Last month, Governor Deval Patrick held his first meeting with the new Massachusetts Zero Net Energy Buildings Task Force. This group was "appointed at Governor Deval Patrick's direction to help the state's public and private sectors design and construct super-efficient 'green' buildings." With leaders from the green building and other relevant industries on the Task Force, the group will be developing "specifications for the first state-owned zero net energy building by January 1, 2010 and statewide adoption of the standard for new construction by 2030." Zero net energy building design has been mainly focused at the residential level but Massachusetts is looking beyond that to investigate what it would take for commercial properties of all scales to meet zero net energy status.
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 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!
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 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