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
It’s been only a few weeks since the Arcade reopened in downtown Providence and already shopkeepers in the newly renovated 1828 landmark are developing a camaraderie unusual among mall tenants. more
The Downtown Providence Parks Conservancy has secured a $395,000 grant from the Champlin Foundations to create a public walkway between Kennedy Plaza and the city’s train station, The Providence Foundation announced Tuesday. more
The R.I. Division of Taxation on Monday identified the first three projects to sign contracts under the state’s revived historic preservation tax credit program. more
Direct spending on commercial real estate development in Rhode Island in 2012 ranked among the lowest in the country, according to a report by the Commercial Real Estate Development Association Research Foundation released Oct. 7. more
Lincoln D. Chafee has been a Republican, an independent and, for the past few months, a Democrat, along the winding political trail that’s taken him from mayor of Warwick to U.S. senator and, for the last three years, governor. more
The owners of the Rhode Island Mall have sold the Wal-Mart and Kohl’s properties to an undisclosed buyer for $33.35 million. more
Rhode Island officials are poised to make two of the largest investments in downtown Providence parking and mass-transit infrastructure in years. more
Three real estate developers have responded to a city request for qualifications to find a credible partner to work with on the redevelopment of the 7.4-acre vacant lot at 45 Division St. south of the new Pawtucket River Bridge. more
The Arcade Providence’s first microloft tenants moved in on New Year’s Eve, almost two years after owner Evan Granoff announced his $7 million plan to renovate the historic building known as one of the country’s first indoor shopping malls. more
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