Updated July 7 at 9:26pm
Development
140 results total, viewing 1 - 10
The Procaccianti Group is seeking a 12-year tax stabilization agreement, including a three-year introductory period with no property taxes, to level the Fogarty Building downtown and construct a nine-story, extended-stay hotel. more
The city has begun reviewing a two-tiered proposal for standardized agreements for tax incentives in the Interstate 195 redevelopment district, including a 20-year phase-in of property taxes for five companies that propose projects of at least $50 million. more
The Rhode Island Mall has been sold to a Baltimore company with a history of revamping distressed retail properties. more
(Updated 3:41 p.m.) The Providence Journal building at 75 Fountain St. has been purchased by Nordblom Co. and Cornish Associates from A.H. Belo for $3.3 million. more
Proposed legislation to establish commercial tax guidelines within the Interstate 195 redevelopment corridor in Providence is unlikely to pass the General Assembly this session. more
(Updated 2:55 p.m.) The Tops Electrical Supply block downtown has been sold with eventual plans for mixed-use redevelopment, according to listing agent Peter M. Scotti & Associates Inc. Tops … more
YWCA Rhode Island has acquired the Nickerson Community Center in the Olneyville section of the city. more
The elements of a mixed-use and life-sciences project that could cover five acres of the former Interstate 195 land were revealed Monday in a public overview by the development team. more
A project that will convert a vacant office building downtown into rental apartments will come with assistance from a city tax stabilization agreement that defers full taxes for 10 years, under a plan approved Thursday by City Council’s finance committee. more
Providence has proposed two standardized tax incentive programs for development in the Interstate 195 corridor, including one that would defer full taxes for projects of at least $10 million for 13 years. more
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