While embattled Providence Mayor Vincent A. Cianci, Jr.’s decision not to seek re-election rocked the Rhode Island political scene last week, the state’s business leaders wondered if a change in leadership would stunt or spark development.
Or will it be business as usual?
"I don’t think the mayor’s decision affects any of our projects," said Arnold ‘Buff’ Chace, president and CEO of Cornish Associates. Cornish is responsible for several revitalization projects downtown, including the Smith Building and the Alice Building, and the company is working on other projects.
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"Obviously there’s uncertainty about who the new mayor will be, but I think that our projects, which are the revitalization projects of the city, would be on any successful candidates’ agenda," he said.
Others have concerns about losing Cianci.
"Let’s face it, the mayor’s office was a prime mover of getting things done and advancing the redevelopment of the whole downtown area, so I’m sure there will be some type of pause or maybe a slowdown," said Sheldon Rodman, president of Providence-based Rodman Real Estate.
Nineteen candidates tossed their hats in the ring for a shot at the post (see page 11).
Gary Sasse, executive director of the Rhode Island Public Expenditure Council, said there’s nothing extraordinary about the changing of this guard.
"There are transitions in government all of the time and at all levels. There is no reason to think this transition will not be orderly," said Sasse.
Sasse said his group will continue to push the new mayor on issues vital to urban growth.
"Something needs to be done to control the growth in property taxes, reforming schools and providing safe streets," said Sasse.
