News: Construction Design & Engineering

Summit Metal Fabrication provides services for $44.5 million MBTA parking garage

Summit Metal Fabricators (SMF) played a key role in the construction of a new five story, 714 space parking garage at the 253 Bridge St. MBTA commuter rail station. The Summit team provided the design, fabrication and installation of all of the structural steel and miscellaneous metals for the 245,000 s/f parking garage. Total project cost is $44.5 million. The SMF contract was $1.5 million. The general contractor is Consigli Construction Co., Inc. SMF also fabricated and installed two partially exposed stair towers with sloped curtain walls, dual elevator shafts and a pedestrian bridge with dual cantilever roofs. The elevator shafts and the pedestrian bridge were prefabricated at the Summit Fabrication shop in New Hampshire, transported to the MBTA station with final assembly and installation on site. Working closely with Fennick McCredie Architecture, the engineer on the project, the Summit team completed the project safely, on-time and on budget.
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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