News: Construction Design & Engineering

Kuchibholta joins Parsons Brinckerhoff

Ravi Kuchibhotla has been named a senior supervising electrical engineer in the local office of Parsons Brinckerhoff. In his new position, Kuchibhotla will serve as a project technical lead and direct the preparation of design documents for electrical power distribution systems on infrastructure and facilities projects. Kuchibhotla has more than 30 years of electrical engineering and facilities engineering and construction experience with all types of facilities in various companies including General Electric, IBM and others. Prior to joining Parsons Brinckerhoff, he was a senior electrical/energy engineer with a New York consulting firm, responsible for implementing energy conservation measures and designing electrical power systems at educational facilities, commercial buildings, and utility plants. Kuchibhotla received a master of business administration from St. John's University and a bachelor of engineering from Andhra University in Waltair, India. He is a registered professional engineer in the states of New Jersey, Massachusetts, Connecticut, and Rhode Island. He is a life senior member of the IEE Power & Engineering Society.
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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