News: Construction Design & Engineering

Callahan Inc. making progress on 88,322 s/f Laurelwood at The Pinehills

Callahan Inc. is currently working to complete Laurelwood at The Pinehills set for completion in spring of 2015. The three-story, 88,322 s/f facility was designed by The Architectural Team (TAT) and is owned by The Northbridge Companies. Laurelwood at The Pinehills will include 80 apartments and will provide residents with a variety of amenities including a restaurant, pub/café, art studio, library, spa/salon, theatre and fitness center. "Independent living and assisted living options will be offered," said Patrick Callahan, president of Callahan Construction. "The community incorporates a specially designed neighborhood for those who are memory-impaired." Laurelwood at The Pinehills is located on landscaped grounds and will provide walking trails to shops, professional services and restaurants at the Village Green at The Pinehills. "Our projects stress the importance of creating contemporary living for seniors," said Callahan. "Providing these modern amenities allows seniors to stay active and connected."
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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