Baybutt Const. Corp. is successful bidder for Springfield schools
After several years of planning, and after funding was approved by the taxpayers, the Union St. and Elm Hill Elementary Schools in will now get their needed renovations and additions. Baybutt Construction Corp. of Keene was the successful low and responsible bidder on these two school projects, coming in at $16,233,250.
Dore and Whittier Architects of Burlington, VT are the designers for these projects.
Elm Hill students have been relocated while the $6,757,725 construction occurs, which will include extensive site work, three additions and comprehensive renovation to existing school. Union Street students will occupy the school during the $9,475,525 addition and renovation project which will include site work, comprehensive renovation to existing school and a 15,000 s/f addition.
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 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!
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 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