News: Construction Design & Engineering

Diversified Project Management facilitates relocation of PCMM at Children's Hospital Boston

Diversified Project Management, Inc. (DPM) completed the relocation of The Program in Cellular and Molecular Medicine (PCMM) at Children's Hospital from Huntington Ave. to 55,000 s/f in the Center for Life Science, Boston. Formerly known as the Immune Disease Institute, PCMM is a non-profit biomedical research corporation affiliated with Harvard Medical School. The PCMM at Children's Hospital relocated four of their principal investigators, along with 15 additional staff members to a new, state of the art lab facility at Three Blackfan Circle in the Longwood Medical area. The DPM team provided design and construction oversight, budgeting, scheduling, FF&E coordination and move planning services. "DPM provided us with much needed support to execute the multiple moves. Project executive, John Waitkunas, was instrumental in helping us navigate through stringent lease requirements that resulted in cost savings for PCMM," said Ted Cronin, PCMM's president. In the past, DPM has managed relocation projects for Biogen, Brown University Life Sciences, EMD Lexigen Research Center, Exact Sciences and Wyeth. Diversified Project Management, located in Newton, Mass., Hartford and Stamford, Conn., is an independent owner's representative consulting company that specializes in programming, project management, construction administration, FF&E coordination and move-planning services for corporate, education, healthcare, manufacturing and biotech clients' construction, renovation and relocation projects. The Program in Cellular and Molecular Medicine at Children's Hospital Boston (also known as the Immune Disease Institute) is a non-profit research institution recognized worldwide for its discoveries that increase the body's ability to fight disease and to heal. PCMM is academically affiliated with Harvard Medical School, and its investigators hold appointments in departments of HMS.
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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