News: Construction Design & Engineering

NB Development Group and HYM Investment Group break ground on Boston Bruins practice facility at Boston Landing

The Boston Bruins and the Boston Landing development team hosted an official groundbreaking ceremony for the new Bruins practice facility at 20 Guest St. Bruins principal Charlie Jacobs, Bruins president Cam Neely, mayor Marty Walsh, chairman of New Balance Jim Davis, managing director for NB Development Group Jim Halliday, and managing director for the HYM Investment Group Tom O'Brien participated in the ceremony. The new home practice and training complex for the Boston Bruins includes: 75,000 s/f of ice arena use and available for public skating and hockey; 175,000 s/f of office space and 12,000 s/f of retail space. The development of Boston Landing is a joint venture of NB Development Group LLC and the HYM Investment Group LLC. The project team includes Elkus Manfredi Architects, John Moriarty & Assoc., Transwestern|RBJ and CBRE/Grossman Realty Advisors. Boston Landing, a 15-acre parcel in the Allston-Brighton neighborhood, is where New Balance is building its 250,000 s/f world headquarters with a target date for a September 2015 move-in. Plans are in place for development of a hotel, a sports complex, residential units, public accessible open space and renovations to the South Parking Garage, improvements to local roadways and public transportation, including a new commuter rail station along the Framingham/Worcester line ending in South Station.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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