News: Construction Design & Engineering

ARC, RFS and Harvey's Laconia Middle School project earns CHPS

ARC/Architectural Resources Cambridge said that Laconia Middle School, designed by ARC and RFS Engineering, has received CHPS Certification by the New Hampshire Department of Education. The Collaborative for High Performance Schools, known as CHPS, is a non-profit organization that encourages school districts to design and build sustainable, high-performance learning environments to optimize children's education. The 118,000 s/f middle school building was completed last year. ARC served as the architect for the project, RFS provided integrated engineering as well as overall project management services, and Harvey Construction Corp. served as the general contractor. The three-story building, which includes classrooms, administrative spaces, a library/media center, cafeteria and kitchen, as well as a gymnasium and multi-purpose room, serves grades six through eight and accommodates up to 750 students. The new building replaced an existing 1961 facility on the same site. With CHPS Certification, Laconia Middle School will receive the additional 3% reimbursement, amounting to about $750,000, from the state of New Hampshire. "This is great news. We're all very excited that this ARC/RFS-designed project has achieved the goal of receiving CHPS Certification," said Henry Reeder, FAIA, principal-in-charge of the project at ARC. Throughout the phased demolition and construction period, the school was able to remain open. Bob Champlin, superintendent of Schools, shared ARC's enthusiasm, adding "that the new facility offers state-of-the-art educational features to provide our students with hope and opportunity is so critical to our mission. We have been blessed with the best."
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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