News: Green Buildings

Consigli Construction and ICON Arch. complete library project for Salem State with plans to achieve LEED Silver

Consigli Construction Co., Inc. has completed a fast-track summer project at Salem State College, overseeing a fit-out of a new library on the school's historic Central Campus that is targeting LEED Silver certification for existing buildings (EB). In partnership with ICON architecture, approximately 25,000 s/f of previously unused space in an academic building on the college's Central Campus was converted to a modern library setting. The project operated under an extremely tight deadline, as the space needed to be finished prior to students returning to campus. To do this, several creative measures were implemented to meet the schedule requirements. Awarded in March, the team began demolition and abatement almost immediately. In concert with ICON, Consigli worked to develop early release packages for five major trades (elevator, windows, HVAC, asbestos abatement/demolition and electrical). By expediting the construction process and using submittals from when the first phase of the building was constructed, the team was able to save valuable time and begin moving the school's collections into the new space as each floor was completed with new storage racks, study areas, restrooms and wireless networking capabilities, as well as a new elevator to ensure ADA-accessibility. While the project is the first LEED EB for Consigli, it is also the first Consigli project to be completely paperless. The team was able to submit and distribute drawings, RFI's and all other forms of reports and documentation through an innovative software platform, thus allowing Consigli, ICON and subcontractors to substantially cut down on the office wastes generated by a construction project. It also helped save time by expediting the submittal process, thanks to a central database where all parties could access construction documents. Consigli, a leader in environmental construction, currently has 19 LEED projects registered or certified with the USGBC, including three SPiRiT (the US Army's version of LEED) projects. Among them are the LEED Platinum-certified Harvard Blackstone Office renovation and LEED Gold-certified Cambridge City Hall Annex.
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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