Development
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Economic development and the celebrated successes of local businesses topped the list of most-read stories on PBN.com in 2013. Three of the top six stories were the announcements of winners in Providence Business News’ annual Rhode Island’s Best Places to Work, 40 Under Forty and Fastest-Growing & Innovative Companies awards. more
Paolino Properties has purchased a package of three high-profile properties in Providence’s Financial District for $60 million, the company announced Wednesday. more
Paolino Properties has acquired the former Cherry & Webb department store building at 275 Westminster St. downtown, the Providence real estate firm announced Thursday. more
Cumberland pet food distributor Pet Food Experts Inc. has reached an agreement with the city to buy a building on Main Street in downtown Pawtucket and move its corporate offices there. more
To the Editor: In a recent article (“Allens Avenue bizs move to keep out mixed use,” May 26, 2014), Providence Business News reported that Allens Avenue business owners were against mixed-use development along the Allens Avenue waterfront. more
City Council President Michael Solomon Thursday proposed a new system for awarding property tax treaties for major land developments that does not include mayoral or council approval. more
Wright-Pierce, a water, wastewater and infrastructure engineering firm serving the New England market, has appointed John W. Braccio to succeed William E. Brown as president and CEO effective July 1. more
The Committee on City Property tentatively approved the sale of an 8.5-acre parcel to Rhode Island College for $250,000, but the property first needs to go out to bid, according to the City Clerk’s office. more
The R.I. Division of Taxation has approved Mosaico Business & Community Development Corp.’s restoration of the Bristol Industrial Park as the latest project to receive historic preservation tax credits. more
As part of the Providence’s recent zoning code revision, Mayor Angel Taveras said Wednesday the city will create a new Historic Landmarks District to aid preservation of historic properties that reflect the city’s cultural and architectural history. more
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