News: Construction Design & Engineering

Erland completes renovations of Andover Inn at Phillips Academy

Erland Construction, Inc. recently completed a major renovation of the 33,000 s/f Andover Inn at Phillips Academy. Teaming with architecture firm Arrowstreet, Inc. on a design/build basis, Erland completed construction in just under one year. Renovations to the 31-room hotel, built in 1930, included upgrades to both the interior and exterior of the building. The inn was completely gutted and rehabilitated—with the exception of the main lobby and dining areas, which Phillips Academy wanted to preserve because of the richness of their architectural detailing. Andover Inn now features new mechanical and electrical systems, as well as a new modernized look that blends contemporary style with the historical nature of the original building. "We're very excited to have completed another successful project for Phillips Academy," said Jeff Ellowitz, Erland's residential group manager. "These renovations have really revitalized the Andover Inn, and we're proud of our contributions to continued improvement on this campus." This project marks the fourth time Erland has worked at Phillips Academy. The previous three include the new Gelb Science Center and two dormitory renovations—the Claude M. Fuess House and Johnson Hall.
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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