News: Construction Design & Engineering

Nollet, Fletcher and St. Martin join The Richmond Group

Jeffrey Nollet, Matthew Fletcher, and Ryan St. Martin have joined The Richmond Group (TRG), a planning and construction management company specializing in the planning, program management, and construction of biotechnology, pharmaceutical, medical device, clean tech and clean room facilities. Nollet joins TRG as a project superintendent. With a background spanning 20 years, he has held the roles of field engineer, superintendent, mechanical superintendent and mechanical coordinator. Currently, he is overseeing the expansion of Proteostasis Therapeutics, Inc.'s campus in Cambridge for TRG. Prior to his new position, he supervised work for clients including Sirtris, ImmunoGen Inc., 215 First St./Shell & Core Lab conversion and the Clinical Center at Beth Israel Deaconess Medical Center. Fletcher has been hired as an assistant superintendent and is currently supporting TRG on the AstraZeneca Gaus project in Waltham. Previously, he helped oversee projects for clients such as Caritas Christi Carney Hospital, Caritas Christi St. Anne's Hospital, Caritas Christi Good Samaritan Medical Center, Beth Israel Deaconess Medical Center and Tufts University. Fletcher holds a Bachelor of Science degree in Small Business Management from the University of Vermont and an associate degree in Civil Technology & Construction Management from the University of N.H. As assistant superintendent, St. Martin will apply his background of civil engineering and construction management to the AstraZeneca Gaus project. Before joining TRG, St. Martin was a civil engineer for Boston's Zakim Bridge inspection and Tobin Bridge Rehabilitation projects. Other relevant project experience includes an office build-out for Cengage Learning in Boston and various renovation projects at Fenway Park. He is a graduate of Northeastern University and holds a Bachelor of Science degree in Civil Engineering. "Jeff, Matt and Ryan epitomize both the work ethic and background experience that we value at TRG," said Steve Carbonneau, president. "Our projects consist of complex, mission-critical facilities that enable our clients to pursue highly advanced initiatives, and we're excited to expand our field supervision team in support of these efforts."
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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