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Rockland Trust provides $6.6M to Peregrine Group for Newport condos

PROVIDENCE – Rockland Trust Co. has provided $6.6 million in financing to the Peregrine Group LLC for the construction of a housing development in...
FLOOD ­PROTECTION: Colin Kane, founding partner of Peregrine Group LLC in East Providence, says the Hammetts Hotel in Newport, pictured, had to be built 14 feet above the 100-year flood line. / PBN PHOTO/DAVE HANSEN

Structural challenges can make waterfront development difficult endeavor in R.I.

A proposed six-story, 52-room Riverview Hotel in Providence was abandoned after the R.I. Coastal Resources Management Council denied a requested variance on a 0.28-acre...

R.I. small-business community optimistic for McKee leadership

PROVIDENCE – While the national spotlight now shines on Gov. Gina M. Raimondo in her nomination as U.S. Commerce secretary, it’s Lt. Gov. Daniel...
STANDING READY: Outside Hammetts Hotel in Newport are, from left, General Manager Randi Milewski, Colin Kane and Sam Bradner, two of the hotel owners, and Sarah Eustis, CEO of the Main Street Hospitality Group, the company handling the hotel’s management. The hotel opened in June amid the uncertainty of the pandemic. / PBN PHOTO/KATE WHITNEY LUCEY

Hotel industry has been desolated, but some are betting on big...

In a normal year, early November is a shoulder season in Newport. Christopher Bicho, who owns six leisure-market hotels in the coastal area, would...
LIVING ARRANGEMENTS: Two developers have proposed creating mixed-income housing on the I-195 Redevelopment District’s Parcel 9 in Fox Point. One of the plans, by ONE Neighborhood Builders, above, would include 58 apartments and a dedicated tenant, nonprofit Children’s Friend, that would run a child care center in the building. / COURTESY I-195 REDEVELOPMENT DISTRICT COMMISSION

I-195 district plans altered by pandemic

The impact of the COVID-19 pandemic on commercial development has reached the I-195 Redevelopment District, where several projects are under construction, approaching groundbreakings or...
WATCHFUL EYE: A worker from Shawmut Design and Construction oversees the building of the new Brown University Performing Arts Center on College Hill in Providence in December. / PBN FILE PHOTO/MIKE SKORSKI

Boston’s building boom drawing labor from R.I.

Finding office space in northern Rhode Island for a Massachusetts company that wanted to relocate proved so difficult recently that it required some quick...
ABOVE
HIGHWAY RELOCATION: Shown at right are the East Side parcels of developable land in the 40-acre Interstate 195 Redevelopment District of Providence. The district was created after the original Interstate 195, seen at far left, was federally relocated more than 10 years ago.
 / PBN PHOTO/ARTISTIC IMAGES

Despite questions, I-195 District on course

When Robert Davis, a longtime real estate lawyer, joined the board of the I-195 Redevelopment District Commission in 2015, he’d talk to potential developers...

BankRI provides $20M loan to finance construction of Hammetts Wharf Hotel

PROVIDENCE – Bank Rhode Island said it has procured financing to provide a $20.5 million loan to Newport-based Hammetts Wharf LLC for construction of...

Despite false start, transformation of Jewelry District taking shape

On a recent gray, autumn afternoon, early rush-hour traffic was backing up along Point Street in the old Jewelry District in downtown Providence. Most...

Hammetts Wharf project begins construction

NEWPORT – Construction on the $29 million Hammetts Wharf project began Oct. 23 at a ceremony attended by Gov. Gina M. Raimondo. The building, when...
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