Somersworth, NH North Branch Construction of Concord has completed the renovations to the Somersworth High School Career Technical Center (CTC). The project included a 53,000 s/f interior renovation of the existing Career Technical Center. The renovations will provide the CTC with a new cutting edge facility.
Program spaces that received renovations included the automotive lab, culinary kitchen, graphic design,
engineering, building trades, broadcasting studio, marketing, digital media, medical assisting, and administration offices. The removal of an area of the 2nd floor structure now allows space for a new central stairway.
A bulk of the work took place on a fast-track schedule during the school’s summer break. Design for the project is provided by Banwell Architects of Lebanon, N.H.
The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.
As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.