News: Connecticut
Posted: May 15, 2008
Shawmut Design and Construction opens in New Haven
Shawmut Design and Construction, a leading national construction management firm, has opened operations in New Haven. The opening continues Shawmut's strong growth at the national level and highlights the momentum the company is experiencing in New England, where it has in recent years completed a variety of projects in the academic sector.
Headquartered in Boston, Shawmut now has offices in six locations, including New York City, Providence, R.I., Atlantic City, N.J., Las Vegas, and New Haven and has more than 800 employees. Shawmut's presence in Connecticut has also grown, with the firm recently completing the construction of Yale University's Sculpture Building project in New Haven. This challenging project consisted of the ground-up construction of the 55,000 s/f sculpture building, 3,000 s/f gallery, and 134,000 s/f parking garage, with the project earning LEED Platinum certification.
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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
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
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 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