New England’s longest-lasting growth run continues and 2019 will be a year of uncertainty. What are the disruptor’s this year?
A/E/C: Rising construction costs that we thought were baked into Boston’s market in 2018 are expected to trend upward and supplier margins will pressurize further due to trade wars on the international stage. CBRE notes higher import prices coupled with a surge in wages could lead to inflationary pressure in 2019. Labor forces are participating above national trends, think low unemployment and solid
West Bridgewater, MA Haynes Group, Inc. was recently recognized by the Construction Marketing Association (CMA) annual STAR Awards for marketing excellence in the construction industry. Haynes Group was the recipient of the 2018 SUPERSTAR/STAR Award for Employee Communications: Newsletter and Photography: Locations.
The Massachusetts Department of Environmental Protection (MassDEP) recently presented a summary of the proposed amendments to the Massachusetts Contingency Plan (MCP) regulations (310 CMR 40.0000) at a recent meeting of the Environmental Business Council (EBC) of New England. In this article we review the proposed amendments and discuss the potential impacts to the real estate industry and projects in Massachusetts.
The MCP is the set of regulations for the management of impacted soil and groundwater at sites that contain releases of oil and/or hazardous materials at regulated levels. These sites are defined in the MCP as “Disposal
South Boston, MA Caritas Communities, which for 33 years has been preventing homelessness by providing very low income individuals with perm...
Stonington, CT Ceruzzi Holdings LLC completed the purchase of four acres of land in conjunction with Readco, LLC.
In August 2018, Ceruzzi and Readco received approvals for the development of a 25,000 s/f medical office building for Hartford HealthCare at 350 Liberty St. (Rte. 2), near the R.I. border. Construction of the facility commenced in September 2018 and is expected to be completed this summer.
Bedford, MA Columbia Construction Company completed construction of the new headquarters for Boston MedFlight, the non-profit critical care medical transport provider. The 54,000 s/f facility, located on the civilian side of Hanscom Field, consolidates all functions under one roof
Boston, MA The Building Owners and Managers Association (BOMA) of Boston is excited to kick off the New Year with a roundtable program on Tuesday, January 15th. The event will focus on property management excellence, moderated by 2019 BOMA Boston president J. Scott Rickards, vice president of property management, Lincoln Property Company. The participating panelists are all local 2018 TOBY & Industry Award Winners:
Waltham, MA Not left out of the headquarter expansion game, TG Gallagher will be moving its headquarters from Cambridge to 309 Waverly Oaks in Waltham in the spring. A move that will consolidate the company under one roof and provide the necessary space to support the company’s rapid growth.
The on-demand economy we live in has conditioned people to expect to have what they want or need now. Rides, tools, labor, food, a place to stay...you name it and it can be “on the way.” Should owners, investors, and managers of commercial, office, and multi-unit residential properties have the same standard? Can commercial contractors meet or even approach an “on demand” expectation as we head into 2019?
Malden, MA An official ribbon cutting ceremony was held to celebrate the official opening of Residences at Malden Station 138, a $25 million...
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