Development
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DOT to begin Washington Bridge work, bikeway closed for 2 years
PROVIDENCE – The R.I. Department of Transportation is starting the construction of a new linear park and bikeway over the Washington Bridge between Providence and East Providence. more
| 7/5/12
Cape Wind begins offshore survey operations
The Cape Wind project has begun a geotechnical and geophysical survey operation on Horseshoe Shoal in Nantucket Sound, the company announced Thursday. more
Missed opportunity on credits
Cornish Associates President and CEO Arnold “Buff” Chase said his company has five historic Providence buildings lined up to buy and restore once Rhode Island brings back its historic tax credit program. more
Arcade coming back to life
Thanks to an estimated $2 million in state historic-preservation tax credits, the Arcade is being repurposed for a retail-residential use. Frank Angevine of Built Inc. cuts plastic sheeting in the 19th-century landmark, but the lack of action by the General Assembly in renewing the tax-credit program makes it unlikely that more projects will be undertaken soon. See Page 12 for more. more
7/2/12
Construction jobs decline in Providence metro, across U.S.
Year over year in May, construction employment declined in 164 out of 337 metro areas, including the Providence-Fall River-Warwick metro, according to data released Tuesday by the Associated General Contractors of America. more
| 6/26/12
EDC approves bonds for I-195 land, dredging project
The R.I. Economic Development Corporation Monday night approved issuing bonds to buy the former Interstate 195 land in Providence and dredge the channel leading to the Port of Davisville in North Kingstown. more
Providence Viaduct improvements to get federal funding
PROVIDENCE – Rhode Island’s congressional delegation last week announced that the state will receive federal funding to help replace the aging Providence Viaduct, a critical part of Interstate 95. more
6/25/12
Luxury student housing seen as rare growth market
The cinder-block dormitories and cramped, scruffy, off-campus apartments familiar to generations of college students are under attack. more
Behind the scenes in real estate
Resource Control Associates Inc. owner Robert C. Atwood, pictured above in his office, thinks of his firm as “a land-development company.” The 26-year-old Pawtucket business has groups of advisers focused on civil-engineering, environmental assessment and remediation and forensic engineering. Consulting services include insurance-claim investigations. Atwood often provides expert testimony. The firm has worked for more than 50 municipalities and public authorities throughout Rhode Island and Massachusetts, as well as several hundred private clients. more
6/25/12
Thayer Street apartment project redesigned
Union Studio architects have redesigned Gilbane Development Co.’s proposed 102-unit luxury student apartment building on Thayer Street in response to neighborhood complaints that the original plan was “massive” and “monotonous.” more
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