Friday, April 19, 2024

TOPICS

Real Estate

R.I. COMMERCE CORP. WILL MEET Monday to consider incentives for multiple companies including Infosys and Southern Rhode Island Hospitality. Commerce also will consider an update to a Cornish Associates incentive for its project at Westminster and Union streets. Above, the historic Lapham Building. / PBN FILE PHOTO/MARK S. MURPHY

Commerce RI meeting will decide incentives for Infosys, Cornish, others

PROVIDENCE – The R.I. Commerce Corp. is scheduled to meet Monday at 5 p.m. to consider a few tax incentives, according to a public...
A 0.92-ACRE LOT IN Narragansett was sold for $1,050,000 this week. / COURTESY LILA DELMAN REAL ESTATE INTERNATIONAL

Narragansett lot sells for over $1M

NARRAGANSETT – An ocean view lot located at 0 Cormorant Road in the Whale Rock neighborhood of Narragansett sold for $1,050,000, Lila Delman Real...
PAST GLORY? The lobby of the former Bank of America branch in the Industrial Trust (or “Superman”) building reveals design and materials that hint at its Art Deco distinction.  / PBN FILE PHOTO/TRACY JENKINS

All options must be on the table with the ‘Superman’ building

A 2016 report put the cost of converting the Industrial Trust, or “Superman,” tower primarily to a residential property at nearly $120 million. In...
THE NEWLY OPENED Blackstone Valley Prep Mayoral Academy high school building in Cumberland features modern classrooms, study nooks, and innovation, science and technology labs. / COURTESY BLACKSTONE VALLEY PREP MAYORAL ACADEMY/BRIDGET GADOURY

Blackstone Valley Prep opens new high school building

CUMBERLAND – Blackstone Valley Prep Mayoral Academy has opened a new, 40,000-square-foot high school building that includes modern classrooms, study nooks, and innovation, science and technology labs. A ribbon-cutting ceremony was held...
BARBARA FIELDS is the executive director of Rhode Island Housing. / COURTESY RHODE ISLAND HOUSING

Five Questions With: Barbara Fields

Barbara Fields is the executive director of Rhode Island Housing. She responded recently to questions about how the federal Low Income Housing Tax Credit...
OCEAN STATE JOB LOT has purchased a vacant Walmart store and surrounding acreage at 1919 Diamond Hill Road in Woonsocket for $600,000.

OSJL purchases vacant Walmart store in Woonsocket for $600K

WOONSOCKET – Ocean State Job Lot has purchased a vacant Walmart store and surrounding acreage in Woonsocket, for $600,000. The purpose for the site at 1919...
THE $995,000 SALE of this three-unit building, with loft-style apartments on each floor, at 147 South St. in Providence is the highest-priced multifamily sale in the city this year, / COURTESY RESIDENTIAL PROPERTIES LTD.

Multifamily apartment building sells for $995K in Providence

PROVIDENCE – A three-unit building with loft-style apartments on each floor has sold for $995,000, the highest-priced multifamily sale in Providence this year, according to a news release from...
THE REFURBISHED NEWPORT Gateway Center features a number of improvements to be more resilient against storms, including new metal-roofed canopies, permeable pavers and a new stormwater system that uses bio-retention areas and rain gardens. / COURTESY PARE CORP.

Newport Gateway Center reopens following storm-resiliency upgrades

NEWPORT – The refurbished Newport Gateway Center has reopened. The intermodal transit hub features a new design that will improve its resiliency in future storms. Pare Corp., a multidisciplinary...
SERIOUS MORTGAGE DELINQUENCY declined in every state in the U.S. other than Alaska in September. / COURTESY CORELOGIC

Report: Providence metro mortgage delinquency remains on the decline

PROVIDENCE – Mortgage delinquency rates and foreclosure rates declined both in the Providence metropolitan area and Rhode Island in September, mirroring a national decline,...

Warwick ranked No. 3 safest city in the U.S., Providence No....

WARWICK – The city has been ranked the third safest in the United States, according to WalletHub’s "2017’s Safest Cities in America" report, released...
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