Friday, October 7, 2022

TOPICS

Real Estate

BankRI to open new headquarters on I-195 land

PROVIDENCE – The unnamed financial services firm tied to the winning development proposal for former I-195 land has revealed itself. Bank Rhode Island on Wednesday...

Mayflower Wind seeks state approval to run cables under Portsmouth

PROVIDENCE – An offshore wind developer wants to run cables up the Sakonnet River and under Aquidneck Island to deliver electricity to Massachusetts' south...

McKee announces site, developer for new state health lab

PROVIDENCE – An empty parking lot in Providence’s I-195 Redevelopment District will house the state’s new public health lab. Gov. Daniel J. McKee on Tuesday...
THE RHODE ISLAND home price index increased 13.2% year over year in August, slower than the national growth rate of 13.5%. / PBN FILE PHOTO

CoreLogic: R.I. home price index up 13.2% Y/Y in August

PROVIDENCE – The Rhode Island home price index increased 13.2% year over year in August, slightly slower than the national growth rate of 13.5%,...

‘Superman’ building deal would cut $29M from tax bill

PROVIDENCE – Developers planning to redevelop the city’s tallest skyscraper could save $29 million in property taxes over the next 30 years. The proposed tax...

PRA to buy Atlantic Mills complex

PROVIDENCE – The Providence Redevelopment Agency is set to acquire the Atlantic Mills complex in Olneyville, with the agency vowing to preserve the historic...

State awards $3.5M to support 231 new homeless beds

PROVIDENCE – Six community organizations were awarded a total of $3.5 million in state funding for the creation of 231 new shelter beds to...
STRENUOUS SUMMER: Brad Marthens, who co-owns The Atlantic Inn on Block Island with his wife, Anne, had to cut room rates to help fill vacancies and didn’t have enough staff to open the inn’s restaurant daily until August, something he is usually able to start doing in June.
PBN PHOTO/K. CURTIS

SINKING SPIRITS: Slowed supply chains, inflation, labor shortage are sapping optimism

There’s only so long you can keep your chin up. After a 2½-year battle against health and economic devastation, Rhode Island companies have been beaten...
RORY'S MARKET & KITCHEN has opened on Washington Street in downtown Providence, where there has been a lack of retail food stores for years. PBN PHOTO/WILLIAM HAMILTON

An answer to downtown’s grocery store needs?

The COVID-19 pandemic may have altered the use of downtown districts throughout the country, but two grocery businesses are betting it hasn’t changed the...

Who Owns the Block?

PLAINFIELD PIKE Interstate 295 to Comstock Parkway CRANSTON AND JOHNSTON PBN RESEARCH AND PHOTOS/JAMES BESSETTE PBN GRAPHIC/ANNE EWING
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