Updated October 25 at 3:25pm
Economic Development
304 results total, viewing 81 - 90
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
Despite lagging growth, a new law awaiting gubernatorial approval would extend the state’s renewable energy target to 38.5 percent by 2035. 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
Paypal Holdings Inc., one of the world’s largest online payment companies, is considering to move its operations center to Rhode Island, according to a report today by WPRI-TV CBS 12. 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 R.I. House of Representatives will consider a nearly $9 billion budget later today, one that in its current form could dramatically increase the scale of state economic development incentives used for specific projects. 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
Three new incentive programs were launched Friday by officials to improve streetscapes in central business districts, provide tax stabilization incentives, and give tax credits to Rhode Island companies that play a role in persuading a supplier or customer to relocate to the Ocean State and create at least 10 new jobs. more
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