News: Construction Design & Engineering

Consigli Const. completes two-phase 12,000 s/f laboratory renovations to Aubert Hall at University of Maine

Consigli Construction Co., Inc. has completed extensive renovations to the University of Maine at Orono's Aubert Hall, implementing several upgrades which will allow the laboratory building to operate with much improved efficiency. The two-phase 12,000 s/f project was completed in consecutive phases, with much of the work performed during aggressive summer schedules. Phase 1 consisted of a complete renovation to convert existing obsolete laboratory space into the new Marine Sciences Laboratory, which included installation of new lab casework, fume hoods and cold room for marine specimen storage. Phase 2, the larger of the two phases, focused on architectural improvements on each of the building's four floors and complete renovation to three existing science laboratories. New casework and low volume fume hoods were part of the scope, as was the addition of a new mechanical penthouse and new double-pane Low-E energy efficient windows throughout the entire building. As part of an overall energy efficiency plan, the team installed new mechanical systems throughout the building and improved indoor air quality by introducing 100% fresh, outside air to all laboratory spaces. The new fume hoods help to reduce heating and cooling by up to 40%, thanks to reduced fan power energy consumption. An Energy Recovery System was incorporated into the HVAC system, reducing heating and cooling exhaust energy by up to 30%. Laboratories are fitted with occupancy sensors, helping to further reduce energy consumption when labs are not in use, and fans are equipped with variable speed drives to modulate laboratory air flows based on ventilation air demands. The project architect is WBRC Architects and Engineers.
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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