What was your greatest professional accomplishment in 2014? - Michael Norman of Abbot Building Restoration
Our most notable project for 2014 was the restoration of the exterior façade of the Philips Library at the Peabody Essex Museum in historic Salem, Mass. The project consisted of repointing all of the brick masonry, removal and replacement of the ornamental brownstone above the first floor window sills using fabricated precast colored stone to match the brownstone, and historic restoration of the wood windows. The most significant feature of the project was the complete disassembly and replacement of the entrance portico. The deteriorated fluted columns and capitals were removed, matching columns and capitals were fabricated, new perimeter dental band stones were installed, and the portico was rebuilt to match the original.
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 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!
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 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