Economic Development
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Westminster Street parking lot opens
The empty lot created by the demolition of the former Providence National Bank in the Financial District in anticipation of a condominium tower that never materialized has opened as a parking lot. more
| 7/6/12
Providence Chamber meeting focuses on solutions for small business
Poor unemployment figures and stumbling markets have made it difficult to stay in business in Rhode Island’s private sector, which is why the Greater Providence Chamber of Commerce hosted a brainstorming session with developers, marketing experts, entrepreneurs and academia members. more
Davisville dredging project kicks off
Gov. Lincoln D. Chafee and House Speaker Gordon D. Fox joined the R.I. Economic Development Corporation and the Quonset Development Corporation to kick off a dredging project at the Port of Davisville on Thursday. more
| 10/26/12
Taveras: Providence is ‘recovering’
When Providence Mayor Angel Taveras delivered his State of the City Address this time last year, the city was $22 million short of closing a $110 million structural deficit, and it needed to find a … more
Collaboration crucial to boosting workforce skills
Dominique Fernandez’s life could have been very different. more
Six-month export growth benefits R.I. companies
Rhode Island merchandise exports increased 9 percent during the first half of 2012 compared with the same period in 2011, growing from $1.1 billion to $1.2 billion, according to data released by the International Trade Administration. more
| 8/27/12
SBANE: Only transformative change can save R.I. economy
The keys to turning around Rhode Island’s economy are new ideas and workable solutions, according to a report released by the Rhode Island chapter of the Small Business Association of New England. more
| 9/20/12
Housing market recovery helping bolster U.S. expansion
Sales of previously owned homes and work on single-family projects climbed in August to the highest levels in two years, signaling the residential real-estate market is contributing to U.S. economic recovery. more
Port tenants question QDC choice to run terminal
The choice of Rhode Island Port Services as the new terminal operator for the port of Davisville in North Kingstown has two of the biggest existing companies there, Seafreeze Ltd. and Rhody Transportation & Warehousing Inc., questioning how the agency managing port operations handled the search. more

By Michael Souza
PBN Staff Writer | 10/1/12

Capital is in line for next-gen rail
When Boston venture-capital firm Braemar Energy Ventures was deciding where to relocate a West Coast smart-grid company it had just purchased, high-speed and commuter train service helped give Providence an edge. more
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