News: Green Buildings

Boston named "Most Energy Efficient City" in U.S. by American Council for an Energy Efficient Economy

The U.S. Green Building Council is hard at work every day enabling more buildings to become green buildings. The Mass. Chapter fosters a sense of community among practitioners and helps connect people so it's easier to build the right team to tackle the challenge of making a building green. At the end of August, we had 931 LEED certified homes & buildings in the State. The most recent to earn LEED Platinum is the Mass. Green High Performance Computing Center in Holyoke - congratulations to the consortium of partners who made it happen: MIT, BU, Harvard, UMass, Northeastern, Cisco, EMC, and the State of Massachusetts. Boston was recently named the "Most Energy Efficient City" in the US by the American Council for an Energy Efficient Economy (ACEEE). By encouraging citizens to be more energy conscious, and by implementing policies to require greener buildings in the city, Boston is making life healthier and better for its residents. "We couldn't be more proud of our progress in creating a greener, healthier city," said mayor Thomas Menino. "Boston is a world-class city, and we know that our economic prosperity is tied to its 'greenovation,' which has helped create jobs and improve our bottom-line." Thank you to the new national members of the USGBC: Urban Meritage, LLC; Arborjet, Inc.; American Engineered Fabrics, Inc.; Brait Builders; L/R Construction and Green Footprints Commissioning, Inc. ...and to the over 100 renewing members in the past two months! What's coming up? The LEED Project Showcase in Cambridge, October 17 - Contact the USGBC-MA for information on how you can show off your LEED success story at the Showcase:usgbcma.org Ecodistricts Conference in Boston, November 12-14 - Connect with urban planners, real estate developers, and community proponents at the world's largest sustainable urban development gathering. Ecodistricts are an innovative way of coordinating design, operation and utilization of buildings in cities. Learn more at ecodistricts.org Grey Lee, MSc, LEED AP, is the executive director of the USGBC Mass. Chapter, Boston and is a monthly contributing author for the New England Real Estate Journal's Green Building section.
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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