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Pending home sales fall by most in year
The number of Americans signing contracts to buy previously owned homes fell in April by the most in a year, indicating the U.S. housing recovery remains uneven. more
Bloomberg News | 6/4/12
Mosaico’s brownfield cleanup gets $200K boost
Diana Campbell, executive director of the Mosaico Business & Community Development Corp. in Bristol, and Diane M. Williamson, director of community development for the town, are hopeful a $200,000 brownfield-cleanup grant will help ensure the firm’s site at the Bristol Industrial Park will soon be put to good use. more
Twin River: 18% gaming share adds up for R.I.
Do the numbers add up? Twin River says yes, after legislation introduced in the Statehouse last week outlined that Rhode Island would get 18 percent of the revenue table games there would generate if voters approve full-fledged gambling this November. more
Salve Regina expanding reach of continuing education
As dean of professional studies for Salve Regina University, Traci Warrington has spent the last two years planning for the school’s new continuing-education building, from deciding its location to final course selection. Her expertise in business, economics and marketing made her the ideal choice to head the project. Located in Warwick, the new facility will offer graduate and continuing-education courses that are always in demand. The 12,000-square-foot building is being rehabbed to fit the school’s needs and will replace a much smaller extension located at 175 Main St. in Pawtucket that will cease operations in August. more
Growing your network
The Providence Business News Executive Poll is a weekly survey of 70 business leaders throughout the state, representing small and large companies in a variety of industries. more
6/4/12
Improving health care access
The Rhode Island Foundation on May 30 awarded $1.8 million to seven organizations from its Fund for a Healthy Rhode Island. Winners were chosen for their focus on creating access to affordable, primary care for patients. The grants range from $100,000 to $375,000 over two or three years. Pictured from left are: Dr. Kathleen Hittner, senior vice president for community health and perioperative services, Lifespan; Providence Mayor Angel Taveras; Neil Steinberg, foundation president & CEO and Merrill Thomas, Providence Community Health Centers CEO. more
6/4/12
EDC role, leadership in doubt
When the R.I. Economic Development Corporation finally emerges from the turmoil surrounding its $75 million loan guarantee to Curt Schilling’s 38 Studios LLC, the quasi-state agency in charge of growing business activity in the state may be unrecognizable. more
City zoning set for a new generation
Providence’s former Jewelry District was physically reconnected to downtown last year when work crews demolished the old Interstate 195 highway overpass, but on city maps it remained isolated in zoning rules from another generation. more
Brown tight-lipped on district plans
When Richard Spies, executive vice president for planning at Brown University, came to College Hill a decade ago for the position that President Ruth Simmons, then one semester into her tenure, created for him, he didn’t know the role the two would end up playing in the creation of Providence’s so-called Knowledge District. more
Local startups land $1M from city, HUD
Twenty-three local startup companies received $50,000 in individual funding through an equity investment program supported by the U.S. Department of Housing and Urban Development, Providence Mayor Angel Taveras announced Thursday. more
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