ADD Inc celebrates historic rehabilitation and green design of its $14.4 million, 67,500 s/f new headquarters
Nationally recognized architecture and design firm ADD Inc was joined by city officials, members of the project team, and community and advocacy organizations, including Preservation Mass., for a ribbon cutting to celebrate the completion of the firm's rehabilitation of 311 Summer St. as its new headquarters. The building is comprised of 67,500 s/f and the construction cost for the rehabilitation was $14.4 million.Â
ADD Inc has sensitively preserved the historic character of the building, while also implementing several green design initiatives in order to achieve a sustainable environment. Â The firm is pursuing LEED Gold certification by the US Green Building Council and when certified, 311 Summer St. will only be one of very few LEED Gold commercial interiors in the city.
"We are excited to celebrate the completion of our new headquarters at 311 Summer St., which embodies many of the principles we advocate when designing for our clients, including strategic sustainable design and thoughtful repositionings.  It has truly been a labor of love," said Frederick Kramer, president of ADD Inc "We are also thrilled to be a part of the revitalization of the Fort Point Channel Historic District and return 311 Summer St. to full occupancy."
Dating back to the early 1900s, 311 Summer St. was one of the first buildings in the city's Wharf District and the home of the Dwinell-Wright Coffee Co. - one of America's largest coffee producers of its time. ADD has preserved and re-used materials from the Dwinell-Wright Co., including lumber from the old elevator shafts which were used to construct the firm's reception desk. Â
In addition to selective material re-use, ADD Inc has incorporated a variety of design systems to reduce environmental impact, including dual flush toilets, a white roof to lessen the heat island effect, operable windows for ventilation, and a range of daylighting strategies.
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 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!
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 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