News: Rhode Island

Vision 3 Architects celebrates grand opening of 38,000 s/f community center

Child & Family (C&F) officially opened the doors on October 29th to their new, 38,000 s/f community center at 31 John Clarke Rd. C&F of Newport County is a non-profit organization dedicated to strengthening families and communities. It provides pre-school child care, counseling, home care for the elderly and disabled, substance abuse education, home-based child welfare, transitional housing for homeless mothers and their children, and workforce development. The demand for community-based services and programs have increased during the current economic downturn and the new 38,000 s/f facility will serve as a hub of important services and programs for children, teens, families and elders in Newport County and beyond. Designed to reduce overall energy consumption by 30% better than the energy code, the community center is the first project in Rhode Island to utilize National Grid's "Advanced Building Systems" program. It has earned a "Green Building of America" award from Real Estate & Construction Review. The facility was designed by Vision 3 Architects of Providence, and constructed by E.W. Burman Construction of Warwick.
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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