Suffolk Const. Co. awarded contract at Sheraton Hotel
Suffolk Construction Company, Inc., has been awarded a contract to completely renovate guest rooms, suites, and guest corridors on 24 floors of the North Tower at the Sheraton Boston Hotel. The soft goods and case goods renovation will include all new furniture, fixtures and textiles; carpeting; and wall coverings. Suffolk will also renovate the hotel's Club (concierge) Lounge. Tight scheduling and sequencing will be required to complete this project successfully, since the project team will be working on several floors simultaneously throughout the duration of work.
Suffolk expects construction to begin in January with completion scheduled for July 2009.
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 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!
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 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