News: Rhode Island
Posted: January 7, 2009
PK Rumford completes phase in the Rumford Center restoration
According to PK Rumford LLC, the next phase of the Rumford Center project is complete. The raising of the Blade Sign was completed on December 7th.
The sign was constructed in a 8 month process that began in April 8. Designed by Mary Lovezzola of Iris Messenger and fabricated by Metro Sign and Awning, the sign weighs a total of 1,800 pounds. It stands over 30 feet tall and 10 feet thick. Although traditional in design, at night the sign is illuminated by over 900 LED Module lights. The sign is an extruded aluminum frame with a steel support structure for mounting to the side of the building.
PK Rumford, developers of the project, is a partnership of the Peregrine Group and Kirkbrae Development Corp.
MORE FROM Rhode Island
Quick Hits
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Columns and Thought Leadership
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
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
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 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