News: Rhode Island

Two Roger Williams University construction management teams win ASC-AGC honors

More than a decade before Donald Trump and "The Apprentice" drew a national audience for a real estate career competition, the Associated General Contractors of America (AGC) and the Associated Schools of Construction (ASC) created an annual ASC-AGC National Student Competition for undergraduates studying construction, engineering and architecture at ASC-affiliated schools. Three teams of Roger Williams University construction management students prepared with their coaches to vie on project proposals in three divisions - heavy civil, design-build and commercial. The heavy civil and design-build teams, won first place in the Region I (Northeast) competition, held Nov. 9-10, in Fairfield, N.J. Winning division teams from seven geographic regions will compete in the 20th annual national student competition, scheduled in conjunction with the March 2008 national AGC conference in Las Vegas. The long-term shortage of qualified applicants for construction industry jobs is a major reason the AGC cosponsors the competition and the Rhode Island chapter of the Associated General Contractors (RIAGC) contributes to R.I. construction management teams from Roger Williams University. As part of its many workforce development initiatives, the RIAGC helps to support the Roger Williams teams by donating $3,000 each year toward their expenses.
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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