News: Construction Design & Engineering

Margulies & Associates completes interior renovations for Metabolix office space

Margulies & Associates has completed design of 14,000 s/f of office space for bioscience company Metabolix, Inc. The new office will house the sales and marketing headquarters of Mirel, a new brand of biobased plastics that are eco-friendly. Metabolix's has formed a joint venture with Archer Daniels Midland Co. to manufacture, market and sell Mirel. Margulies & Assoc. converted office space into a laboratory for the testing of the company's products. To reflect the company's eco-friendly philosophy, the color scheme is natural and the systems furniture, seating, and conference table are all GreenGuard Certified, a program for specifying low-emitting furniture for sustainable building programs. The reception area has banners outlining the qualities of biobased plastics and a graphic with the life cycle of the plastic. "Working with a newly public company that is poised for enormous growth posed unique design challenges," said Marc Margulies, AIA, principal of Margulies & Assoc. "Metabolix is carefully focusing its expenditures on research and development so we were sensitive to cost issues and designed a space with maximum flexibility to support future expansion."
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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