News: Construction Design & Engineering

Metro Walls completes 20,000 lbs. Greek Orthodox Church dome lift: project team includes Themeli Builders and Yervant Nahikian

Recently Metro Walls was hired by Themeli Builders to perform a large scope of work at St. Demetrio's Greek Orthodox Church. The project included light gauge steel framing, exterior sheathing, insulation, drywall and plaster. The architect for the project is Yervant Nahikian who has worked closely with the church to design a unique yet traditional place for the churches gatherings. In order for Metro to make Nahikian's design come to life, curved light gauge steel framing was used to build the main dome, which is a major focus of the design. On July 17 the domes structure was completed and raised to be placed 64 feet up in the center of the church. About 100 parishioners were present throughout the morning to witness the massive crane raise the 20,000 pound dome in the air and carefully place it in its position. The project will employee 20 Metro Walls employees and is expected to be complete in its entirety by November. Metro Walls sister company, Exterior Designs, was also hired on the project. Exterior Designs will be completing all of the EIFS cornice and other decorative shapes to help achieve the final look for the architect and church desire.
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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