News: Construction Design & Engineering

Shawmut Design and Construction tops off Flanagan Campus Center at Wentworth Institute of Technology

Wentworth Institute of Technology, along with Shawmut Design and Construction, and Spagnolo Gisness & Associates, celebrated the topping off of the William H. Flanagan Campus Center, located adjacent to the Wentworth Quad, at 550 Huntington Ave. In attendance were Tom Goemaat, CEO of Shawmut, Al Spagnola, founding partner of the architectural firm SG&A, Wentworth president Zorica Panti, and student body president Annette Balestrand, who, along with students from Wentworth, signed a commemorative beam that was then hoisted into place as part of the new building. The Flanagan Campus Center project includes a 40,000 s/f renovation to the existing space and an 8,500 s/f addition. Construction began in May 2011 and is scheduled to be completed in August. It is named for Wentworth alumnus William H. Flanagan, Machine Construction & Tool Design Class of 1951. Shown (from left) are: Annette Balestrand, Wentworth student government president; Al Spagnola; Zorica Panti; and Tom Goemaat.
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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