Name of Company: Pennoni Associates Inc.
Location: 100 Burtt Rd, Suite 120, Andover, Ma 01810
Services: Environmental engineering, storage tank services, civil/site design, transportation engineering, municipal engineering, inspections and testing services, building systems engineering
Year founded: 1966
Founder: Charles Pennoni
Recent accomplishments: Pennoni Associates Inc. was recognized by the ACEC of Mass. for its contributions to the 2008 Silver Award Winner Brownfields Redevelopment Project of the Home Depot Site in Chelsea, Mass. for the ACEC Mass. Engineering Excellence Awards. Â Pennoni provided The Home Depot with key environmental services instrumental to the redevelopment of a run-down contaminated parcel. Â From initial site investigation through construction of the new retail building, the work was performed to meet the project's regulatory, engineering, and community needs. Pennoni has been designated by the Mass. State Fire Marshal's office as an authorized representative to perform the recently required Third Party Tank Testing inspections.
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 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!
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 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