By PBN Staff
Providence Mayor Angel Taveras outlined a 20-step economic development plan last week designed to “jump-start the economy of Rhode Island’s capital city.”
The plan includes five major points – freeze the commercial tax rate, fix the city’s permitting process, remove barriers to redevelopment, develop surface lots citywide and reinvent Kennedy Plaza.
The mayor also announced a marketing campaign calling on visitors to visit the city’s cultural attractions, restaurants and shops.
The issue isn’t so much whether the city needs something to generate greater economic vitality. Rather, it's about whether this package is robust enough to move the needle.