News: Construction Design & Engineering

Erland Construction named to repair Springfield College's tornado damage

When a tornado caused extensive damage to several buildings on Springfield College's campus, the school hired Erland Construction for help. Erland is focusing on four buildings that were hit during the storm - International Hall, Reed Hall, Massasoit Hall, and the Power House. Three of the four buildings are student residence halls. Luckily, the storm hit after students had left for the summer and before summer camps began. No one was hurt despite extensive interior and exterior damage to each of the structures. However, hundreds of students are slated to live in these residence halls in the fall, so they must be move-in ready by the end of this month. While Springfield College is dealing with the insurance companies, Erland is working quickly and diligently to ensure these students have a place to live in two months. Repairs will include new windows, metal panel facades, roofs, glass storefronts and interior doors, ceilings, flooring, light fixtures, and furniture. The devastation at Springfield College is astounding and we're happy to help however we can to get the school up and running again for the 2011-2012 school year," said Erland's senior vice president and key account manager, Tom Blesso, "I'm happy that we've established the kind of longstanding relationship with Springfield College that they chose us when they needed help."
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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