Development
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Jessup named interim director of Providence Preservation Society
Providence Preservation Society announced today that Karen Jessup has been named interim director of the citywide preservation organization. more
Capital Properties sees profits slip slightly in 2012
Capital Properties Inc. reported a 0.9 percent drop in profit to $2.01 million, or 31 cents per share, during 2012 compared with earnings of $2.03 million, or 31 cents per share, during 2011. more
| 3/12/13
Ribbon cutting debuts 83 new homes in Providence’s West End
Gov. Lincoln D. Chafee and U.S. Sens. Jack Reed and Sheldon Whitehouse joined Omni Development Corp., WinnDevelopment and Rhode Island Housing on Monday to celebrate the opening of 83 new or completely rebuilt rental homes in Providence’s West End. more
| 3/11/13
Picerne breaks ground in Ft. Meade
Picerne Military Housing, a division of Corvias Group, broke ground Wednesday in Fort Meade, Md., in the first-ever, public-private partnership to build on-post barracks with the U.S. Army. more
| 2/20/13
Work begins on most U.S. single-family homes in 4 years
Builders broke ground in January on the most U.S. single-family homes in more than four years and permits for future construction rose, an indication the industry’s momentum carried over into 2013. more
‘Superman’ bldg owner ‘bullish on Providence,’ considers many uses
The owner of the Industrial Trust Tower said he believes there is demand for new apartments downtown, but is not ruling out any mix of uses for the landmark known as the “Superman building.” more
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
Churchill & Banks, Hecht Development to pitch to I-195 Commission
Churchill & Banks Co. and Hecht Development will be the first two groups to pitch their ideas for the former Interstate-195 district in downtown Providence to the commission responsible for the land. more
Taveras taps Flores-Marzán as urban development director
Rubén Flores-Marzán, the former president of the planning board of the Commonwealth of Puerto Rico, has been named Providence’s planning and urban development director by Mayor Angel Taveras. more
REITs gain 26% ditching failing shopping malls: mortgages
Mall owners including Simon Property Group Inc. and General Growth Properties Inc., the biggest in the United States, are signaling they’re moving on from struggling retail centers as the economic rebound drives them to focus on the best-performing markets. more
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