News: Construction Design & Engineering

April 30 event features Richey on adventures of going green

ASM's board of directors extends an open invitation to attend a special networking event on April 30 that will feature a presentation by acclaimed mountain-climber, Mark Richey. Richey has not only scaled some of the world's tallest peaks, he is also founder and CEO of Mark Richey Woodworking & Design (an ASM member), whose fine millwork graces corporate offices and institutions throughout New England and beyond. Inspired by first-hand observation of climate change on mountain landscapes, Richey and his company have made a corporate commitment to sustainable construction, starting with their own headquarters. He will talk both about his climbing adventures and his adventures "going green" - erecting a wind turbine and installing a biomass furnace at the company's Newburyport facilities, and developing the expertise to provide the green services that customers demand today. The event takes place at the Newton Marriott, starting with a reception at 4:30 p.m. Visit the ASM website for details.
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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