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New proposal would create tax increment financing district in Providence

PROVIDENCE – A new proposal that would create a tax increment financing district in several neighborhoods of the city, up to the edge of...
COMMERCIAL DEVELOPER CHURCHILL & BANKS has proposed a 24-acre industrial park at 340 Woodward Road in the north end of Providence, on the North Providence line, that would include three industrial buildings and one office building over the four lots. / COURTESY CITY OF PROVIDENCE

Churchill & Banks proposes 24-acre industrial park in Providence

PROVIDENCE – Churchill & Banks Cos., a well-known commercial-development company, has proposed a 24-acre industrial park in the north end of Providence, on the...
PROVIDENCE is transferring ownership of the Bome Theatre to Tavares LLC in exchange for a $2.2 million investment into the restoration of the property. / PBN FILE PHOTO/MARY MACDONALD

Providence transferring Bomes Theatre in exchange for $2.2M restoration investment

PROVIDENCE – The Bomes Theatre is being taken over by Fernando J. Tavares, owner of Tavares LLC, a local general contractor, the city announced...
A COMMUNITY MEMBER has agreed to purchase the Bomes Theater at 1017 Broad St. in Providence, with an interest to renovate and reopen the building, which is owned by the city and has been vacant since 2004. / PBN PHOTO/MARY MACDONALD

Potential buyer expresses interest in reopening Bomes Theater building

PROVIDENCE – A long-deteriorated architectural gem may be saved after all. The Bomes Theater, owned by the city and vacant since 2004, is under...
THE PROVIDENCE REDEVELOPMENT AGENCY will accept proposals this month to redevelop 17 properties acquired through the city’s redevelopment efforts targeting vacant houses that have been blighted for up to 10 years. / COURTESY PROVIDENCE REDEVELOPMENT AGENCY

Providence Redevelopment Agency accepting proposals to redevelop 17 properties

PROVIDENCE – The Providence Redevelopment Agency will accept proposals this month from entities or individuals who want to redevelop 17 properties acquired through the...
ASPEN GROUP INC., developer of the former Flynn Elementary School site in Upper South Providence, shaded in red, is seeking a 20-year tax stabilization agreement for a building project on the site. / COURTESY CITY OF PROVIDENCE

Aspen Group seeks 20-year TSA for project on former Flynn School...

PROVIDENCE – A developer who proposes to build two new structures on the site of the former Flynn Elementary School in Upper South Providence...
A $600,000 federal grant from the U.S. Economic Development Agency will be used to transform the vacant American Tourister plant property at 70 Houghton St. into an innovative business cluster. / PBN FILE PHOTO/MARY MACDONALD

Federal grant awarded to redevelop American Tourister property

PROVIDENCE – A $600,000 federal grant from the U.S. Department of Commerce's Economic Development Administration will be used to transform the vacant American Tourister property...

City gets go-ahead to restart loan fund

Nearly a year later than expected, Providence is back in the commercial-lending business.The Providence Economic Development Partnership’s Revolving Loan Fund, suspended by the U.S....
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