News: Construction Design & Engineering

Tighe & Bond wins CSCE'S ACE award for roadway improvement

The Connecticut Society of Civil Engineers (CSCE) presented Tighe & Bond with a 2014 Transportation Achievement in Civil Engineering (ACE) Award for roadway improvements associated with the development of Bridgeport Hospital's Park Ave. campus. Presentation of the award took place at the annual ACE Awards Program on May 13 at the Aqua Turf Club. The Bridgeport Hospital Park Ave. campus, which is under construction and part of the Yale-New Haven Health System, is a 100,000 s/f treatment facility that will provide regional care for patients. The roadway improvements - including the addition of a modern roundabout - will support the traffic generated by the Park Ave. campus, and address existing operational deficiencies along the Park Ave. intersections with the Merritt Pkwy. ramps (Exit 47) in Trumbull/Fairfield. Tighe & Bond's traffic and parking group conducted extensive traffic studies and developed concepts for review and approval by the three municipalities involved: Trumbull, Fairfield and Bridgeport. The Connecticut Department of Transportation (CTDOT), and the Office of State Traffic Administration (OSTA), also provided approvals. The ensuing design process involved a partnership with these municipalities and agencies to finalize a design that includes a modern roundabout at an expressway ramp terminus, only the second one in the State of Connecticut. (The first roundabout at a ramp terminus in New Haven was also designed by Tighe & Bond.) This partnership process allowed the design to proceed efficiently. Roadway construction for these improvements began in May, and is expected to be completed later this year. Tighe & Bond also will be involved throughout the construction phase, providing construction oversight and administration.
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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