Rendering Courtesy Elkus Manfredi Proposed New Balance headquarters building (left) will anchor a 14-acre complex that will include a 175-room hotel (center). Athletic shoe manufacturer New Balance plans to build a 14-acre world headquarters complex featuring LEED-certified buildings in Boston's blighted Allston-Brighton area, located along the Massachusetts Turnpike. The proposed complex includes at least four office buildings, restaurants, a 175-room hotel and a sports complex with a 200-meter track-and-field facility, according to a master plan filed with the Boston Redevelopment Authority on March 21. The new 250,000-sq-ft headquarters building, designed in the shape of a running shoe, will not exceed 130
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.