News: Construction Design & Engineering

UMass. Building Authority honors Sheridan for service as chairman

The UMass. Building Authority honored Robert Sheridan for his three terms as chairman of the board. New board chairman Philip Johnston, and current board members William Kennedy and Henry Thomas at the UMass. Club in Boston to thank Sheridan for his leadership and service joined UMass. president Robert Caret and UMBA executive director Katherine Craven. Among the guests who attended the dinner were UMass. Boston chancellor Keith Motley and UMass. Lowell chancellor Marty Meehan. During Sheridan's tenure as chairman, UMBA tripled its square footage to 11 million s/f, with $1.77 billion in construction activity currently underway on all five UMass. campuses. "Bob has been part of some of the most transformative construction projects since the school's inception," said Katherine Craven, UMBA executive director. "These projects took shape on all five campuses creating new research facilities, venture development centers and other buildings that strengthen the University's reputation as one of the top educational institutions in the country and a top economic development driver for the state." Major projects completed during Sheridan's tenure include: The Sherman Center in Worcester, a world class medical research facility and the largest construction project in school history; The Massachusetts Accelerator for Biomanufacturing (MAB) at UMass Dartmouth, the only facility in the United States where startups will be able to test their biomanufacturing methods and bioproducts at every stage of development and access. University Suites at UMass Lowell, the first new residence hall constructed on campus since 1989, representing a new model of campus housing in an all-suites building, and part of the school's long term goal to transition from a commuter school; and Lowell's Emerging Technology and Innovation Center (ETIC). Working with president Caret, the board of trustees and the board of directors, UMBA strives to deliver the most cost-effective, highest quality, sustainable construction of world-class buildings to support the mission of the University. Prior to serving as chairman, Sheridan was a board member for UMBA from 2002 through 2007 while also a member of the University of Mass. Board of Trustees. At various times during his tenure on the board of trustees, he also held the positions of vice chairman of the board, vice chairman of the administration and finance committee, chairman of the athletics committee and vice chairman of the Committee on Academics and Student Affairs. He also served on the 2003-2004 UMass president's search committee, the governance committee, the Worcester City Campus Corp., the UMass Amherst Chancellor Search Committee and the UMass Foundation Board and was chairman of the UMass Lowell Ice Hockey Task Force. Sheridan is also a member of the University of Mass. Foundation board.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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