News: Construction Design & Engineering

Preotle, Lane & Assoc.'s development of RiversEdge receives LEED

Preotle, Lane & Assoc. developer of RiversEdge, said that the first office building in the project has received recognition as a Leadership in Energy & Environmental Design Core & Shell (LEED-CS) from the U.S. Green Building Council (USGBC). RiversEdge is an inner suburban, master planned development in Medford, Malden and Everett. Phase I of the 30 acre mixed use development, when completed, will consist of 220 rental housing units, three office buildings with an aggregate of 410,000 s/f and a 10-acre riverfront park. The initial building will approximate 115,000 s/f on four levels sited to maximize river and park views with non-river exposures opening to a 2-acre landscaped plaza. A two-sided lobby will bring the outdoor landscape materials inside. Other features of the building, designed by the architectural firm Gensler, include efficient floor plates and core layouts with virtually column-free space as well as 7 ft. of continuous high performance vision glass for increased day lighting. "This project is about the transformation of a former brownfield site into a truly green environment," said Douglas Gensler, principal/managing director of Gensler. "We are pleased that the initial office building has received LEED pre-certification at the gold level by the USGBC and that it is currently on track to be the first LEED-CS gold project in the greater Boston area." Upon completion in 2009 and pending final documentation and review, the office buildings at RiversEdge would be in position to be among the first LEED certified office buildings in Greater Boston.
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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