News: Construction Design & Engineering

Shepley Bulfinch designs 167,000 s/f health and biomedical science center

Shepley Bulfinch has begun schematic design for the new Health and Biomedical Science Center for the University of Houston's College of Optometry. The 167,600 s/f research and patient eye care center will include an ambulatory surgical center, a laser center, specialized research laboratories, offices, seminar spaces, a new conference facility, and classrooms. The facility will be located adjacent to the J. Davis Armistead Building on the southern end of the university's main campus. Housing an integrated clinical, teaching, and research program, the new building will dovetail into the existing facility in the Armistead Building. The Health and Biomedical Science Center is scheduled to begin construction in October, with a projected completion date late in 2012. Shepley Bulfinch is the project's design architect, in association with Bailey Architects of Houston. The two firms worked together on the 2006 renovation of Fondren Library, the major research library for Rice University in Houston.
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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