What trends or shifts do you see shaping your industry this fall and into 2026? Boston’s skyline reflects a shift, fewer cranes and heightened competition for small to mid-sized projects as city firms expand into the suburbs. While Office and Life Science sectors have slowed, life science’s industrial modernization remains active, aided by a strong local economy. Smaller mixed-use residential work is growing near transit hubs under the MBTA Communities Act. Market challenges include cost volatility, labor shortages, tariffs, and high vacancies. Auburn finds continued success in Healthcare, Non-Profit, and Higher Education sectors.
What challenges or opportunities do you anticipate for your clients as the market heads into Q4? Economic uncertainty and high interest rates will likely delay major market shifts into 2026. However, opportunities may grow with expanded healthcare funding, downtown incentives promoting a “return to work,” and renewed investments in infrastructure and the community. These factors position the market for innovation, collaboration, and meaningful project opportunities ahead.