News: Construction Design & Engineering

ASM forms new Young Professional Group

Responding to an outpouring of interest from within our membership, ASM is excited to announce the formation of a new Young Professional's group. The mission of the group is to develop, engage, and empower young professionals to grow and flourish in the Mass. Subcontractor industry through unique networking and programming events. Jessica Blake of Salem Glass and Cassie Johnston of Fall River Electrical are chairing a steering committee and are reaching out to member firms to assemble a list of people interested in being part of the group . Any employee of a member firm, up to 39 years of age is eligible to participate. As Jessica explained, "We are looking to strengthen the subcontractor community by growing its young leaders and retaining its great talent." The group is planning to have its first kickoff event at the beginning of the New Year! For more information, contact ASM.
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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