News: Green Buildings

The Mass. Wind Recovery Siting Reform Act of 2009

The recently introduced Wind Energy Siting Reform Act of 2009 in the Massachusetts Legislature is aimed at providing incentives for the development of on-land wind power and other energy efficient sources. The bill is designed to encourage the development of clean, renewable, electric generating plants and ancillary facilities powered by wind; ensure siting occurs in appropriate locations based on clear, predictable, environmentally protective standards; streamline the permitting process; and reduce delays associated with appeals of such permits. The expedited permitting process currently available to larger facilities, 100 or more megawatts (MW), is proposed in the bill to enable smaller facilities, including wind-power land-based facilities that generate 2 or more MW, to access a faster streamlined permit-process as well. The legislation uses some of the concepts found in other development and permitting laws, such as G.L. c. 40B (comprehensive permits), and 43D (permit streamlining), by providing options for faster approval. No doubt much debate will ensue before the legislation becomes law. Susan Bernstein, attorney at law, Needham, Mass.
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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