News: Construction Design & Engineering

Heery International celebrates topping off of $67.7 million Tewksbury Memorial High School

Current and future students of Tewksbury Memorial High School joined 200 community members along with local and state civic leaders for a topping-off ceremony for the new school. Also on hand were representatives of Heery International, which is serving as the town of Tewksbury high school building committee's project manager on the $67.7 million school. Other project team members present at the event included representatives of the architect, SMMA, and the general contractor, CTA Ventures. Before being raised to the top of the structure, two steel beams were signed by the attending celebrants as well as seventh graders who will be the first students to graduate from the completed school. The three-story, 219,000 s/f structure is designed to accommodate 1,100 students and will replace the existing high school built in 1959. Construction of the facility began in October 2010 and is scheduled for completion in the fall of 2012. "This new high school is designed to meet sustainability standards as established by the Mass. Collaborative for High Performance Schools, a green building rating system designed specifically for Mass. schools," said Tom Ellis, Heery's Boston area manager. Tewksbury Memorial High School is also part of the state's Model Schools Program, which adapts successful designs from recently constructed schools, speeding the design process as well as reducing associated design costs.
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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