From the moment he arrived as Providence’s economic-development director, James Bennett said that he wanted the Capital City to be the fastest-permitting municipality in the country.
That goal was music to the ears of the business community, frustrated for years by a bureaucratic labyrinth that slowed economic development to a crawl.
Mr. Bennett has had other things on his plate since he took office last summer, but now he has turned his focus to this issue - and that can only be a good thing.
He has appointed a committee, to be chaired by the city’s director of administration, Michael D’Amico, to identify the changes needed to help the permitting process become a competitive advantage, not a hindrance.
Mr. Bennett expects that by summer, all the pertinent personnel will be located in one place, at 444 Westminster St. downtown. That is a good first step.
The next step, and the much more difficult one, will be getting all parts of the city’s bureaucracy on board with what Mayor Angel Taveras and Mr. Bennett want to accomplish. Good luck with that. •
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.