News: Construction Design & Engineering

North Branch begins Phase III of Center Meeting House project

North Branch Construction, Inc. has begun Phase III of the restoration of the Center Meeting House. This phase will restore the bell tower steeple which was removed as part of Phase II of the construction. Once repairs are made, the steeple will be placed back on top of the roof. The building, constructed in 1832, is listed on the National Register of Historical Places, and in the past, has served as the town's primary venue for town meetings, religious services, cultural events and public gatherings. North Branch raised the building and replaced the foundation as part of Phase I in January 2007. Phase I of the project also included minor sitework associated with digging for the new foundation, as well as replacement of sills that had been damaged by rot over the years. Phase II, completed in 2008, included structural roof repairs, removal of the bell tower, re-roofing and flashing, miscellaneous trim and cladding restoration and selective exterior finishes. Phase III will be completed by the end of 2009. The committee is continuing with their fund raising efforts to enable the interior restoration and final exterior work to be completed at a later date.
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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