News: Construction Design & Engineering

Jones Lang LaSalle completes $2.5 million Boston Medical Center interior renovation

Jones Lang LaSalle's construction team has completed a $2.5 million interior renovation for Boston Medical Center (BMC) in its Preston Family Buildings Center for Endocrinology, Diabetes, Nutrition and Weight Management at 732 Harrison Ave. JLL was the construction manager/general contractor. Patient treatment and common areas in the new 10,000 s/f hospital clinic on the second floor have been upgraded. Features include: upgraded HVAC and electrical systems, new finishes, check in and waiting areas, and other system upgrades and improvements on the existing floor. The construction work was multi-phased so as not to interrupt clinic operations. "We are pleased to have delivered the project ahead of schedule with no impact on daily patient service," said Jones Lang LaSalle senior vice president and construction manager Larry Carpenter. "This was achieved through careful planning, and a tight collaborative effort between our long-standing client Boston Medical Center and all contractors." "The construction for the second floor went extremely well and did not impact patient care during any of the phases," said Anthony Lanci, construction project manager of Boston Medical Center. "Jones Lang LaSalle's project superintendent Niles Carter did an outstanding job with communication back to the BMC project team for any potential shutdowns. The Preston building is one of the most difficult buildings on campus to work on because of the low ceiling to deck heights. Even with those difficulties Jones Lang LaSalle completed the project ahead of schedule and under budget." Joining Carpenter on the Jones Lang LaSalle Construction team was managing director and project executive Steven Wassersug, senior superintendent Niles Carter, and senior estimator Chris Hardiman.
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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