Patrick Anderson, Author at Providence Business News

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THE INTERSTATE 195 Redevelopment District Commission has decided to offer Jan Brodie the job of executive director. / COURTESY THE COMMUNITY BUILDERS INC.

I-195 Commission set to offer candidate executive directorship

Economic Activity 04/11/2013

PROVIDENCE – The Interstate 195 Redevelopment District Commission has chosen Jan Brodie, a former vice president of the Armory Revival Co. now working for...

Amtrak ridership drops in the Northeast

Capital Goods 04/09/2013

WASHINGTON – Ridership on Amtrak’s Northeast corridor trains declined 1.2 percent in the six months from October to March compared with the same period...

SBLF lowers interest rate to attract applicants

Economic Activity 04/04/2013

PROVIDENCE – The R.I. Small Business Loan Fund has lowered its average interest rate from 7.5 percent to 5.75 percent, the R.I. Economic Development...

THE CITY OF PROVIDENCE has suspended its Innovation Investment Program, which provides $50,000 in loans to startup companies that promise to stay in Providence for at least a year. / PBN FILE PHOTO

Providence suspends Innovation Investment Program

Entrepreneurship 03/29/2013

(Updated, 4:05 p.m.) PROVIDENCE – The city has suspended a program providing $50,000 loans to startup companies that promise to stay in Providence for at...

Home prices, sales rise in R.I. in February

Economic Activity 03/28/2013

PROVIDENCE – Rhode Island single-family home prices rose 11 percent in February compared with the same period last year, the Rhode Island Association of...

HOME AND CONDO sales rose in February in Bristol County, Mass. as home prices fell, The Warren Group said Tuesday. / COURTESY THE WARREN GROUP

Home sales rise, prices fall in Bristol County, Mass., in Feb.

Economic Activity 03/26/2013

BOSTON – Single-family home sales in Bristol County, Mass. rose 13 percent in February compared with the same period the previous year, The Warren...

Negative equity increases in 2012 4Q in Providence metro area

Economic Activity 03/19/2013

PROVIDENCE – The number of Providence-area homeowners who owe more on their mortgages than their houses are worth increased in the fourth quarter of...

GOV. LINCOLN D. CHAFEE admitted at an EDC board meeting that he has found it a challenge to replace those Economic Development Corporation board members who have either resigned or asked to be replaced. / PBN FILE PHOTO/FRANK MULLIN

Chafee admits difficulty finding new EDC board candidates

Government 03/05/2013

PROVIDENCE - Gov. Lincoln D. Chafee Monday night said he expects to nominate new members to the depleted R.I. Economic Development Corporation Board of...

THREE MORE MEMBERS of the R.I. Economic Development Corporation's Board of Directors - (from left) Cheryl W. Snead, Jack Templin and David M. Dooley - have announced their intention to step down from the board of the quasi-state agency.

Three more EDC board members to step down

38 Studios 02/26/2013

(Updated, Feb. 28, 11:45 a.m.) PROVIDENCE – Three more members of the R.I. Economic Development Corporation Board of Directors have announced their intention to step...