News: Construction Design & Engineering

Derek Veilleux 2012

Name: Derek Veilleux, AIA, NCARB Title: Architectural Discipline Leader, Healthcare Architect Company: SMRT- Architects and Engineers Location: Portland, ME; Andover, MA; Albany, NY; Alexandria, VA; Keene, NH Place of birth: Lewiston, ME Family: Partner Ronald Hunt (commercial lending with TD Bank) Education: Bachelor of Science in Building Science, Rensselaer Polytechnic Institute, 1998; Bachelor of Architecture, Rensselaer Polytechnic Institute, 1998. First job unrelated to your current field: Washing dishes for my Dad at the family restaurant after school when I was 15. First job in current field: Intern with Harriman Associates. What your firm does now and its plans for the future? SMRT's healthcare design team strategizes with and supports our clients' master planning efforts while designing operationally lean medical facilities - whether a hospital of the future, ambulatory care centers, operating platforms, medical office buildings, medical simulation centers, laboratories, and patient centered medical homes. As a full service architecture and engineering firm, SMRT assists healthcare; controlled environments and manufacturing; private/higher education; government and corporate clients develop facilities that support their mission. Hobbies: Running, yoga, hiking, volleyball, wallyball, graphic design. Favorite novel: To Kill a Mockingbird Favorite film: The Third Man Keys to success: Strive to understand your client's priorities, concerns, and values and make them your own. Person(s) you most admire (outside of family): George Mitchell If you had to choose a different profession, what would it be? Multi-media design.
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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