News: Connecticut

Viking Construction serving as general contractor for $4 million project

Renovation of the 1960s-era Quintard Manor senior housing, has official begun, with Viking Construction serving as general contractor for the $4 million project. Each of the 60 one-bedroom apartments in the six-story building, located at 18 Quintard Terrace, will be upgraded, refreshed, and made more energy-efficient. All building mechanicals will be updated, and all windows will be replaced. Additionally, improvements will be made to sidewalks, landscaping, and parking. The kitchen and baths in each apartment will be fully redone with new counters, flooring, fixtures and appliances, and six of the apartments will become fully handicapped accessible. Viking will begin working on vacant apartments first, which will become the new homes of current residents. The final apartments will be available for new tenants at the completion of the project, in early 2015. The building is owned by Charter Oak Communities (COC), formerly the Stamford Housing Authority, which provides attractive, affordable public-assisted homes. The COC works to replace aged, unsafe (and sometimes blighted) public housing with more appealing and welcoming communities. Viking Construction, Inc., is a family-owned company of craftsmen in all areas of construction. The company strongly believes in personal involvement, quality control, and sound financial management. Its award-winning portfolio includes historic renovations, wastewater treatment facilities, pharmaceutical plants, churches, schools, assisted living facilities, office buildings, industrial manufacturing plants and large-scale affordable housing projects throughout Connecticut and N.Y.
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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

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