News: Construction Design & Engineering

Gilbane completes Fenway Park spring improvement project

Gilbane overcame difficult winter conditions and aggressive schedule to safely complete improvements and renovations at Fenway Park in time for the Boston Red Sox home opener vs. the Washington Nationals on April 13. The spring improvement project included the addition of a new luxury suite along the left field line and a new section of rooftop level seating above. The scope also included a renovation of the center field Budweiser roof deck bar and concession stand, and the addition of a camera basket above the center field bleachers. In addition, renovations were completed to the ground level center field concession stands and a historical remodel of the left field flag pole, AKA the "Carlton Fisk Pole". The new construction adds a total of 200 new seats to Fenway Park and is considered the last major seating addition in the park's lifetime. The architect for the project is Somerville based D'Agostino Izzo Quirk Architects, Inc. "The project demanded an aggressive schedule, with all construction operations being completed before the Red Sox opening day on April 13th," said Matt Haverty, director of Gilbane's Boston Interiors Group. "There were several logistical challenges including working safely through the bustle of the Fenway neighborhood while keeping the park fully operational during the peak season for historical tours." The project marks the fifth year of Gilbane's successful partnership and history at Fenway having completed projects in 2007, 2010, 2012, and 2014.
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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