News: Construction Design & Engineering

UK Architects and ReArch Co. honored for historic preservation

21 Water St. at the Monadnock Mills was named an AIA-NH (American Institute of Architects - N.H. chapter) Excellence in Design Merit Award recipient as an example of historic preservation and urban redevelopment. Designed by UK Architects, who received the award, and built by construction manager ReArch Company, the project was restored to the US Park Service's Historic Preservation guidelines and utilized both Historic Preservation and New Market tax credits as part of its project financing. The developer was Sugar River Mills Redevelopment, LLC, which is owned and operated by John Illick, owner and operator of ReArch Co. and Technology Park in South Burlington. In addition to critical acclaim the project has been cited by governor John Lynch and senator Jeanne Shaheen as an outstanding reuse of an existing property and one that will act as the centerpiece of the city's ongoing downtown revitalization efforts.
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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