Patrick Anderson, Author at Providence Business News

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SINGLE-FAMILY HOME PRICES in the Providence-Fall River-New Bedford metro area rose 7.5 percent in September, included foreclosures and short sales, according to the CoreLogic Home Price Index released Tuesday. The metro area figure compares with a 8 percent increase in Rhode Island statewide home prices and an 11.7 percent rise in Massachusetts home prices. / COURTESY CORELOGIC

Metro-area home price growth in Sept. lags R.I., Mass.

Economic Activity 11/05/2013

PROVIDENCE – Single-family home prices in the Providence-Fall River-New Bedford metro area rose 7.5 percent in September compared with the same period in 2012,...

MICHAEL INTEGLIA & CO. has purchases the Elizabeth Mill Building, part of the Leviton complex at 745 Jefferson Blvd. in Warwick. Dean Warehousing Services announced that it had purchased a warehouse and 32 acres that are part of the property as well. / COURTESY GOOGLE MAPS

Integlia & Co. purchases Leviton building with plans to redevelop

Economic Activity 11/01/2013

(Updated, 5:30 p.m.) WARWICK – Michael Integlia & Co. has purchased the Elizabeth Mill Building, part of the former Leviton property on Jefferson Boulevard, and...

SALES OF SINGLE-FAMILY homes in Rhode Island rose 16 percent in September compared with the same period a year earlier, the Rhode Island Association of Realtors said Thursday. A total of 773 homes sold in September, up from 668 sales in September 2012, but the Realtors expect to see sales activity slow in the months ahead. / BLOOMBERG FILE PHOTO/JACOB KEPLER

R.I. home sales still strong in Sept., but expected to slow

Economic Activity 10/31/2013

PROVIDENCE – Rhode Island single-family home sales rose 16 percent in September compared with the same period in 2012, while house prices rose 13...

DESPITE AN INCREASE of less than the national average from fiscal year 2010 to 2011, total direct government spending in Rhode Island remained greater than the national per capita level in fiscal 2011. / COURTESY RHODE ISLAND PUBLIC EXPENDITURE COUNCIL

R.I. public spending growth below U.S., still above per-capita average

Economic Activity 10/29/2013

PROVIDENCE – Direct state and local government spending in Rhode Island increased 1.1 percent between fiscal 2010 and fiscal 2011, less than the 1.7...

BANGLES AND NECKLACES are on display at Luniac Glamour, one of 11 new shops that opened to the public at the Arcade Providence ribbon-cutting Monday morning. / PBN PHOTO/KELLY SULLIVAN

Arcade reopening launches 11 new businesses, more to follow

Economic Activity 10/21/2013

PROVIDENCE – After five years of uncertainty and transformation, the Arcade Providence reopened to the public Monday. Ten new shops and one restaurant began serving...

PLANS BY THE R.I. DEPARTMENT OF ADMINISTRATION to build two surface parking lots near the Statehouse violate land-use rules in the Capital Center region of Providence, say Capital Center Commission members. / COURTESY WIKIPEDIA/CHENSIYUAN

Capital Center Comm. members oppose state parking lot plans

Economic Activity 10/17/2013

PROVIDENCE – Members of the Capital Center Commission are appealing to lawmakers and the city for help enforcing land-use rules its members say have...

PEREGRINE PROPERTY MANAGEMENT principals Jeff Spratt, left, and Brendan Kane were photographed when they were named managers of the ALCO development in 2010. They will be retained by the new owners of the complex, Foundry Associates L.P. / PBN FILE PHOTO/MATTHEW HEALEY

Foundry Associates purchases ALCO complex for $19M

Economic Activity 10/17/2013

(Updated, 2:30 p.m.) PROVIDENCE - The owners of the Foundry complex in Providence have purchased the neighboring American Locomotive Works property off of Valley Street,...

A PROJECT TO EXPAND a parking lot on the east side of the Statehouse and a new lot planned for Francis Street will be the target of debate at a Thursday meeting of the Capital Center Commission. As city zoning bars surface lots in the downtown and Capital Center areas, the commission contends that the state needs its permission to move ahead with the projects. / COURTESY WIKIPEDIA/CHENSIYUAN

Capital Center Commission to debate state parking lot projects

Government 10/15/2013

PROVIDENCE - The group that oversees development near the state capitol is weighing what to do about two Chafee administration parking lot projects near...

Cornish Associates to redevelop Kinsley Building into apartments

Economic Activity 10/08/2013

PROVIDENCE – Cornish Associates has purchased the Kinsley Building on Westminster Street in downtown Providence with the intention of redeveloping its offices into apartments. The...

NAVAL STATION NEWPORT sent 800 civilian employees home Tuesday, joining other federal offices in Rhode Island in compliance with the government shutdown that began at midnight following a congressional stalemate over the budget. / COURTESY U.S. NAVY

R.I. federal offices close, workers furloughed under shutdown

Government 10/01/2013

PROVIDENCE – Many federal offices across Rhode Island were shuttered Tuesday and hundreds of “nonessential” employees sent home due the U.S. government shutdown that...

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