News: Spotlights

2020 Women in Construction: Annette Valdez, Assistant Project Manager at Shawmut Design and Construction

What was your greatest professional achievement or most notable project in the last 12 months? My most notable project in the last year is The Langham, Boston renovation, a historic hotel located in a building that was constructed in 1922. I was one of the estimators that helped win the project. Last summer, I transitioned to an assistant project manager role and have been working on-site on the hotel renovation since.

When I’m not working I am…Practicing yoga, cooking new recipes, discovering new places, and enjoying nature and art with my family.

What are you doing differently in 2020 that has had a positive impact on your career? This year, I’m not waiting for opportunities to come my way. Instead, I’m seeking new opportunities to help me grow and learn by getting out of my comfort zone and challenging myself. 

What trends are you seeing in your field this year? One trend I have noticed this year is labor shortage and the rising cost of materials due to the intensely busy and competitive market we are currently in.

Who or what inspired you to join the construction industry? I went to architecture school, but it was not until I had the opportunity to work in a design/build firm that I was inspired to transition over to the construction field. Seeing how a design goes from paper to reality is an amazing experience!

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