News: Rhode Island

McKernan, Hughes, McGeorge and Castellone of Vision 3 Architects earn USGBC's LEED Professional Accreditation

Four members of Vision 3 Architects have completed the United States Green Building Council's certification requirements for Leadership in Energy and Environmental Design (LEED) Professional Accreditation. The accreditation of Christen McKernan; James Hughes, AIA; Matthew McGeorge, AIA; and Paul Castellone, AIA brings the number of LEED Accredited Professionals on Vision 3's staff to five. LEED is a national standard developed by the United States Green Building Council that provides a comprehensive framework for assessing building performance and compliance with environmental goals. The standard emphasizes strategies for sustainable site development, water efficiency, energy performance, material selection, and indoor environmental quality. The LEED Professional Accreditation exam certifies that a professional within the design profession has demonstrated their understanding of green building practices and principles, as well as proficiency with LEED specific requirements, resources, and processes. LEED certification strengthens Vision 3's commitment to responsible, creative design. McKernan is an intern architect and is working on projects for Home and Hospice Care of Rhode Island and Linden Sq. McGeorge is a project manager and is working on Metro Office Park East, and Bay Tower Medical Center. Hughes is a project manager for Home and Hospice Care of Rhode Island's new inpatient facility and administrative offices, 300 Jefferson Blvd. corporate office building, and the Renaissance at Pleasant View condominiums. Castellone is an associate and is in charge of the hospitality team. He is a member of the R.I. chapter of the American Institute of Architects.
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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