News: Construction Design & Engineering

Lt. gov. Murray to speak Feb. 10

With job losses climbing and state revenues falling, Massachusetts is facing its greatest economic challenge in decades. Join us for a special breakfast with lieutenant governor Tim Murray to learn what the Patrick Administration is doing to address the problem and stimulate economic recovery. In his remarks, Murray will discuss the administration's life sciences program, as well as other efforts to promote technology innovation end energy efficiency as primary growth areas for the commonwealth. He will also talk about the administration's outreach to cities and towns to explore ways the state can assist municipalities in the areas of technology, health insurance, purchasing, capital asset management, and transportation. Most importantly, he will provide the latest information on the Economic Recovery Package now before Congress, which is expected to include funding for "shovel ready" projects in Massachusetts that will jump start the economy and create jobs. Don't miss this opportunity to meet Tim Murray, ask questions, and get a heads up on potential construction opportunities in the coming months. For more information or to register for the event, visit www.associatedsubs.com. Safety Roundtable, Feb. 24 ASM's safety roundtables are held on a quarterly basis in cooperation with OSHA and the Division of Occupational Safety, and are open to all subcontractors free of charge. The next Roundtable will be held on Tuesday, Feb. 24 and will feature a presentation by Applegate Associates and Acadia Insurance on how to develop a written safety program for your company. Having a written program is essential not only to improve safety performance within your company, but also to be able to provide evidence to insurers and OSHA of your commitment to safety. The Roundtable will be held at Eastern Insurance in Natick from 10 a.m. to noon. Visit the ASM website to register, www.associatedsubs.com.
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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