Construction
108 results total, viewing 71 - 80
Purchases of new U.S. homes rose in April for the first time in three months as buyers took advantage of falling mortgage rates. more
Confidence among U.S. homebuilders rose more than forecast in July, reaching the highest level in six months, as growing payrolls brightened the outlook after a shaky first half. more
Spending on non-residential construction in the U.S. will be less than initially projected as state and local governments scale back investments in such properties as schools and health care buildings, the American Institute of Architects said. more
Home construction rebounded in July and the cost of living rose at a slower pace, showing a strengthening U.S. economy has yet to generate a sustained pickup in inflation. more
PROVIDENCE – The Providence Biltmore Hotel announced this month that it has completed guest-room renovations designed to bring back the “authentic character of the hotel” while also adding the most desirable contemporary amenities. more
BARRINGTON – St. Andrew’s School has refinanced more than $16 million in bonds with RBS Citizens Financial Group, allowing the school to pursue construction projects while improving cash flow. more
Nearly a year ago High Rock Development proposed a mixed, commercial/residential redevelopment of 111 Westminster Street in Providence, using up to $75 million in public support. The latter ranged from state and federal historic rehabilitation tax credits to city property tax breaks and $39 million in direct state subsidies. more
In Middletown, the owners of Atlantic Beach Hospitality Group have resurrected plans suspended during the recession to replace the Knights Inn motel on Aquidneck Avenue with a higher-end, 198-room hotel. more
Three years ago, the Rhode Island chapter of the Associated Builders and Contractors Inc. spent nine months getting permit approvals for a small, $30,000 office renovation in Pawtucket that its president says should have taken a month. more
Recently there has been much discussion about the various means of public support for private historic rehabilitation and other construction projects. There has been criticism, some of it justified, of specific instances of the use of government tools – such as tax-stabilization acts – for promotion of economic activity. While this type of review is always healthy, there is a distinct danger that the larger picture will be missed. more
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