News: Construction Design & Engineering

Shawmut Design, CBT Architects and Barker Steel inducted into Mass. Building Congress Hall of Fame

The Massachusetts Building Congress (MBC) honored three 2010 MBC Hall of Fame inductees, Shawmut Design and Construction, CBT Architects, and Barker Steel, for the legacy contributions each has made to the building industry, clients and the community. The Hall of Fame induction ceremony was held during the MBC's annual dinner gala October 13 at the Seaport Hotel. Shawmut, CBT and Barker Steel join eight other MBC Hall of Fame companies inducted since the Hall was established in 2007: Walsh Brothers, Symmes Maini & McKee Associates, Partners Healthcare, S&F Concrete Construction, Bond Brothers, J.C. Cannistraro, Boston University, William A. Berry, Wentworth Institute of Technology and The Marr Companies. Mark David, MBC president and managing director of Jones Lang LaSalle, described the MBC Hall of Fame as "a place where we permanently recognize and honor the best in the industry for their innovation, consistent leadership, community responsibility and client service. These organizations provide ample inspiration for others to follow." MBC members include architects, engineers, construction managers, general contractors, subcontractors, owners/clients, professional service providers, labor unions, and professional/trade associations within the design and construction industry.
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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