News: Construction Design & Engineering

Criterion Development's Windsor Green wins PRISM award from BAGB

Criterion Development Partners development Windsor Green at Andover won a Prestigious Results in Sales and Marketing (PRISM) Award for Best Affordable Community from the Builders Association of Greater Boston (BAGB) at the PRISM Awards Banquet and Ceremony. The BAGB PRISM Awards pay tribute to New England's most elite housing industry professionals for excellence in building, design, sales and marketing, and a myriad of other categories. Windsor Green was selected to receive the PRISM Award because of its distinctive design and exceptional quality. "We are extremely proud of Windsor Green at Andover," said Andrew Kaye, executive vice president of Criterion. "Economic development in Massachusetts is a big priority and this community's success demonstrates how a cooperative development process can result in the development of top quality professional housing, while providing local affordability benefits." Windsor Green at Andover is a 192-unit luxury garden apartment community located at Lowell St. and I-93. The community's location offers access to employment centers along I-93, 95 & 495 as well as to downtown Boston via the MBTA Commuter Rail.   Residents at Windsor Green at Andover enjoy many amenities including a full-service community center, swimming pool, spa, sports court and playground in addition to use of the Rolling Green Golf Course and the Boston Sports Club located next door to the 15-acre site.
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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