News: Construction Design & Engineering

Kaplan Construction completes Boston Psychoanalytic Society & Institute's 12,540 s/f learning center

The Boston Psychoanalytic Society & Institute (BPSI) engaged Kaplan Construction to renovate a 12,540 s/f historic building as the education-focused organization's new learning center. Working with Schwartz/Silver Architects and owner's project manager Design Technique, Inc., Kaplan provided interior and exterior renovations to Colby Hall, located at 141 Herrick Rd. and listed on the National Register of Historic Places. Construction started in early March and BPSI relocated in early December 2014. BPSI is an Institute which provides post-graduate training for psychiatrists, psychologists, social workers and other highly trained graduates of mental health programs, interested in psychoanalysis and psychotherapy. Psychoanalysis is an individualized, engaged, affordable and high-quality form of treatment focused on producing meaningful change over time. BPSI is committed to the greatest degree of ethical and committed care in order to alleviate the suffering of individuals, families, and society. Through its community offerings and affiliations with local universities, BPSI has become a cultural center, offering a rich intellectual contribution to Newton and its surrounding communities. Built in 1866, Colby Hall is a Romanesque Revival, Second Empire stone masonry building with wood framed floors, roof, and stud partitions. Kaplan renovated and reconfigured the building's three floors to accommodate BPSI's program spaces, and converted the attached vaulted chapel to a library and multi-purpose room to host lectures, dinners, and functions. Off the entrance is a casually furnished Community Room with an attached kitchenette that is being used as communal gathering space for students, members and faculty. In addition to construction management, Kaplan provided pre-construction services, including exploratory work, budget review estimates, preparation of deduct alternates, and preliminary schedules.
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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