News: Construction Design & Engineering

Gensler relocates office to One Beacon St. site

Gensler Boston has relocated its office to the recently renovated One Beacon St. Gensler applied its expertise to the new office, creating a space that encourages collaboration and innovation among the firm's 80-person team.  The office is a model for sustainable design and on track to receive a LEED Gold certification from the U.S. Green Building Council in the Commercial Interiors (LEED-CI) category. Gensler selected One Beacon St. for its new office in part because the building planned to pursue LEED certification. For the design and construction of the Gensler space, the team followed sustainable procedures and worked with the contractor to recycle 92% of the construction waste. Only materials available locally (within a 500 mile radius) were specified, including the ceiling tile, carpet, wood, and lighting systems. In addition, Gensler purchased green power for the office and used strategically placed high-efficiency light fixtures which surpass building energy code standards by over 25%.
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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