News: Construction Design & Engineering

Vieira joins Shepley Bulfinch as principal

Mario Vieira AIA, has joined Shepley Bulfinch as a principal. In announcing the appointment, Shepley Bulfinch president Carole Wedge said, "This is a great match for Shepley. Mario is a trusted architect and advisor for community hospital leaders - something he's forged with his passion, his personal commitment, and his ability to listen and to guide them through the complex planning, design, and approval process." With 25 years as a healthcare architect, Vieira has worked with community hospital clients up and down the East Coast, including a master plan and award-winning patient care tower for Cape Cod Hospital; inpatient and ambulatory projects for Saint Francis Hospital (Hartford); and the Southcoast Hospitals Group. He recently led the planning and design of a series of hospitals in Papua New Guinea. "There has never been a more important time for healthcare design," said Vieira. "In the world of healthcare, resources are precious and healthcare facilities are getting more and more sophisticated. Master planning and design have a powerful impact not only on managing capital costs, but also on providing an efficient operational model." Vieira is a member of the American Institute of Architects, the Boston Society of Architects, and the New England Society for Healthcare Strategy, and is a registered architect in Massachusetts. He holds a Bachelor of Architecture degree from Boston Architectural College.
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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