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Dimeo Tops-Off Ocean House Hotel Project

July 11, 2008

OCEAN HOUSE TOPPING OFF CEREMONY MARKS MILESTONE IN RECONSTRUCTION OF HISTORIC WATCH HILL LANDMARK

WATCH HILL, RIĀ  - Marking an important milestone in the reconstruction of the historic Ocean House hotel, development team Bluff Avenue LLC, along with the project's construction manager Dimeo Construction hosted a topping-off ceremony at the project site in Westerly's Watch Hill village.
State and local elected officials joined a joyful crowd of community members, development and construction team members to celebrate the construction milestone.

A tradition within the construction industry, the topping off ceremony marks the moment when the highest structural point in the building construction has been attained. It is customary to sign the final steel beam before it is hoisted into place. An evergreen tree is placed on the beam as a symbolic gesture of good will and luck for the project, along with an American flag.

Spectators were in awe as the development team added a spectacular surprise to the traditional topping off ceremony when Dimeo fastened the final beam to a historic replication of the Ocean House's tower, hoisted the 20-ton structure into the sky and fastened to the steel structure.
Originally built in 1868, Ocean House has served as significant local landmark for more than a century. It operated as a 48-room hotel until its doors closed in 2003. After purchasing the property in 2005, Bluff Avenue found that the grand Victorian hotel was too deteriorated to restore and pledged to preserve the hotel, community asset and significant cornerstone of the Watch Hill and Westerly neighborhood for generations to come.

Upon completion, the re-created Ocean House will include 48 hotel rooms, 24 luxury residences, underground parking, a world-class spa, indoor lap pool, three seasonal dining venues, state-of-the-art exercise facilities, and all hotel amenities. The $135 million project will also provide significant economic benefits by creating thousands of short-term and permanent jobs for local residents; generate increased tax revenue for the community and spurring millions of dollars in economic output.

Dimeo Construction Company is a New England-based firm with offices in Providence, RI, New Haven, CT, and Boston, MA. Founded in 1930, Dimeo has provided over 75 years of construction management, general contracting, and design/build services to a broad range of clients including educational, healthcare, R&D, corporate, retail, and manufacturing industries. Additional information about Dimeo can be found at www.dimeo.com.