News: Spotlights

Advanced Buildings offers a direct path to better energy performance; Pre-modeled protocol qualifies for LEED points, saves time and money

The client wants a low-energy, LEED building, but time and money are tight. Sound familiar? More and more, design teams are turning to a direct path for achieving energy points in LEED called Advanced Buildings™ Core Performance. Core Performance describes a set of 30 criteria, including envelope, lighting, HVAC, power systems and controls that, when applied together through integrated design process, result in buildings with energy savings of 20% to 30%, compared to model energy codes such as ASHRAE 90.1-2004. Behind the estimate is an extensive modeling effort—over 30,000 energy modeling evaluations-that lead to predicable energy savings across climates and several building types. Buildings that follow Core Performance qualify for up to five points under LEED's Optimize Energy Performance credit. Since all LEED buildings are now required to achieve a least two points in this credit in order to qualify for certification, Core Performance provides an economical and time-saving alternative to energy modeling. High efficiency now affordable for all projects Core Performance can be applied to any size project, but works best on less complex buildings, which tend to be smaller, under 100,000 s/f (the maximum size to qualify for LEED points). We found that small to mid-sized building projects don't incorporate high performance design practices because of concerns about the time and expense of modeling, Advanced Buildings Core Performance addresses those concerns and makes energy efficiency more affordable for those projects. High performance buildings make good business sense Studies have found that high performance buildings offer healthier environments with improved air quality and more productive workspaces. Integrating sustainable building design features, such as lighting and climate control, are not only saving energy, but contributing to improved employee productivity and reduced absenteeism. Increased energy efficiency can also result in higher net operating income for buildings improving profit margins and increasing property values. Testing and monitoring of these advanced systems often leads to reduced maintenance requirements and lower risk. Fran Boucher is a program manager with National Grid, Waltham, MA.
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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