News: Construction Design & Engineering

Lee Kennedy's Old State House tower restoration project honored

Lee Kennedy Co.'s historical restoration of the Old State House tower has been recognized with a 2009 Preservation Achievement Award. Given by the Boston Preservation Alliance, the Old State House was named a winner in the 'Restoration of an Iconic Boston Landmark' category. Lee Kennedy Co. collaborated with The Bostonian Society, Tellalian Associates Architects & Planners and Preservation Technology Associates on this complex historical restoration. In just four months, the team re-gilded the tower's gold dome, restored the windows, applied new copper roofing and wood siding and performed other repairs in a $1 million effort to make the 295-year-old structure watertight. The team also re-gilded the original weather vane atop the tower, which dates back to 1713 when the Old State House was first constructed. The project will be recognized at the Alliance's annual auction and awards event on April 30.
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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