News: Northern New England

Pro Con erects steel framing for Bowdoin's $20m Watson Arena

The steel framing is underway for the Watson Arena on the campus of Bowdoin. The 68,200 s/f ice arena is adjacent to the Farley Field House and will have a seating capacity for 1,900. Bear Mountain Design AC, LTD of VT. is the project architect and Pro Con Inc. of N.H. is the construction manager for the $20 million project. Plans call for the new facility to feature a 90' x 200' ice surface and locker rooms, equipment storage and athletic training facilities. The main concourse area and seating in the interior will provide views of the action on the ice. The arena has exposed steel trusses, masonry columns and wood accents through the facility. The arena will have a 360-space parking lot. The Watson Arena has been designed to have the best and most energy efficient refrigeration system and best de-humidification system, seating design and home team accommodations of any Division III collegiate arena. The arena will replace the college's existing Dayton Arena, which was built in 1956. Once the Watson Arena is completed, Bowdoin plans to dismantle the Dayton Arena. Pro Con began site work for the project in September and has scheduled a winter 2008 completion date.
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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