News: Construction Design & Engineering

Diversified Project Management promotes Clark and Driesch

Diversified Project Management (DPM) has promoted Michelle Clark and Julia Driesch. Clark has been promoted to the role of senior project manager. With DPM since 2003, Clark has worked on a variety of construction and relocation assignments, successfully delivering in excess of 1 million s/f of projects. During her tenure at Diversified, Clark has grown to specialize in the planning & execution of large-scale tenant improvement projects in the biotech, academic and industrial business sectors. Her vast portfolio includes clients such as Vertex Pharmaceuticals, Shire Pharmaceuticals, Cabot Corp., MIT and Harvard Business School. Driesch has been promoted to the role of project manager. Since joining Diversified's Newton office in 2011, she has been an integral member of the DPM teams, managing extensive relocation projects in the biotech and academic sectors. Driesch's assignments have included Vertex Pharmaceuticals, Shire Pharmaceuticals and New England Institute of Technology. Driesch is a certified Facilities Management Professional (FMP) through IFMA and a LEED Green Associate. Diversified Project Management, located in Newton, Mass., Hartford and Stamford, Conn. and Providence, R.I., is an independent owner's representative consulting company that specializes in strategic advisory, programming, pre-construction, project management, construction administration, FF&E coordination and move-planning services for corporate, academic, healthcare, manufacturing and biotech clients' construction, renovation and relocation projects. For more information, please visit www.dpm-inc.com.
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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