News: Construction Design & Engineering

Margulies Perruzzi Architects designs 14,000 s/f for The Davis Cos.

Margulies Perruzzi Architects (MPA) completed the interior design for the new 14,000 s/f headquarters of The Davis Companies (TDC). The new space at 125 High St. in the Financial District was designed with a more open floor plan. After 24 years in Boston's South End, The Davis Cos. relocated to the Financial District to be closer to its partners, stakeholders, and members of the commercial real estate community. Other members of the project team included project manager Dale Buckley with corporate projects and Relocation Management LLC, and general contractor Elaine Construction. MPA renovated portions of the new office, taking away walls and other obstructions in order to create a more collaborative, open space. Throughout that process, MPA worked to ensure that both the existing and built-out areas were consistent in their design features. Existing conference rooms adjacent to the main entrance were kept in place for their natural wood finishes and fabrics. MPA also collaborated with The Davis Cos. on a layout that includes several different types of workstations. Private offices, cubicles, and flexible desks or "benching systems" were all incorporated to match the various types of work performed by The Davis Companies' employees. "Having worked with MPA in the past, we were confident their team would deliver results on schedule and on budget," said Duncan Gilkey, senior vice president with The Davis Cos. "MPA's design of our new space really delivers when it comes to the daily needs of our staff, and it gives us the room to collaborate and better serve our clients in the commercial real estate and finance communities." Openness and transparency were emphasized in the use of all-glass fronts on private offices as well as team rooms. In order to provide privacy within the open work environment, a number of shared offices and small huddle rooms were also included. A new pantry was designed to support both dining and casual meetings.
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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