News: Construction Design & Engineering

Striving for excellence in construction

Even during the toughest of economic times, the members of ABC Massachusetts constantly strive for excellence in all they do. For our companies, excellence is not just an end goal; pursuing it every day is a way of life, as is exemplified by this year's Excellence in Construction Award (EICA) winners. We are proud to have 13 award winning projects that demonstrate the diversity, versatility, and craftsmanship of the merit shop contractors that make up our association. From public safety facilities, to veterinary isolation wards, to wind turbines atop Mount Wachusett, this year's award winning projects represent a wide spectrum of construction excellence. In an effort to recognize emerging talent in the area of sustainable construction, ABC will also be presenting three "ABC Green Awards" for the second year in a row to project teams who delivered expert craftsmanship that was also environmentally friendly and energy efficient. Despite the fact that the construction marketplace is not as strong as we would like it, it is incumbent on our industry to take a moment to stop and recognize the great work being done by the men and women of the merit shop community. This year's award winning projects will have posters displayed in the Design Gallery during the Build Boston exhibit at the Seaport World Trade Center. We urge you to take a moment and stop by to learn more about these projects as part of your Build Boston experience. Associated Builders & Contractors, Inc. will hold our official EICA Reception on November 18th at the Seaport World Trade Center. This year's reception will be sponsored by CTA Construction Co., Inc., the General Contractor on three of this year's award winners. You can register for our reception by visiting our homepage at www.abcma.org. Kyle Reagan is chairman and Greg Beeman is president of the ABC-Mass. Chapter, Burlington Greg Beeman President
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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