Callahan breaks ground on 73,000 s/f assisted living community
Callahan, Inc. broke ground on Benchmark Senior Living at Split Rock, an assisted living community. The 73,000 s/f LEED certified community will feature studio, one-bedroom and two-bedroom units. There will also be a 20-unit, memory care wing for residents with dementia and Alzheimer's.
"The wing specializing in memory care will be a tremendous asset to the community," said Patrick Callahan, president of Callahan, Inc. "Unfortunately, more and more elders are faced with loss of memory and dementia and this new community will also help families deal with those unique challenges."
Callahan, Inc. is providing construction management services for the 92-unit community, which is scheduled to open in May 2014.
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