News: Construction Design & Engineering

Margulies design of Blue Cross Blue Shield project honored by IESNA

Margulies & Associates, one of Boston's most innovative architectural and interior design firms, announced today that the firm's work for Blue Cross Blue Shield of Massachusetts (BCBSMA) was honored by the New England Section of the Illuminating Engineering Society of North America (IESNA), the recognized technical authority on illumination, for the third year in a row. The International Illumination Design Awards (IIDA) program of the IESNA provides a unique opportunity for public recognition of professionalism, ingenuity, and originality in lighting design. Judges are selected from a broad professional spectrum that represents knowledge of lighting and design excellence. The judging system is based entirely on how well the lighting design does or does not meet the program criteria. Continuing an ongoing relationship, Margulies designed BCBSMA's new South Shore headquarters at 25 Technology Place. Each lighting decision was made with energy efficiency in mind. The design team maximized natural light sources and, in collaboration with lighting design firm Lisa Zidel Lighting Design, used dimmers and daylight sensors to regulate energy usage. Custom-engineered internal reflectors, metal halide track heads, and custom-modified fixtures are a few of the methods that helped achieve energy efficiency while maintaining an aesthetic and comfortable environment. Completed in June 2007, the building is expected to be certified LEED Silver. "Our client wanted a new facility that was environmentally-friendly and promoted the health and comfort of its employees," said Daniel Perruzzi, Jr., AIA, principal of Margulies. "Using creative solutions, we were able to achieve efficiency while amplifying the beauty of the interior and exterior spaces." Margulies & Associates' design of the four-story, 329,000 s/f office building for BCBSMA, the regional leader in health insurance and managed care, includes a multi-purpose cafeteria space, conference/training center, major data center and child care facility. A five-level, 1,184-car parking structure is linked directly to the main lobby by an all-weather connection. The project team consisted of Lisa Zidel Lighting Design; A.W. Perry, Inc., developer; Turner Construction, construction manager; Souza True & Partners, structural engineers; SEi Companies, mechanical, electrical, plumbing and fire protection engineers; Brown Richardson & Rowe, landscape architects; and BSC Group, civil engineers.
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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