News: Construction Design & Engineering

AlliedCook Construction nears completion of $11 million 65,000 s/f Husson University's living learning center

AlliedCook Construction is nearing completion on Husson University's new 65,000 s/f Living Learning Center, a design/build project scheduled to be completed this summer. The $11 million, five-story multipurpose building will include state-of-the-art experiential learning environments, classrooms, faculty offices and suite-style living space for 245 students. The first floor will house the experiential learning classrooms dedicated to specific academic programs, including space for the College of Business that will allow students to conduct simulated board meetings and web-based team analysis. The criminal justice program will also have space for actual investigations allowing students to investigate mock crime scene scenarios, and the New England School of Communications (NESCom) will also enjoy dedicated classroom space in the new facility. The top four floors will provide suite-style living quarters, each containing two bedrooms, combined living and study area, and private bathroom. The Living Learning Center was designed by Winton Scott Architects of Portland to achieve LEED Silver certification from the U.S. Green Building Council. Some of the building's green features include daylight harvesting, low-flow fixtures, high efficiency lighting, non-toxic building materials, drain water heat recovery, and solar hot water panels. Since 1958, AlliedCook Construction has provided construction management services to a diverse range of clients, earning the reputation as one of the premiere construction management firms in Maine and New Hampshire. AlliedCook's portfolio of work includes projects for education, healthcare, corporate, hospitality, and commercial clients, as well significant experience with historic restoration and both sustainable and LEED certified buildings.
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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