News: Construction Design & Engineering

Featured Project of the Month: The Growth Cos. begins transformation of 16,000 s/f mixed-use 1234 Boylston Street

This month real estate development firm The Growth Companies, Inc. will begin construction at 1234 Boylston St. on Rte. 9 in Chestnut Hill across from WS Development's "The Street." Two buildings, occupied for the past 17 years by Finagle-a-Bagel and The Growth Companies, will be demolished to make way for one retail building. The new, two-story, 16,000 s/f building will relocate two near-by Bank of America locations (The Chestnut Hill Mall and The Street) into a 3,700 s/f drive-thru together with Finagle-A-Bagel into the first floor and Sleepy's Mattress and The Growth Companies new offices on the second floor. Construction begins this month and will be completed in the spring of 2016. Over the past 25 years The Growth Companies has expanded its Chestnut Hill holdings by acquiring several properties contiguous to its office campus, adding to and repositioning them into new commercial and retail as Route 9 evolved into a high-end retail, office, and residential corridor. 1234 Boylston is one of The Growth Companies properties from those early beginnings, and its transformation marks yet another piece of the mixed-use vision the developer has been helping to realize for this area of the town. According to Fred Margolis, president of The Growth Companies, "Our new Chestnut Hill development is a fine example of our continuing interest in the development of village-style retail and is an interesting, art-full, modern building." Boston design firm Stantec designed the reimagined building and site, as well as the landscape architecture, civil engineering, environmental engineering, and traffic planning. The contractor is Bowdoin Construction Corp. and the Law Office of Robert L. Allen Jr. provided permitting services.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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