Patrick Anderson, Author at Providence Business News

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IN 2012, THE NUMBER OF Rhode Island communities with median household income higher than the median single-family home price rose to 11 from six in 2011, HousingWorks reported Friday. / BLOOMBERG FILE PHOTO/TY WRIGHT

More R.I. communities could afford home ownership in 2012

Economic Activity 09/27/2013

(Updated, 1:50 p.m.) PROVIDENCE – Wage gains in 2012 caused a rise in the number of Rhode Island communities able to afford home ownership, according...

PARTICIPANTS IN LAST SEPTEMBER'S 'Make It Happen Rhode Island' event generated a number of ideas that were put into action in the last year. Now The Rhode Island Foundation and the R.I. Economic Development Corporation are teaming up for a follow-up series of events to generate more private-sector-driven ideas for economic development. / COURTESY THE RHODE ISLAND FOUNDATION

RI Foundation takes next ‘Make It Happen’ step, partners with EDC

Economic Activity 09/24/2013

PROVIDENCE – The Rhode Island Foundation is teaming up with state economic development officials to build a plan for growing the local economy from...

SINGLE-FAMILY HOME SALES in Rhode Island increased 22 percent in August compared with the same period last year, but pending sales dropped 7 percent, the Rhode Island Association of Realtors reported Friday. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

R.I. home market shows signs of slowing amid strong sales

Economic Activity 09/20/2013

WARWICK – Rhode Island single-family home sales stayed strong in August, climbing 22 percent compared with the same period last year, the Rhode Island...

RIDERS TRY OUT the New York City bicycle sharing program in May 2013. The city of Providence this week began soliciting proposals for a similar system for neighborhoods including Downcity, College Hill and Federal Hill. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

Providence solicits proposals for public bike share system

Capital Goods 09/18/2013

PROVIDENCE – Providence is set to dive into the increasingly popular though still controversial world of bike share. The city this week began soliciting bids...

DEBORAH KELSO has resigned from her position as executive director of the Narragansett Chamber of Commerce to pursue other opportunities, saying that the controversy over the proposed new ferry service to Block Island had nothing to do with her decision. / PBN FILE PHOTO/CHRIS SHORES

Kelso leaves Narragansett chamber, says it has ‘nothing to do with...

Personnel 09/17/2013

NARRAGANSETT – Narragansett Chamber of Commerce Executive Director Deborah Kelso is stepping down in a move she says was unrelated to tension over a...

THE INTERSTATE 195 REDEVELOPMENT DISTRICT COMMISSION is considering supporting a citizen-backed plan to bury the power lines leading from Providence's Manchester Street Power Station (in background) to East Providence, thus removing them from India Point Park. / PBN FILE PHOTO/NATALJA KENT

I-195 panel looking to bury power lines, considers grocery proposal

Economic Activity 09/10/2013

PROVIDENCE - The state panel responsible for developing the former Interstate 195 land is close to throwing its support behind a decade-long effort to...

ENGAGE RHODE ISLAND, the group that advocated for pension reform in the state, has voted to disband itself.

EngageRI dissolves itself, questions need for suit mediation

Government 09/06/2013

PROVIDENCE – Engage Rhode Island, the business-backed advocacy group that helped stoke popular support for overhauling the state pension system, has dissolved, the group...

THANKS TO A $10 MILLION federal grant, the state now has financing in place to build a new road system around and in Apponaug Village in Warwick. / COURTESY R.I. DEPARTMENT OF TRANSPORTATION

Warwick Apponaug Circulator receives $10M U.S. DOT grant

Capital Goods 09/05/2013

WARWICK – Rhode Island has secured a $10 million U.S. Department of Transportation grant to rebuild the road system around Apponaug Village in Warwick,...

DASSAULT SYSTEMES is moving its Rhode Island offices from Providence's West Side, in Rising Sun Mills, to Northwoods, the former headquarters of FM Global in Johnston that the insurance giant is redeveloping. / COURTESY HOBBS BROOK MANAGEMENT

Dassault Systèmes first tenant in FM Global’s former Johnston HQ

Economic Activity 09/04/2013

JOHNSTON – Dassault Systèmes has signed on to become the first tenant in the new Northwoods office building under construction on Atwood Avenue, Hobbs...

HUNT YACHTS has been purchased by the owner of another Portsmouth-based yacht manufacturer, The Hinckley Company. Peter Van Lancker, president of Hunt Yachts, says Hunt will continue to operate independently. / PBN FILE PHOTO/RUPERT WHITELEY

Hunt Yachts purchased by Hinckley Co. parent

Capital Goods 09/03/2013

PORTSMOUTH – Luxury boat builder Hunt Yachts Inc. has been purchased by a New York investment firm, the company announced Tuesday. Hunt was purchased by...

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