News: Construction Design & Engineering

O'Connor Const. named CM for Wall Experiment Station project

O'Connor Constructors has begun construction management services for the Department of Capital Asset Management at the William X. Wall Experiment Station. This is a two-phase, $15 million renovation and expansion project performed while the building is occupied and operating. Phase one is to expand the historic 22,000 s/f facility with a 13,000 s/f addition. Phase two will encompass a complete renovation of the existing 22,000 s/f. The venture is a Leadership in Energy and Environmental Design (LEED) project. Green upgrades will include solar energy source, high efficiency HVAC system, rain gardens, installation of a 'green roof', and availability for plug-in hybrid parking spaces. The Wall Experiment Station was originally know as the Lawrence Experiment Station. The building sits on the banks of the Merrimack River where the concept of water testing was introduced in the mid-1800s. The renovations and expansion of this facility stand as a policy statement on the importance of environmental protection in the the state. As construction manager, O'Connor's preconstruction team is working with Perkins + Will, the project design team and DCAM Project Management to determine construction methods and products, pre-qualify trade contractors, define scope for the trades, and develop budgets and schedules. Construction begins this month and will be completed in 2010.
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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