News: Construction Design & Engineering

Erland completes work at three college campuses

Erland Construction wrapped up the construction of three "summer slammer" campus improvement projects. Students at Framingham State University, Westfield State University, and Springfield College will enjoy newly renovated facilities. At Framingham, Erland completed an expansion and renovation of the dining facilities within the McCarthy Center. The 5,500 s/f addition increases seating - with 200 new seats. Moving forward, the school plans to utilize this new space for functions and large gatherings, as well as for student dining. For Erland's seventh consecutive summer of dormitory renovations at Westfield State, Erland replaced the exterior windows and roofs in three apartment-style dormitories. Interior work included new rugs, sinks, and mechanical system for each building. The renovations to Locklin Hall at Springfield College - the fifth project Erland has managed for the school - upgraded the main classroom building that was originally built in 1914. The 64,960 s/f building is comprised of three floors and a basement and houses classroom space and administrative offices. Work included partial window replacement; a new energy efficient, code-compliant white roof; exterior masonry restoration; a new stairwell addition; lobby upgrades on each floor; and other floor plan reconfigurations. Locklin Hall remained partially operational throughout the summer, so Erland created a temporary second means of egress to ensure the safety of all individuals.
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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