(Updated, 4:15 p.m.)
Developer Richard Baccari II said Monday that his proposal for a mixed-use building on a parcel of East Side former Interstate 195 land has received a preliminary endorsement from the I-195 Redevelopment District Commission.
(Updated, 5:15 p.m.)
Cornish Associates LP has added to its Westminster Street portfolio again.
The Providence firm responsible for much of the residential redevelopment of downtown has purchased the historic Lapham Building for $2.7 million, director of development Steve Durkee confirmed Monday.
Rhode Island’s economic outlook improved over the last year, but “significant uncertainties and challenges” continue to face the Ocean State, according to a report from the New England Economic Partnership.
Rhode Island’s jobless rate remained the highest in New England and the third highest in the nation in October at 7.4 percent, according to information from the federal Bureau of Labor Statistics.