News: Green Buildings

NESEA offers $10,000 cash prize for the best net-zero energy building

To spur the market for regional zero-energy buildings, the Northeast Sustainable Energy Association (NESEA) is offering an annual $10,000 cash prize for the best building that can document net-zero energy use while offering a high level of comfort, affordability and reliability.   The intent of this award is to encourage efficient, elegant, self-reliant buildings and patterns of occupancy by honoring demonstrated achievement of zero annual net energy. The zero energy target is easily defined, readily understood and is measurable — and it has captured the public imagination in a way that more abstract concepts of energy efficiency and building performance never have. Entries are due to NESEA by January 15 each year. Specific submission requirements are listed on NESEA's Zero-Energy Building website http://zeroenergybuilding.org Candidate buildings must meet two overriding criteria. First, buildings must be fully occupied and document net-zero energy use for one year. Second, the entry will be judged on the basis of several design attributes, including energy efficiency and energy management strategies, comfort and cost that make the building a model for present and future markets. Zero-energy buildings--buildings that produce as much energy as they consume--represent the cutting edge of environmentally responsible construction. These buildings require state-of-the-art energy-efficient construction and renewable energy systems such as solar and wind, and are challenging to design and build. They offer comfort and amenities while reducing the building's impact on the environment. The competition is open to occupied buildings in the Northeast—the six New England states plus New York, New Jersey, Pennsylvania, Delaware and Maryland. Winners will be announced at NESEA's Building Energy Conference and Trade Show in March in Boston every year. A "zero energy building" is one that generates enough renewable energy on-site to equal or exceed its annual energy use. While many aspects of a building's environmental impact are important, such as embodied energy, air quality and use of resources, this competition focuses on the energy required to operate buildings in the northeastern climate. Entries will be judged by a panel of distinguished experts in the fields of sustainable building and renewable energy.
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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