News: Construction Design & Engineering

Suffolk Const. completes 90,000 s/f residence hall for Suffolk Univ.

Suffolk Construction joined mayor Thomas Menino, Suffolk University officials and members of the project team to celebrate the opening of Suffolk University's newest residence hall at 10 West St. The grand opening came just six short months after Suffolk's team began the extensive renovation. Suffolk's Education group was the ideal team to complete a project of this complexity on such an aggressive schedule. The team's ability to successfully fast track the project allowed the university to immediately accommodate 274 students in need of campus housing. The residence hall occupies two buildings in Downtown Crossing that once housed condominiums. Suffolk's team connected the adjoining buildings and converted 73 units into four- and six-bedroom student residences. The conversion involved construction of new floor plan layouts, MEP modifications and all new finishes. Designed by CBT Architects, the seven-story, 90,000 s/f residence hall is targeted to achieve LEED Silver Certification through enhanced indoor environmental quality, innovative design techniques, and by utilizing recycled and renewable materials. Suffolk University's residence hall is just the latest project that Suffolk's Education group has completed in the higher education sector. The team is currently underway on projects for Brown University, Emerson College and Northeastern University, among others.
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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