News: Construction Design & Engineering

Beacon Communities wins 2 PRISM Gold Awards from BAGB

Beacon Communities LLC has been awarded two gold PRISM awards from the Builders Association of Greater Boston for their development of The Cordovan at Haverhill Station. Beacon was the recipient of the Best Rental Community in New England and Best Affordable Community in New England awards. The development team for The Cordovan at Haverhill Station included The Architectural Team, Duffy Design Group, Stantec and Keith Construction. "The Cordovan at Haverhill Station is a mixed-income, smart growth and transit-oriented development that was the catalyst for the revitalization of downtown Haverhill," said Pamela Goodman, president of Beacon Communities Development LLC. "We would like to thank the City of Haverhill for their partnership in creating this community as well as MassHousing, the Department of Economic and Community Development, the Massachusetts Historical Commission, North Shore HOME Consortium, Bank of America and Centerline." The development of The Cordovan at Haverhill Station involved the adaptive reuse of a primarily vacant and deteriorated historic structure in downtown Haverhill. The 146-unit mixed-income apartment home community is within walking distance to the MBTA commuter rail, Amtrak Down Easter line and the MVRTA bus station. The Cordovan was the cornerstone for redevelopment efforts in downtown Haverhill and is near shopping, art galleries and many restaurants and pubs. Originally built as a place to house small firms connected to Haverhill's shoe-manufacturing industry in the early 20th century, the design for the renovation and rehabilitation of the building retains many of the building's historic interior and exterior features. Of the 146 apartments, 61 are available to households earning less than 60% of the area median income.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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