1. Road, bridge contractor Cardi Corp. going out of business
POSTED ONLINE: DEC. 14 Cardi Corp., a significant player in taxpayer-funded road projects across the state for decades, has gone out of business, according to a report from WJAR-TV NBC 10. Cardi told WJAR-TV in March that it was having financial issues. However, the company said at the time it would finish all of its projects, including the Route 37 overhaul in Cranston.
tinyurl.com/yckdrts8
[caption id="attachment_456407" align="alignleft" width="102"]
COURTESY RIVERSIDE PARTNERS LLC[/caption]
2. I-195 district panel chooses Riverside as developer for Parcel 1A
POSTED ONLINE: DEC. 20 Despite strong support for preserving the location of the popular Providence Flea, the I-195 Redevelopment District Commission chose Riverside Partners LLC as the developer for Parcel 1A. Riverside and Providence Flea were among four developers that submitted bids for the narrow property on the riverfront and has been home to Providence Flea LLC.
tinyurl.com/4c557nhn
[caption id="attachment_456408" align="alignleft" width="96"]
PBN FILE PHOTO[/caption]
3. PBN acquired by Woodward Communications Inc.; Brisson named publisher
POSTED ONLINE: DEC. 12 Providence Business News has been acquired by Iowa-based Woodward Communications Inc., an employee-owned company, and Annemarie Brisson has been promoted to publisher. Roger Bergenheim, who co-founded PBN with his late father, Robert C. Bergenheim, in 1986 and has since served as the publication’s president and publisher, is retiring but will work as a consultant to the new owners for the next year.
tinyurl.com/3pd7tkbu
[caption id="attachment_456409" align="alignleft" width="91"]
COURTESY MARCUS & MILLICHAP INC.[/caption]
4. Building in Narragansett Business Park sells for $8.95M
POSTED ONLINE: DEC. 28 A property spanning almost 65,000 square feet in the Narragansett Business Park in Pawtucket was sold by Legacy Gansett LLC to NSD RI Real Estate for $8.95 million. The property, located at 670-710 Narragansett Park Drive, includes six suites and on-site parking.
tinyurl.com/yc59ybxk
[caption id="attachment_456410" align="alignleft" width="108"]
COURTESY NORTHEAST PRIVATE CLIENT GROUP[/caption]
5. Lauderdale Building in Providence sells for $2.35M
POSTED ONLINE: DEC. 27 A five-story office building located across the street from the “Superman” building in downtown Providence recently sold for $2.35 million. The 136-144 Westminster St. property, known as the Lauderdale Building, consists of nine office suites and three retail tenants.
tinyurl.com/4u2m7wc2
6. McKee defends his response to Washington Bridge closure; traffic snarls area
POSTED ONLINE: DEC. 12 tinyurl.com/mtmt6cj3
7. Five Questions With: Michelle Muscatello
POSTED ONLINE: DEC. 28 tinyurl.com/9ufewefc
8. Alviti: Bridge bypass lanes could be opened this weekend; traffic snarls easing
POSTED ONLINE: DEC. 13 tinyurl.com/5n6s34yy
9. Hasbro to lay off 1,100 more employees, vacate Providence office after 2024
POSTED ONLINE: DEC. 11 tinyurl.com/43ktzah6
10. U.S. Navy, NOAA awards $146.8M contract for new Marine Operations Center in Newport
POSTED ONLINE: DEC. 6 tinyurl.com/5dk2nsd8
