Updated May 25 at 2:25pm
Economic Development
286 results total, viewing 61 - 70
Mayor Jorge O. Elorza unveiled a $716.8 million operating budget for the upcoming fiscal year Wednesday, a spending package that includes reductions in the commercial and residential tax rates, and an increased exemption for auto excise taxes, but which will most likely result in increased taxes for many property owners due to rising assessments. more
“Minority and small businesses in the urban core have generally found it difficult to access commercial loans,” said Lisa Ranglin, Rhode Island Black Business Association president. more
Development is finally starting to take a foothold in Providence and throughout the state after years of inactivity while just to our north, Boston has experienced one of the largest building booms in the city’s history. more
With a quick pace and little dissent, the Rhode Island House of Representatives approved a budget for the next fiscal year that includes almost everything proposed by first-year Gov. Gina M. Raimondo. more
A $50 million project for Pawtucket’s riverfront is being touted by the mayor as a “transformational proposal” with potential to drive future economic growth. more
The commercial real estate landscape continues to strengthen in Rhode Island, characterized by decreasing vacancy rates and increasing rents across several markets, according to CB Richard Ellis-New England executives, who presented its 2016 Outlook for New England Tuesday. more
The Providence Mayor’s Office on Friday confirmed a report that the Port of Providence would host at least a portion of Deepwater Wind LLC’s offshore wind turbine assembly work for its 30-megawatt Block Island project. more
The R.I. Commerce Corp. agreed to award $1.9 million in state incentives to the A.T. Cross Co. on Monday to keep one of Rhode Island’s oldest companies in the Ocean State and subsidize its planned relocation and expansion to Providence. more
The Providence Preservation Society this week released its annual list of the most endangered properties in the city and they include previous list mentions such as the Cranston Street Armory, Wedding Cake house and “Superman” building, as well as newcomers, such as four schools, the former Tops Electric Co. and Congregation of the Sons of Jacob. more
An Attleboro company that specializes in demographic analysis for retail locations will relocate to downtown Providence, bringing with it 28 jobs. The move will qualify for $500,000 in state Qualified Jobs Incentive Tax Credits, as approved Monday by the R.I. Commerce Corp. board. more
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