News: Construction Design & Engineering

Suffolk Construction named construction manager for $127 million 26-story residential tower: design by Elkus Manfredi, Perkins Eastman and Rode Architects

Suffolk Construction was selected to manage preconstruction and construction of the 120 Kingston St. project that borders Boston's Chinatown neighborhood and the Rose Fitzgerald Kennedy Greenway. Located on a tight urban site, the $127 million, 293,000 s/f residential tower will consist of 240 apartments ranging from studios to three-bedroom units. The 26-story tower will also feature 4,500 s/f of street-level retail space and three levels of above-grade parking. Suffolk recently broke ground on the 120 Kingston St. project, which is scheduled for completion in mid-2014. Triangular in shape, two sides of the building will be precast concrete while the third side will feature a unique convex glass window wall. The scope of the project also included demolition of the vacant Dainty Dot building on the 120 Kingston St. site. Suffolk is partnering with developers Forest City and Hudson Group North America, LLC and architect firms Elkus Manfredi Architects and Perkins Eastman for the exterior of the building and RODE Architects for the interior spaces. Shown (from left) are: David Teixeira, vice president of Suffolk; Tyson Reynoso, assistant superintendent of Suffolk; Keir Evans, assistant project manager of Suffolk; Dennis Crowe, assistant project manager of Suffolk; Dave Fenton, project executive of Suffolk; Angus Leary, COO of Suffolk; Jim McCoy, senior superintendent of Suffolk; and Eric Stalmon, safety manager of Suffolk.
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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