News: Construction Design & Engineering

G. Greene Construction completes 12,000 s/f primary care department for Mass. General Hospital Waltham facility

G. Greene Construction completed a new primary care department for the Massachusetts General Hospital Waltham facility. The 12,000 s/f fit-out was retro-fitted with a registration and waiting area, nurses' station, 13 exam rooms, 6 doctors' offices, blood laboratory and a conference room. The project team, Peter Mancini and Jay Castrucci completed the job on time meeting a 3 month schedule. Their daily coordination with the building manager was critical to ensure all shut-downs and noise disturbances would not interfere with the occupants in the building. One of the challenges they faced was bringing utilities through the eye operating suite, located adjacent to the space. The area needed to be completely sealed off so as to ensure that all dust and debris would stay contained and patients and staff would remain protected throughout construction. Jonathan Hayward, MGH project manager and Kevin Neumann, principal of Steffian Bradley Architects were an essential part of the success of this project. They worked with G. Greene to ensure all issues were met with solutions in order to keep the project on time and on budget. Hayward said "I want to give accolades to the G. Greene team that worked on the MGH Primary Care project in Waltham. This team did a wonderful job in creating a beautiful project. They were all a pleasure to work with." This is one of many projects G. Greene completed as a partnership with Steffian Bradley Architects. G. Greene is fortunate to be part of the MGH team and is working on the Gray Building and Cox Building basement renovations, as well as the Bartlett 8/Extension 6 Wellman Center renovation. These projects are taking place at the MGH Boston campus.
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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