News: Construction Design & Engineering

CBT honored at New England Chapter of International Interior Design Awards

CBT was honored by the New England Chapter of International Interior Design Association at the IIDA annual awards ceremony on February 27. CBT's interior design work across hospitality, residential, and workplace design was recognized with the following awards: * Best Private Residential Design: The interior design of the Clarendon Penthouse in Boston's Back Bay was done to attract buyers to the luxury unit which resulted in immediate sales. The design showcases views of the Charles River on one side and the city skyline on the other. * Best Multi - Residential Design: Watermark Kendall East, in Kendall Sq., was awarded for its urban interior design program for this modern full-service high rise residential tower. The LEED certified development includes modern finishes and open planning. * Best Lobby/Hotel Design: Hotel George in Washington D.C. won best lobby/hotel design, which includes a redesign of 139 guestrooms, suites, and corridors into a destination to provide a more inviting and sophisticated guest experience and capture the revolutionary spirit with a modern twist in the Capital Hill neighborhood. * Best Office Under 30,000 s/f: CBT's workplace interiors team topped the Best Office Under 30,000 s/f category for their design of the Analysis Group offices in Washington, D.C. The new office space was designed to reflect the company's energy and social culture while inspiring creative thinking in an environment that focuses on business strategy consulting. "Winning these awards across a spectrum of building types shows our team's innovation and leadership in live, work, and stay environments," said Lois Goodell, director of interiors, CBT. "We are grateful for the honors."
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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