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Tag: Rebuild Rhode Island Tax Credit Program

‘Superman’ developer seeks ‘last piece of the puzzle’ 

PROVIDENCE – Supporters behind the effort to transform the long-vacant Industrial Trust Co. Building into a mixed-use space with retail and more than 300...

Officials celebrate opening of Track 15 Food Hall

PROVIDENCE – Track 15 Food Hall is now officially open for business.  Federal and state officials on Tuesday celebrated the opening of the highly anticipated,...
RISING CONSTRUCTION COSTS and higher interest rates have affected the work to transform the Industrial Trust Co. Building in Providence into nearly 300 apartments. Mayor Brett P. Smiley has proposed a change to the tax incentives plan to give the building owner High Rock Westminster LLC help in closing the financial gap. PBN PHOTO/WILLIAM HAMILTON

Smiley has proposal to help ‘Superman Building’ overhaul get past money...

More than a year after interior demolition and asbestos removal started at the Industrial Trust Co. Building in downtown Providence, the future of the...
UNIQUE FLAVORS: The Track 15 food hall on the first floor of the former Union Station in downtown Providence will feature seven Rhode Island-based restaurants, each offering their own unique flavor, when it opens on Feb. 27. 
RENDERING ­COURTESY ­MARSELLA ­DEVELOPMENT CORP.

Track 15 food hall brings many flavors to Providence

Since moving to the United States in 2018, Alp Gumuscu has gotten a taste of American food, but he longed for a way to...

Commerce Corp. to consider tax credits, incentives for Saab Inc. expansion...

PROVIDENCE – R.I. Commerce Corp.'s board of directors on Dec. 16 will consider a pair of proposals to award tax credits and jobs incentives...
REGENT CRAFT INC. on Monday was awarded $4 million in combined funding and tax incentives from R.I. Commerce Corp. / COURTESY REGENT CRAFT INC.

REGENT Craft Inc. gets OK for $4M more in incentives from...

PROVIDENCE – The R.I. Commerce Corp. board on Monday awarded REGENT Craft Inc. $4 million in combined financing and tax incentives in anticipation of...
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

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...
PAOLINO PROPERTIES LP is seeking an award under the Rebuild Rhode Island Tax Credit Program to offset costs as it works to turn the long vacant, six-story Studley Building at 86 Weybosset St. in downtown Providence into apartments as part of a $17.9 million renovation. The company is turning the office building into 65 residential units. / COURTESY PAOLINO PROPERTIES LP

Paolino seeks tax credits for $17.9M Studley Building apartment project

PROVIDENCE – Paolino Properties LP is seeking an award under the Rebuild Rhode Island Tax Credit Program to offset costs as it works to...
R.I. COMMERCE CORP. WILL MEET Monday to consider incentives for multiple companies including Infosys and Southern Rhode Island Hospitality. Commerce also will consider an update to a Cornish Associates incentive for its project at Westminster and Union streets. Above, the historic Lapham Building. / PBN FILE PHOTO/MARK S. MURPHY

Commerce RI meeting will decide incentives for Infosys, Cornish, others

PROVIDENCE – The R.I. Commerce Corp. is scheduled to meet Monday at 5 p.m. to consider a few tax incentives, according to a public...
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