PROVIDENCE – Frank Shea, executive director of ONE Neighborhood Builders, will leave the organization to become CEO of Urban Edge, a neighborhood redevelopment corporation that serves several neighborhoods in Boston.
He will begin the new position Nov. 3.
For the past 15 years, Shea has served as executive director of Olneyville Housing Corp., which later merged with Community Works Rhode Island to become ONE Neighborhood Builders. In recent years, he has overseen a staff of 14 and an annual operating budget of $1.6 million.
ONE Neighborhood Builders board of directors will announce a transitional leader for the organization by late October, according to a post in its newsletter.
Board President Sean Creegan, in a released statement, thanked Shea for his contributions: “The legacy of his contributions will live on for a long time.”
Shea was selected from a pool of more than 100 candidates, according to a news release published on the Urban Edge website. Susan Egmont, of Egmont Associates, a nonprofit executive search firm hired by Urban Edge to fill the CEO position, cited Shea’s leadership and noted that $35 million had been invested in the Olneyville neighborhood.
Urban Edge, a nonprofit community development corporation, serves the Roxbury and Jamaica Plain neighborhoods of Boston.
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