News: Construction Design & Engineering

Columbia Const. completes 115,000 s/f mfg. facility for Siemens Healthcare

Columbia Construction recently completed a 115,000 s/f diagnostic reagent facility expansion for Siemens Healthcare Diagnostics. The approx. $100 million expansion was in response to the industry's growing demand for Siemens' diagnostic tests manufactured locally here in Mass. Seventy new jobs were created as a result of this expansion. Built 3 months ahead of schedule, the new facility was constructed in 19 months, with the warehouse being delivered in just 11 months. "Siemens Healthcare Diagnostics is the largest medical diagnostics company in the world. For almost 30 years, we have partnered with Columbia Construction Co.," said Mike Porreca, facilities manager. "At our Walpole campus alone, they have worked closely with us to develop over 500,000 s/f of validated reagent manufacturing, research laboratories, refrigerated warehousing, specialized packaging and administrative space. They have consistently provided us with superior service and quality construction. We value Columbia's expertise in both preconstruction and construction and rely on them as a trusted advisor and partner." Several green elements were integrated into this project such as the installation of light sensors throughout the building; energy efficient roof design and insulation to conserve valuable resources; and the installation of high-efficiency motors for all facilities and process equipment to minimize energy needs and decrease use of fossil fuels. The most complex green initiative was the implementation of a Water Recharge System (WRS). Water from rooftops of Buildings #3 and #4, as well as the parking lot, is plumbed into the WRS, which provides a path for the water to enter directly into the ground rather than travel off the site into Walpole's storm sewer system. Columbia Construction Co. provides construction management services throughout New England. Columbia's work is focused within the corporate, commercial, life sciences, academic, healthcare, housing/hospitality, and senior living market sectors.
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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