News: Green Buildings

Joint Management Committee earns EPA's Energy Start award for protecting the environment through energy efficiency

The Joint Management Committee, a group of Massachusetts utility companies and energy efficiency service providers, has received the Environmental Protection Agency's (EPA) most prestigious Energy Star award for its longtime environmentally-conscious leadership and energy efficiency initiatives. The EPA presented the 2010 Sustained Excellence Award to the Joint Management Committee (JMC) in a Washington, D.C. ceremony on March 18. The 2010 Sustained Excellence Awards are given to a select group of organizations that have exhibited outstanding leadership year after year. The JMC administers the Massachusetts New Homes with Energy Star program. Its long-term commitment to energy efficient new construction is a collaborative effort funded by various providers such as the Western Massachusetts Electric Company (WMECO), Bay State Gas, Berkshire Gas, Cape Light Compact, National Grid Gas and Electric, New England Gas, NSTAR Electric and NSTAR Gas. Homes built through the program are at least 15% more efficient than homes simply built to Massachusetts Residential Building Code. "The Joint Management Committee is continuing our commitment to increasing energy efficiency through the Massachusetts New Homes with Energy Star program," said Margaret Song, residential program manager, Cape Light Compact. "We view our Energy Star partnership as an important way to join in the fight to address climate change." Sustained Excellence Award winners have reduced greenhouse gas emissions by setting and achieving aggressive goals, employing innovative approaches, and showing others what can be achieved through energy efficiency. The Sustained Excellence awards recognize ongoing leadership across the Energy Star program including energy-efficient products, services, new homes and buildings in the commercial, industrial and public sectors. Award winners are selected from more than 17,000 organizations that participate in the Energy Star program. "The Joint Management Committee's continued leadership and commitment to energy efficiency is a testament to what we can accomplish to reduce greenhouse gas emissions and protect our global environment," said Gina McCarthy, EPA assistant administrator for Air and Radiation. Energy Star qualified homes are designed built and performance tested to offer enhanced comfort and energy savings. Across the U.S., top companies and organizations are leading the way toward a more energy-efficient future through participation in Energy Star. ICF International administers the program on behalf of the participating utilities. Last year, Energy Star helped Americans save $17 billion on their energy bills and reduced greenhouse gas emissions equivalent to those of 30 million vehicles.
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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