News: Construction Design & Engineering

Landry/French Construction Company breaks ground on office building for Western Maine Health

Landry/French Construction Company has broken ground on a new medical office building for Western Maine Health. Landry/French was selected as the construction manager for the new 25,500 s/f patient-centered medical home being built on the site of the former C.B. Cummings & Sons dowel mill on Pikes Hill Rd. The new building will accommodate Oxford Hills Internal Medicine and merge the primary care practices of Western Maine Family and Oxford Hills Family Practice. The Patient Centered Medical Home (PCMH) is a national model to delivery primary care that can lead to higher quality and lower costs, and improve patients' and providers' experience of care. Designed by SMRT of Portland, the exterior is a contemporary take on downtown Norway while blending into the nearby residential neighborhood. With pitched roofs, clean lines, a simple material palette and volumes that are organized at a more residential scale. Another goal of the design is to project an image to the community that Western Maine Health medical office building is a modern, forward-thinking healthcare facility. The building is built to the Efficiency of Maine Advanced Building Program standards. Completion is slated for early 2016. Landry/French Construction is also renovating two operating rooms at Stephens Memorial Hospital.
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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