R.I. Commerce Corp. - Page 19 of 72 - Providence Business News

THE PROVIDENCE REDEVELOPMENT AGENCY voted unanimously on May 16 to authorize the agency to provide "Superman" building owner High Rock Development LLC with a $10 million loan as part of the proposed $223.1 million renovation of the building at 111 Westminster St. into 285 apartments. / PBN FILE PHOTO/ PAMELA BHATIA

Providence Redevelopment Agency approves $10M loan for ‘Superman’ building

Government 05/16/2022

PROVIDENCE – Another $10 million in financing was secured as part of the proposed redevelopment of the former Industrial Trust Co. headquarters, the 26-story...

OPEN PATH: Linda Perri, a longtime resident of the Washington Park neighborhood in Providence, stands at a narrow public access point on the Providence working waterfront that she and other residents fought to establish. / PBN PHOTO/MICHAEL SALERNO

SHADES OF GREEN: Can Providence’s working waterfront be both livable and...

Cover Story 05/13/2022

Owning a home near the water isn’t all it’s cracked up to be. At least not for Linda Perri, who lives a mile west...

SETTING UP SHOP: Laura Guillén, the new Rhode Island executive director for Entrepreneurship for All, is forming a network of mentors and prospective program participants. / PBN PHOTO/MICHAEL SALERNO

Mass. business incubator arrives in Providence

Entrepreneurship 05/13/2022

Getting a business off the ground is no easy feat, especially for people of color. And if Rhode Island’s undersized share of minority-owned businesses is...

MOVING AHEAD: George Metz, who has Montauk and Narragansett tribal roots, has certified his company, G. Metz Moving and Storage, as a minority-owned business, but in some cases, he feels it’s been a hinderance. / PBN PHOTO/RUPERTY WHITELEY

Everybody’s Business: Declaring minority status wasn’t an easy decision for Metz

Entrepreneurship 05/13/2022

(Editor’s note: This is the 21st installment in a monthly series speaking with minority business owners and leaders. Each are asked their views on...

THE R.I. COMMERCE CORP. Board of Directors voted 7-0 on Wednesday, May 11, 2022, to give High Rock Development LLC $15 million in tax credits through the Rebuild Rhode Island Tax Credit Program and $5.7 million from the First Wave Closing Fund as part of the $223.1 million financing package for the redevelopment of the Industrial Trust Co. building at 111 Westminster St. / PBN PHOTO/ PAMELA BHATIA

R.I. Commerce board approves $21M in ‘Superman’ building financing

Economic Activity 05/12/2022

PROVIDENCE – The R.I. Commerce Corp. board of directors voted 7-0 on Wednesday to approve nearly $21 million in state incentives as part of...

THE SOUTHSIDE COMMUNITY Land Trust's new food hub at 404 Broad St. in Providence, slated to open this summer, will house businesses to address food inequality in the community. / PBN PHOTO/JAMES BESSETTE

Community support helps Land Trust’s new food hub grow

Business Services 05/05/2022

PROVIDENCE – When the Southside Community Land Trust over the last several years needed to have harvested crops cleaned to be prepared as healthy...

LASTING MARK? Providence Mayor Jorge O. Elorza, who cannot run in November for another term, is hopeful a renovated Industrial Trust Co. Building will add to the vibrancy of Kennedy Plaza, which the city is eying for a $140 million overhaul. / PBN PHOTO/PAMELA BHATIA

TO THE RESCUE? ‘Superman’ building project could key downtown recovery

Coronavirus 04/29/2022

The Industrial Trust Co. Building holds a towering place in Neil D. Steinberg’s memory. He started his banking career there nearly half a century ago,...

JOSH SAAL, who resigned as the state's housing secretary on Jan. 11 after some leaders expressed disappointment in his performance, has been hired as a temporary consultant by the state. / COURTESY R.I. COMMERCE CORP.

Five Questions With: Josh Saal

5Q 04/29/2022

Josh Saal | Deputy secretary of commerce for housing, R.I. Executive Office of Commerce 1. What’s your outlook on Rhode Island’s housing situation, in terms...

THE BIG REVEAL: Senate President Dominick J. Ruggerio speaks at an event in Newport on March 15 announcing Cox Communication Inc.’s $120 million investment to upgrade broadband infrastructure statewide. Also pictured, from left, are Ross Nelson, Cox senior vice president and region manager; Mark Greatrex, Cox president; and Gov. Daniel J. McKee. / COURTESY COX COMMUNICATIONS INC.

Battle brewing to give R.I. more broadband choices

Focus 04/29/2022

High-speed internet in Rhode Island is synonymous with one company: Cox Communications Inc. Since the advent of broadband technology more than 20 years ago, Cox...