News: Construction Design & Engineering

Landry/French Construction ahead of schedule on 45,000 s/f Avita Memory Care Center

Avita Memory Care Center  - Wells, ME Avita Memory Care Center - Wells, ME

Wells, ME Construction on the new 45,000 s/f Avita Memory Care Center is progressing ahead of schedule. Landry/French Construction, construction manager on the new facility said that the progress is a result of the mild winter conditions and the quality subcontractors on the project. The single-story, wood-framed building is being built on a parcel next to York Hospital and Wells High School and will include 60 resident rooms (70-beds). The project is estimated to be several weeks ahead of schedule.

The project is a joint venture between Sandy River Company and The Northbridge Companies. Construction is expected to be completed in the fall of 2016. The architect is Gawron Turgeon.

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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