News: Construction Design & Engineering

CannonDesign celebrates 30th anniversary; donates to YouthBuild

CannonDesign celebrated the 30th anniversary of its local office with an open house on March 27. Marking the milestone, the Boston office made a $10,000 donation to YouthBuild Boston. This donation will be used to cover student stipends for the summer session, allowing YouthBuild Boston to employ 15 students for 20 hours per week for eight weeks. CannonDesign's ideas-based practice is focused on providing client solutions to create healthy and nurturing places, make intelligent use of resources, and turn challenges into opportunities in order to design a successful future together with clients. Based on the belief that communities derive significant benefits from access to the design professions, the Boston office continues its public interest design work through CannonDesign's Open Hand Studio, which provides pro bono design services to those who would otherwise lack access.
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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