Economic Development
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DEM closes Rocky Point purchase from SBA
Thursday morning, the R.I. Department of Environmental Management completed the purchase of the remaining 82 acres of land at Rocky Point Park from the U.S. Small Business Administration. more
| 3/28/13
Global trade group offers public-private co-op program
(Updated, 3 p.m.) The International Council of Shopping Centers, or ICSC, is accepting registrations for an April 3 informal public-private sector networking event from 7:30 a.m. to noon at Agawam Hunt Club in Rumford, designed to foster economic regeneration. more
Taveras outlines economic development plan
At a press conference on Wednesday, Mayor Angel Taveras outlined a 20-step economic development action plan to “put Providence residents back to work and jump-start the economy of Rhode Island’s capital city.” more
| 3/27/13 | 1 comment
Report: R.I. flunks out of economic prosperity, twice
Rhode Island has seen little to no improvement in economic opportunity indexes from 2011, the R.I. Center for Freedom and Prosperity announced Thursday following the release of its 2012 Report Card On RI Competitiveness. more
Report: R.I., nation need infrastructure improvements
Rhode Island is a state with 87 high-hazard dams, 156 structurally deficient bridges and 6,401 public road miles - 70 percent of which are considered to be of poor or mediocre quality. more
Cape Wind secures financing for wind farm construction
Cape Wind, the company behind a planned 468-megawatt offshore wind farm in Nantucket Sound, announced today that it is one step closer to starting construction. more
| 3/19/13
Merlo, fast-growing companies to headline Chamber event
CVS Caremark Corp. President and CEO Larry Merlo has agreed to be the keynote speaker for the opening session of The Garage, the Greater Providence Chamber of Commerce’s May 14 event at the R.I. Convention Center designed to take the place of the more than two-decade old Business Expo. more
| 3/19/13
RIF funds 12 in Make It Happen initiative
The Rhode Island Foundation has awarded $630,000 to 12 action-oriented projects in the Make It Happen RI initiative. The foundation identified projects that had visionary goals, from connecting manufacturers to expand the in-state supply chain to pushing the spectrum of Ocean State architects and other designers more broadly into the global marketplace. more
Business leaders optimistic for state’s economic future
Business, government and education leaders leaned toward optimism for the future of Providence and the state of Rhode Island at the annual Economic Outlook Breakfast hosted by Sovereign Bank and the Greater Providence Chamber of Commerce at the Omni Providence Tuesday morning. more
Ribbon cutting debuts 83 new homes in Providence’s West End
Gov. Lincoln D. Chafee and U.S. Sens. Jack Reed and Sheldon Whitehouse joined Omni Development Corp., WinnDevelopment and Rhode Island Housing on Monday to celebrate the opening of 83 new or completely rebuilt rental homes in Providence’s West End. more
| 3/11/13
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