News: Construction Design & Engineering

Seven Universal Window projects earn 2015 Paul Tsongas Award by Preservation Massachusetts

Universal Window and Door provided windows for seven of the historic restoration projects honored with the 2015 Paul E. Tsongas Award by Preservation Massachusetts. The honorees were feted at the Fairmont Copley Plaza Hotel, at a dinner "celebrating the culmination of many years of hard work, investment, vision, and collaboration (to deliver) the completed and restored building," according to Preservation Massachusetts. Universal supplied windows that allowed nearly a quarter of the 30 honorees to restore the historic character of the original buildings to their projects, including: Ames Shovel Works, a 19th century industrial complex consisting of seven granite buildings constructed between 1852 and 1885 that were converted into 113 apartments; Lowell Community Health Center in Lowell, which was transformed from a pair of late 18th century buildings into a 100,000 s/f medical facility; Washington Park in Roxbury, an eight-building, 96-unit apartment community originally constructed in 1928; The Rice Silk Mill Apartments in Pittsfield, built in 1874 and converted into 45 mixed-income units; 110 Canal St. of the Hamilton Canal District in Lowell, a former textile manufacturing plant built in 1920 and redeveloped into 55,000 s/f of office space; Ames Privilege Apartments in Chicopee, a former Civil War foundry that made swords and cannons that was converted into 134 apartment units; and the former Boston Printing Press Building & Boston Police Station No. 1 in Boston's North End, that were re-imagined as the 65,000 s/f North Bennett St. School. "Being a part of so many projects that were recognized by Preservation Massachusetts is a tremendous source of pride for our employees as well as a testament to our growing reputation among developers and construction firms as the go-to window manufacturer for historic renovation projects," said Tony Muraco, president & CEO of Universal Window and Door.
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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