News: Construction Design & Engineering

Groves and Piattoni join URS' infrastructure and enviroment division

Dean Groves, P.E., and Peter Piattoni have joined URS Corporation's New England operations as part of its Infrastructure & Environment Division. Groves, in his capacity as director of strategic growth, will help direct URS' expansion plans throughout New England. Currently, URS has offices in Boston; Rocky Hill, Conn.; Salem, N.H.; and Portland, ME. He has extensive experience in public infrastructure planning and design. Prior to joining URS, he was president and chief executive officer and a member of the board of directors of Fay, Spofford & Thorndike, Inc. Groves is a leader in the engineering community in New England, and is active in numerous professional organizations, including the American Council of Engineering Companies, the New England Chapter of the American Public Works Association, the American Society of Civil Engineers, the Boston Society of Civil Engineers, and the Institute of Transportation Engineers. He received an MS in civil engineering from Northeastern University, and a BS in Civil Engineering from Lowell Technological Institute. Piattoni will serve as director of business development for New England, with responsibility for working with branch offices and market sectors in coordinating all aspects of business development and strategy. His experience includes business development and government relations. He has worked closely with municipalities and agencies throughout New England. He previously served as vice president of business development at Fay, Spofford & Thorndike, Inc. He also was an instructor on principles of marketing at Franklin Pierce University. Piattoni is active in a number of state, regional, and national associations, serving as a member of the American Council of Engineering Companies' National Engineering Excellence Awards committee and the national nominating committee for the American Public Works Association. He received a BA in History from the Univ. of New Hampshire.
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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