News: Construction Design & Engineering

Simon selects ODA Architecture for interior of Copley Residences: $500 million project to transform Copley Place into mixed-use

Simon has named ODA Architecture to design all the interiors, amenities and public spaces for the Copley Place residential development project at the intersection of the South End and Back Bay. Simon's $500 million project will transform the Copley Place into a mixed-use development with one of the tallest residential buildings in the Back Bay, rising 625 feet. The development plan, approved by the Boston Redevelopment Authority in late 2013, includes luxury condominiums and rental apartments, plus 115,000 s/f of new and expanded retail and restaurant space, and an all-season glass enclosed atrium. Elkus-Manfredi Architects is the lead architectural firm for the master planning, exterior design of the residential tower, the atrium and all of the expanded retail and restaurant space. Plans for a spring 2015 groundbreaking are on track. After an extensive search, ODA emerged as the clear choice for Simon to create a differentiated residential experience for Boston's Back Bay, due to their formidable experience in both architecture and interior design services for hospitality, luxury residential, cultural and commercial projects, as well as their uniquely holistic, respectful and creatively pragmatic design approach. "We were looking for a rising star in the design world that could deliver a new definition of interior luxury for this iconic building," said Gaylon Melton, vice president of design for Simon. "We are excited about the unprecedented opportunity at Copley Place to forge a connection between top retail and top residential experiences, and we believe ODA is key to bringing a whole new luxury lifestyle to Boston." "ODA is honored to be engaged on this important project, which is our first in the Boston area," said Eran Chen, founder and executive director of ODA. "We look forward to the potential of this project to supersede the boundaries of different uses, experiences and architectural styles, combining the strengths of each into a project that elevates the quality of life in this important and historic part of Boston."
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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