News: Construction Design & Engineering

North Branch const. manager for 13,500 s/f Rodgers Memorial Library

Roof trusses have been put in place for the new George and Ella Rodgers Memorial Library. The new 13,500 s/f facility is being built by construction manager North Branch Construction, Inc. and was designed by Adams and Smith LLC. The funding for the project was donated by Phillip and Alvin Rodgers in honor of their parents George and Ella Rodgers, long time residents of the town. The new building consists of a structural steel frame with wood trusses. The exterior of the building will feature a stone veneer which was incorporated into the design to carry the look of the fieldstone exterior on the old library to the new. Construction of the $3.7 million library will be completed in the early spring. North Branch was also the construction manager for the award winning, $7.8 million, Silver Level LEED Certified Portsmouth (NH) Public Library.
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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