News: Construction Design & Engineering

Shepley Bulfinch honored by American Institute of Architects selected for honors in diversity recognition program

Shepley Bulfinch has been selected for honors in the Diversity Recognition Program (DRP) of the American Institute of Architects (AIA) for its work in fostering a diverse culture in its practice. The firm, one of three to be so recognized, was be honored formally at the 2011 AIA National Convention in New Orleans. "This is such a tremendous honor for everyone at Shepley," said president Carole Wedge, FAIA, LEED AP. "It acknowledges the fulfillment of a vision and a commitment first made 25 years ago with a deliberate and ambitious series of policies and practices we've developed and implemented together as a firm." Wedge became the firm's first president in its 137-year history in 2004. A large percentage of Shepley Bulfinch's leaders today are women or minorities. Headquartered in Boston, the firm today has offices in Boston and Phoenix. Recognition in the DRP is the second major honor the firm has received as a practice from the AIA. Shepley Bulfinch received the AIA Architecture Firm award in 1973. Now in its third year, the program recognizes architects, AIA chapters, and others who are actively committed to increasing diversity and inclusion within the architecture profession. "The DRP celebrates the best practices by AIA members, components, schools and firms to diversify the architectural profession," said 2011 juror Clarence Kwan, AIA. "Hopefully others can learn from these examples and implement their own plans." Joining Shepley Bulfinch as 2011 honorees are Carol Kurth FAIA, of Bedford, N.Y.; and Dougherty & Dougherty Architects LLP of Costa Mesa, CA.
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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