News: Construction Design & Engineering

Meridian acquires Sustainnovation Consulting

Meridian Associates, Inc., a leading provider of renewable energy, engineering and laser scanning services has completed the acquisition of Sustainnovation Consulting, Inc., a Concord, Mass.-based sustainability consulting firm. Sustainnovation's services address waste, energy, facilities and systems with business strategies that drive operational efficiencies, reduce carbon emissions and improve brand value and social responsibility. "Meridian Associates and Sustainnovation Consulting have a shared vision that is focused on integrating environmental stewardship, economic development and the well-being of people, today and for future generations," said Don Bowen, principal of Meridian. With this acquisition, Sustainnovation Consulting becomes a wholly owned subsidiary of Meridian Assocs. Rob Howe, a co-founder of the firm, will manage the new division as its president. "We at Meridian Assocs. are extremely excited about the acquisition of Sustainnovation Consulting, and we believe our combined offerings are in line with the future needs of industry and the public interest to offset environmental impacts with innovative strategies that make good business sense." With the addition of Sustainnovation Consulting's comprehensive services, Meridian Assocs. enhances its portfolio to include energy strategy, efficiency, conservation, waste reduction and diversion, sustainability assessment and policy development, and frameworks for education and training.
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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