News: Rhode Island

Shawmut Design and Construction to renovate three Brown University dormitory buildings

Shawmut Design and Construction has been awarded an extensive renovation involving three dormitory buildings at Brown University. The project will enhance the first-year experience of Brown students, and includes a top-to-bottom renovation of Metcalf and Miller Halls, which will be converted into double occupancy bedrooms. The connection between Metcalf and Miller Halls to Andrews Hall will be removed, creating three independent structures. Andrews Hall will also undergo an extensive renovation. Where possible, Shawmut will convert one, two and three student bedrooms into double occupancy rooms. Kitchenette and recycling closet space on each floor will be combined to create a common area lounge. The exterior of the buildings will also be restored. Shawmut has partnered with CBT Architects to complete this project. Metcalf, Miller, and Andrews Halls are located on the Pembroke Campus on Lloyd Ave. Construction is scheduled to begin in June, and will be completed by December. "Shawmut's ability to continually deliver important projects on time and on budget has forged our long-lasting relationship with Brown University," said Ron Simoneau, vice president of Shawmut. "We look forward to continuing this exciting partnership in 2012 and beyond."
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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