News: Construction Design & Engineering

Baybutt named construction manager for Keene's 15,725 s/f central fire department

Baybutt Construction Corp. is serving as construction manager for the city's new $6 million central fire department on Vernon St. The architect for the 15,725 s/f project is Northern Architects Collaborative, and has a scheduled completion date of June 2012. Baybutt Const. recently completed New Hampshire's first LEED Accredited fire station for the city of Portsmouth, station #2. The station located at 3010 Lafayette Rd. (Rte. 1) received LEED Silver Accreditation. The project was designed by Winter Street Architects. In another Keene project, Baybutt Const. has been selected as construction manager for the new Monadnock Community Market in Railroad Sq. The 14,000 s/f cooperative store is being designed by Scully Architects for Monadnock Economic Development Corp. and is scheduled to be open for next year's local harvest. Baybutt is also building the new $10 million Brattleboro Food Coop on Main St. in Brattleboro. The new 4-story facility will replace the existing coop and will also include 31 apartments on the top two floors. The project was designed by Gossens Bachman Architects and is scheduled for a spring 2012 completion.
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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