News: Construction Design & Engineering

Chan Krieger Sieniewicz and NBBJ merge

NBBJ and Chan Krieger Sieniewicz have completed a merger of the two firms that will create an integrated team of over 700 architects, urban designers, planners and interior designers. The Chan Krieger Sieniewicz team, including its five principals, will continue in their current roles. As part of the transition to the NBBJ name, the Cambridge office will operate as Chan Krieger NBBJ. More than three years of collaboration as the design team behind the new 530,000 s/f building for the Third Century at Mass. General Hospital (MGH) led to a growing interest by principals in both firms to establish a more formal and far-reaching alliance. Scott Wyatt, managing partner of NBBJ, said "Since that introduction three years ago, we learned a lot about each other and came to realize the value we could provide to clients by combining the strengths of both organizations. NBBJ is known for our deep market experience in healthcare, education, corporate and commercial design. Chan Krieger Sieniewicz is known in Boston and internationally for its world-class depth in architecture and urban design. Integrating this experience advances what we can together offer clients, particularly on complex urban projects in the U.S. and overseas." The merger gives NBBJ, which already operates a project office in Boston, a larger presence in New England. The Seattle-based firm has offices in several U.S. cities, including Columbus, Los Angeles, New York, San Francisco and Seattle. Overseas offices include London, Beijing, Shanghai and Dubai
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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