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Lawmakers bend rules for Hope Point

Even as the House reduced Gov. Gina M. Raimondo’s request for incentives to replenish her economic programs, most notably the real estate development program...

River House apartments opening celebrated with ribbon-cutting

PROVIDENCE – Gov. Gina M. Raimondo joined GMH Capital Partners LP, Wexford Science & Technology LLC, and state and local officials on June 20...
GETTING A BOOST: As the 2019 session of the Rhode Island legislature comes to an end, the fiscal 2020 budget includes an expansion of potential incentives for the luxury residential Hope Point tower, to be built ON former Interstate 195 land in Providence. / COURTESY THE FANE ORGANIZATION

Was the R.I. House correct to raise the limit for tax...

In the last-minute rush to pass a budget for fiscal 2020, the R.I. House of Representatives threw a few curve balls, not the least...

House approves $10B budget that continues car-tax phaseout; expands medical marijuana

PROVIDENCE – The House on Saturday overwhelmingly approved a $9.97 billion spending plan for fiscal 2020 that continues a car-tax phaseout and expands a...

Rebuild Rhode Island could get tighter spending restrictions

PROVIDENCE – Rebuild Rhode Island, a signature economic-development incentive of Gov. Gina M. Raimondo, could be curtailed under the 2020 state budget, with tighter...

Commerce board approves 3 innovation vouchers, tax incentives

PROVIDENCE – The R.I. Commerce Corp. board of directors voted to approve three innovation vouchers Tuesday evening, each for a value of $50,000.The award...
THE FARM FRESH Rhode Island food hub is seeking about $2.2 million in state Rebuild Rhode Island tax credits. / COURTESY CITY OF PROVIDENCE.

Farm Fresh Rhode Island food hub seeks state development incentives

PROVIDENCE – A $15.5 million project by Farm Fresh Rhode Island to create a food hub and permanent indoor farmer’s market in a newly...
TECH INCUBATOR: Innovate Newport Director of Entrepreneurship and Innovation Tuni Schartner gives a tour of the former Sheffield School on Broadway in Newport, which will serve as the location of Innovate Newport. The business incubator will house small companies, startups and entrepreneurs in the fields of marine and environmental technology, cybersecurity and renewable energy.
 / PBN PHOTO/KATE WHITNEY LUCEY

Can a new business incubator keep a bigger slice of Navy...

For years, community leaders in Newport have watched as the nearby Naval ­Undersea Warfare Center has farmed out billions of dollars in contracts to...
A RENDERING OF Edge College Hill Two, a new apartment building proposed for the base of College Hill in Providence. / COURTESY DBVW ARCHITECTS

Commerce RI authorizes $9M in Rebuild Rhode Island tax credits for...

PROVIDENCE – A newly constructed apartment building, the second phase of Edge College Hill, will qualify for $6 million in state tax credits, under...
BUSY DEVELOPER: Arnold “Buff” Chace is the managing partner for Cornish Associates LP, which has several ongoing projects in downtown Providence, including three historical buildings on Westminster Street that are being renovated into apartments/retail. Chace stands in front of one of the properties, The Peerless Building at 150 Union St.
 / PBN PHOTO/MICHAEL SALERNO

Despite some permitting improvements, developers often ‘going nowhere fast’ in Providence

The developer of a riverfront hotel proposed for Providence gained initial approval from the I-195 Redevelopment District Commission a year ago, giving him clearance...
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