News: Rhode Island

ARC/Architectural Resources Cambridge completes $5.7 million St. Martin's House

ARC/Architectural Resources Cambridge, a leading architectural, planning and interior design firm specializing in educational, sports, science and corporate facilities, held a dedication ceremony for the opening of the new, $5.7 million St. Martin's House at Portsmouth AbbeySchool. Designed by ARC and constructed by Middletown, R.I.-based Advanced Building Concepts, the 27,000 s/f St. Martin's House is a student residence for boys containing 30 student beds and three faculty residence units organized in a central corridor style. The shingle-style exterior and copper roof respects the local New England village vernacular and references the existing architectural style of the campus, and its placement opposite St. Brigid's House, also designed by ARC and constructed in 2007, reinforces the concept of a "campus green" at the heart of the residential campus. The new dormitory uses solar panels on the roof to provide anywhere from 60 to 100% of its hot water needs, and any excess hot water is used to offset the demands of the high-efficiency boiler and the campus laundry facility located in the building basement. Other sustainable features include a super-insulated building envelope that will reduce heating loads by up to 30% below required levels, water-efficient toilets and Energy Star appliances. Construction began in July 2010, faculty moved in this summer and the dorm welcomed the first students at the start of the 2012-2013 academic year. Philip Laird, AIA, LEED AP, who is president of ARC and served as principal-in-charge of the project, attended the ceremony along with Jan Taylor, AIA, LEED AP, who was project manager for the project.
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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