News: Construction Design & Engineering

Diversified Project Management retained by Connecticut College for $9.1 million Shain Library renovation

Diversified Project Management, (DPM) has been retained by Connecticut College for the renovation and expansion of the Charles E. Shain Library building. As part of a $9.1 million makeover, the private liberal arts college is renovating the 100,000 s/f library and adding a new, 600 s/f addition to the front entrance and front façade. A 24-hour student café with new outdoor patio gathering space will also be added. Renovations inside the building will be focused on collaboration spaces and circulation areas with the mission of creating a more user-friendly study environment with state-of-the-art tools and services for the student body. DPM project executive, Mark DuPre' and senior project planner, Janet Wheeler are providing the onsite support and are working closely with all members of the project team including Schwartz/Silver Architects, Inc. and KBE Building Corp. Construction is expected to start late spring 2014 and be finished spring of 2015. This is DPM's second engagement with Connecticut College. Last year, DPM oversaw the renovation of the 25,500 s/f New London Hall and attached 3,200 s/f greenhouse, as well as the construction of a 13,600 s/f addition to the building. Best practices of sustainability were implemented and the college earned LEED NC Gold Certification from the USGBC.
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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