News: Construction Design & Engineering

Prengaman of Vision 3 elected to RI Board of Examination and Registration of Architects

David Prengaman, AIA, LEED AP was elected as the new vice chairman of the Rhode Island Board of Examination and Registration of Architects. Prengaman is a principal at Vision 3 Architects, an award-winning architecture and interiors firm founded in 1987. During his 23 years in practice, Prengaman has designed, planned, and managed large-scale office, healthcare, commercial, residential, and institutional projects. Prengaman served as president of the American Institute of Architects' Rhode Island chapter in 1997 and was elected to their board of directors in 2007. He has served on the board of directors and committees for several local non-profit organizations, including St. Mary Academy-Bay View, East Bay Mental Health Center, and the Diocese of Providence. Prengaman received Bachelor of Architecture and Bachelor of Science degrees from Rensselaer Polytechnic Institute. The RI Board of Examination and Registration of Architects is one of four boards in the Division of Design Professionals within the Department of Business Regulation. This division regulates the registration of design firms and professionals. Its mission is to protect the public health, safety and welfare by registering qualified individuals and firms who provide services to consumers. The Boards of Registration provide fair and consistent enforcement of their underlying statutes and regulations. Vision 3 Architects is a 30-person architectural and interior design firm located in Providence, RI that offers creative design solutions to corporate office, education, and hospitality clients.
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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