News: Construction Design & Engineering

CTA-built $23.8 million Joint Forces project holds ribbon cutting

A ribbon-cutting ceremony was held in December 13, 2012 at Hanscom Air Force Base to honor the opening of one of the nation's first Joint Forces headquarters buildings, a 120,000 s/f office building, phase I of a two-phase, two-wing, 200,000 s/f facility to accommodate both the Massachusetts Army and Air National Guard. Attending the ceremony was governor Deval Patrick, lieutenant governor Tim Murray, senator Elizabeth Warren, the adjutant general of the Massachusetts National Guard major general Scott Rice, and general Frank Grass, National Guard Bureau chief. Phase I of the $23.8 million project was designed by Kleinfelder/SEA Consultants, Inc. and constructed by CTA Construction Co. Inc. The building contains flexible interior space to accommodate the changing needs of the National Guard divisions. The building will serve as the administrative, war-time, and domestic response headquarters for over 8,000 soldiers, Airmen and Civilians. The building design includes numerous sustainable features, including optimized energy performance, recycled-content building materials and adherence to an Indoor Air Quality Management Plan. The site contains water efficient landscaping. The project is targeting LEED Gold certification.
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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