News: Construction Design & Engineering

Erland completes Wellness Center, Field House, Athletic Training/Exercise Science Complex at Springfield College

Erland Construction recently completed construction of the new wellness center, field house, and athletic training/exercise science complex for Springfield College. The buildings opened in early September in order to accommodate the school's first day of classes. Totaling 160,560 s/f the project consisted of three different components. The new 93,820 s/f field house includes a 200-meter, six-lane track surrounding four multipurpose courts, plus strength and conditioning facilities and other features. The 47,840 s/f wellness center features two large exercise rooms with state-of-the-art equipment; a polymer cement climbing and bouldering wall; fitness testing laboratories; four multipurpose teaching/activity spaces; and faculty offices. The 18,900 s/f athletic training/exercise science complex includes classrooms and laboratories and research space. The site for the new buildings was very tight, requiring a thorough safety plan to ensure that construction would not disturb the daily routines of the students, faculty, staff, or residents of the nearby neighborhood. The three separate buildings are interconnected and also adjoin the physical education complex and Art Linkletter Natatorium, so that students will not have to go outside when traveling from one portion of the complex to another.
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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