Economic Development
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Cornish tapped to convert Superman building to apartments
Cornish Associates has been hired to redevelop the Industrial Trust Tower at 111 Westminster St. in downtown Providence and turn the city’s tallest building into apartments. more
Carpionato plans parking lot for Fruit & Produce Warehouse land
Carpionato Group wants to turn the former Providence Fruit & Produce Warehouse property on Harris Avenue into a surface parking lot, according to an application with city officials. more
Report: R.I. must match skills to jobs
In order to turn around the economy, Rhode Island must reduce the overall cost of doing business, change public perception about the unfriendliness of its business climate and face the mismatch of talent with job needs, according to a report from the New England Economic Partnership. more
Report: Minimum wage bump will cost 200 jobs
By raising the state minimum wage from $7.40 to $7.75, the General Assembly will make it even more difficult for teenagers to find jobs, according to a new report from the Rhode Island Center for Freedom and Prosperity. more
| 6/18/12 | 2 comments
Mann resigns as Pawtucket Foundation executive director
(Updated, 5:35 p.m.) Thomas A. Mann Jr. has resigned as executive director of the Pawtucket Foundation, effective Oct. 12, the organization announced Tuesday. more
| 10/2/12 | 2 comments
Poor leadership has contributed to economic malaise
PBN: What is the No. 1 issue affecting Rhode Island and what would you do specifically to address it? more
By Victor Paul Alvarez
Contributing Writer | 10/29/12 | 2 comments
‘Superman’ owner seeks up to $75M in public financing
The owner of the Industrial Trust Tower in downtown Providence is asking for up to $75 million in public financing to transform the historic office building into apartments. more
Calls grow for national search for EDC director
The last time Rhode Island went national in its search for a chief economic-development executive, it offered an Arizona business consultant $250,000 per year, plus a car, to lead the state out of the financial crisis. more

By Patrick Anderson
PBN Staff Writer | 2/25/13 | 2 comments

EDC: America’s Cup economic impact tops $38M for R.I. businesses
(Corrected, 2:45 p.m.) The Ocean State is perfectly-positioned and well-prepared to host high-profile marine events based on the success of the America’s Cup races in Newport last summer, according to a report from the R.I. Economic Development Corporation. more
Three more EDC board members to step down
(Updated, Feb. 28, 11:45 a.m.) Three more members of the R.I. Economic Development Corporation Board of Directors have announced their intention to step down, bringing to eight the number who have left or asked off the board since last spring. more
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