News: Construction Design & Engineering

Erland awarded Retreat at Union Pond for The Gatehouse Group

Erland Construction, Inc. was awarded The Retreat at Union Pond for The Gatehouse Group. Teaming with architect VMY Vitols Associates, Erland is scheduled to complete Phase 1 of this new apartment complex in February of 2011. This affordable housing development features 104 apartment units in four buildings. The three-and four-story, wood-framed buildings have a mix of one, two, and three-bedroom apartments. Construction also includes a new club­house, maintenance building, and a garage,. This project marks the second time that Erland has worked for The Gatehouse Grp. The first was Quail Run - a 132-unit apartment complex in Stoughton completed in 2007. Erland's residential group manager, Jeff Ellowitz, said of the project, "We're really excited about this project. It's our second time working with Gate­house Group and we're proud that they chose us again. It's always reward­ing to work with an owner multiple times and develop a relationship earned through the value we bring to the project." With over 30 years of experience, The Gatehouse Group is an industry leader in the development and management of apartment communities throughout the United States and has achieved a reputation for excellence. Gatehouse has received numerous awards and citations from national and regional divi­sions of government and industry groups. Erland Const. is one of the region's leading open shop construction man­agement, program management, design/build, and general contracting firms.
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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