News: Construction Design & Engineering

JM Coull safety program achieves Diamond Level from ABC Mass.

JM Coull was named the first and only recipient of the "Diamond Level" safety award by the Associated Builders and Contractors (ABC) of Massachusetts at its Safety Training and Evaluation Process (STEP) Awards banquet. ABC added the Diamond level to its STEP program last year, with the goal of recognizing member companies that meet the very highest qualifications for safety preparedness and performance. Candidate evaluations are based on incidence rates (accidents) and EMR (experience modification rate) for the application year. JM Coull has achieved other distinctions conferred by ABC, including Certified Green Contractor (one of only two firms in the state to earn this designation) and Accredited Quality Contractor. To qualify for each certification, JM Coull was required to meet specific standards and undergo independent evaluation. "One of our core values is 'relentless improvement,' and we use the ABC programs as benchmarks in our ongoing pursuit of that goal," said JM Coull president Andrew Coull. "ABC is continually raising the bar on its standards of excellence. Our industry is fortunate to have a professional organization that encourages and recognizes high level performance." JM Coull is also a consistent winner in the ABC's annual Excellence in Construction Awards program. Last year, the company's entry took first place honors at the regional level and second place at the national level. JM Coull specializes in facilities for advanced technology, life sciences, education, health care and manufacturing.
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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