educational facility. This initiative, located at 555 Pennsylvania Avenue in Washington,...
Paul Nassetta currently serves as the Director of Design and Construction at The Johns Hopkins University, where he is spearheading a transformative project that aims to convert the historic Newseum site into a cutting-edge educational facility. This initiative, located at 555 Pennsylvania Avenue in Washington, D.C., is a significant undertaking that reflects Nassetta's commitment to enhancing educational infrastructure through innovative design and construction practices. His extensive experience in real estate development and construction management, coupled with his expertise in contract negotiation and value engineering, positions him uniquely to navigate the complexities of this high-profile project.
Before taking on this role, Nassetta was recognized as the 2018 COO of the Year by the Washington Business Journal for his exceptional leadership in the redevelopment of the District Wharf project. This ambitious mixed-use development, spanning nearly 2 million square feet and completed in just 42 months for approximately $1.7 billion, included the construction of three hotels and a 6,500-seat performing arts venue. His ability to manage large-scale budgets and implement effective CPM scheduling has been instrumental in delivering projects on time and within financial parameters.
At Johns Hopkins, Nassetta is leveraging his skills in construction management and contract management to ensure that the Newseum site not only meets the university's educational goals but also serves as a landmark for the community. His strategic vision and hands-on approach to overseeing change orders and business development initiatives are vital as he leads this project into its next phases, ultimately contributing to the university's mission of fostering learning and innovation.