News: Construction Design & Engineering

PROCON completes renovation of 80,000 s/f Ashworth-by-the-Sea Hotel

Ashworth-by-the-Sea hotel has occupied a corner of Ocean Blvd. in Hampton Beach for 100-years. The hotel recently underwent a series of renovations, with the latest beginning in January 2015 and was completed in advance of the summer season. PROCON was the architect and construction manager for the renovations. The property is owned by XSS Hotels and is being managed by Colwen Hotels. The 80,000 s/f hotel has been refreshed to blend in modern updates, while retaining its historic appeal. The newly renovated lobby space features a contemporary design with fresh color schemes and artwork. New seating allows guests to enjoy beach views through a new glass wall. The front entrance was relocated and outfitted with automatic glass doors for better guest accessibility. Tech-savvy travelers can stay connected in the newly added 24-hour business center, which includes two computers, printer and complimentary WiFi service. The public bathrooms were also upgraded with modern elements. Additionally, guests can now enjoy the convenience of a new 24-hour market for sundries. The hotel features many additional travel-friendly amenities including a heated pool and fitness room. 6,000 s/f of private function/meeting spaces are a venue for weddings, corporate retreats, or social gatherings. The hotel also has two onsite restaurants with oceanfront views. The 107-room Ashworth is the only full-service oceanfront hotel in Hampton Beach. It offers double queen or single king accommodations, and seven executive junior suites. Summer vacationers may also take advantage of the nautical-themed Ashworth Summer Cottage, that is near the beach and sleeps six.
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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