News: Construction Design & Engineering

Cutler Associates completes construction of Spectrum Health Systems' Charles J. Faris Recovery Center; The 100-bed, 40,000 s/f facility is designed by DiMella Schaffer architects of Boston

Cutler Associates completed construction of the 100-bed, 40,000 s/f Charles J. Faris Recovery Center. The new residential addiction treatment facility, situated on a hilltop overlooking Spectrum Health Systems' Westborough campus, replaces their existing 80-bed program. Designed by DiMella Schaffer architects of Boston, the Faris Recovery Center is a state-of-the-art facility intended to provide Spectrum clients with the very best care available, in the best possible setting. The 40,000 s/f, three-story building consists of four 25-bed stand-alone residential units. Amenities include a centralized intake area, family meeting space, fitness room, media center, outdoor courtyard, a central dining area and great room, and commercial-grade kitchen facilities. The recovery center has been dedicated in the name of Spectrum's president and CEO, Chuck Faris, in honor of his 46-year commitment to helping individuals overcome addiction and reclaim their lives. As part of the project team, Cutler provided planning, estimating, construction management and value engineering services. Cutler Associates was founded in 1972 to provide value-added facility solutions to their clients. They offer comprehensive services of planning, architecture and construction, delivered in a variety of formats including construction management at risk, design build, and general contracting. From their headquarters in Worcester, Mass., and satellite office in Tampa, FL, they are experts in the education, senior care, healthcare, corporate/industrial, and hospitality and tourism markets.
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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