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David ­Ikenberry

Why aren’t companies speeding up investment? There’s a new theory

For years, I’ve puzzled over a question that seems to defy common sense: If stock markets are hitting records and tech innovation seems endless,...

Smiley seeks $25M bond to help finance purchase of building from...

PROVIDENCE – Mayor Brett P. Smiley is looking to purchase a downtown building from former Mayor Joseph R. Paolino Jr.. Smiley’s office has confirmed it...

Montecito Medical purchases surgery center leased by Ortho RI and Spire

WARWICK – An investor in medical office real estate nationwide has purchased a Class A orthopedic and surgery center in Rhode Island. Montecito Medical, a...
A WELCOME DEVELOPMENT: Marisa Angell Brown, Providence Preservation Society executive director, is eagerly awaiting the redevelopment of the former Providence Journal headquarters at Westminster and Eddy streets in downtown Providence. The building has been mostly vacant for more than a decade. 
PBN PHOTO/MICHAEL SALERNO

Old ProJo Building revival getting closer to reality

For more than a century, 203 Westminster St. has stood like a baroque sentinel in downtown Providence – a grand Beaux-Arts building that once...

Loan program launched to fill vacant ground-floor retail space in I-195...

PROVIDENCE – The I-195 Redevelopment District Commission and R.I. Commerce Corp. are hoping a new loan program will help fill vacant ground-floor retail space...

Federal commercial real estate cancellations surprise R.I. landlords

PROVIDENCE – Mary Sadlier was surprised when she opened an email from the General Services Administration last week. The agency informed Sadlier the federal government...

Centre of New England developer to present plans for another project...

COVENTRY – A developer is looking to expand its construction plans in town. While Starr Capital LLC’s plans for a sprawling 900-unit housing project at...
A DIFFERENT LOOK: A rendering of the second phase of development at the former Metacomet Country Club shows shops and an open-air courtyard running between the buildings. 
COURTESY MARSHALL PROPERTIES INC.

With golf course open, plans for Phase 2 at Metacomet proceed

The newly configured nine-hole golf course that covers about half of the former Metacomet Country Club has proved popular among golfers since it opened...
RISING UP: A 200,000-square-foot life sciences complex under construction in the I-195 Redevelopment District will include dedicated space for the R.I. State Health Lab and Brown University. The rest will be for private lab activities. 
PBN PHOTO

R.I. presses forward in quest for lab space

While major metropolitan areas are facing a concerning glut of laboratory space, Rhode Island leaders are more optimistic about the Ocean State’s future in...

Citizens executive appointed senior vice chairman

PROVIDENCE – Citizens Financial Group Inc. says Donald H. McCree III, head of commercial banking at Citizens, has been appointed to senior vice chairman. “This...
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