News: Spotlights

2019 Annual Review: Victor Vizgaitis of Sasaki

Victor Vizgaitis
Sasaki

What was your greatest professional accomplishment in 2019?
The design of the A2 parcel in the Seaport has advanced in a wonderful direction this year, with incredible guidance from BGI and Massport. One of our design goals is to use the site to knit the Seaport back together. The building was conceived as the gateway to the Seaport featuring a grand vaulted space that connects the site. The site has many vertical challenges that we have used to our advantage to connect the Summer Street level back to the harbor level. Part of the site sits on the other side of the highway off ramp which could be a barrier but we have created a public place that is another connection from the high side to the low side of the site. The goal is to create a dynamic experience for everyone in not just the Seaport, but the surrounding communities as well. 

What was your most notable project, deal, or transaction in 2019?
The results of our collaboration with Akamai have finally been realized with the opening of their office this past November. This 19-floor workplace interior project was an opportunity for the client to reconsider their priorities as an organization, be deliberate about how they work and socialize, and create a visual identity for their business. Mixing work space and social space is an issue in the open office because the conversations disturb people around those who are still working. Our big design move, the Akamile, connects everyone in the building with amenities, social spaces, and meeting rooms—not only to encourage movement through the building but also to separate working and social functions—leading to a quieter workspace.

What are your predictions for commercial real estate in 2020?
Regardless of the pace of activity in the market, there is an important strategic, creative opportunity to layer over new infrastructure. Neighborhoods will have the continued opportunity to push to differentiate ? to make sure that places are experiences, not just inward-facing boxes to work or live in. Design, identity, and brand will all matter greatly as opportunities flex with the market, not to mention strong movements toward community placemaking that support vibrant, diverse neighborhood missions. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary