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Rebuild Rhode Island tax credit program surpasses $100M mark

PROVIDENCE – The state’s Rebuild Rhode Island tax credit program recently exceeded the $100 million mark with last month’s award to Rubius Therapeutics Inc. The...
THE HOUSE APPROVED A $9.6 BILLION fiscal 2019 budget on Friday. / PBN FILE PHOTO/NICOLE DOTZENROD

House-passed budget outlines revenue-sharing from sports betting

PROVIDENCE — The House late Friday approved a $9.6 billion budget that continues a car-tax phaseout and outlines how revenue from newly authorized sports...
FINLAYS celebrated a ribbon cutting for its new R&D and manufacturing facility in the Quonset Business Park. From left, Steven J. King, managing director of Quonset Development Corp., Gov. Gina M. Raimondo, Steve Olyha, CEO of Finlay Extracts & Ingredients USA, Stefan Pryor, R.I. commerce secretary, and Richard A. Welch, president, North Kingstown Town Council. / COURTESY FINLAYS

Finlays celebrates ribbon cutting at new Quonset Park facility

NORTH KINGSTOWN – Finlay Extracts & Ingredients USA Inc. celebrated the ribbon cutting for its 28,800-square-foot global research and development, and manufacturing center at...
PREPARING FOR SUCCESS: Amgen Rhode Island senior associates Devon Zayas, left, and Scott Lyons conduct a safety check prior to using a bioreactor at the company’s West Greenwich facility. / PBN PHOTO/
RUPERT WHITELEY

Commerce RI committee to consider incentives for $165M Amgen manufacturing facility

PROVIDENCE – The R.I. Commerce Corp. Investment Committee has filed a meeting notice for Friday in which it will consider the application of Immunex...
THE R.I. COMMERCE CORP. board of directors will consider an application for incentives under the Rebuild Rhode Island Tax Credit program and an Innovation Voucher program award Monday evening. Above, R.I. Secretary of Commerce Stefan Pryor. / COURTESY R.I. COMMERCE CORP.

Commerce RI board of directors to consider $1M tax credit for...

PROVIDENCE – The R.I Commerce Corp. will consider a few projects and companies for tax incentives at a board of directors meeting Monday afternoon...
GOV. GINA M. RAIMONDO announced Monday that information technology giant Infosys has committed to creating a Design and Innovation Hub in Providence, with the expectation that the company will have 500 employees in the Ocean State by 2020. / PBN PHOTO/CHRIS BERGENHEIM

Infosys bringing 500 jobs to R.I.

Updated at Noon, Nov. 27 PROVIDENCE – Infosys Ltd., the India-based technology services and consulting giant, with nearly 200,000 employees across the globe, is building...
ABOVE IS THE SITE of an upcoming ceremonial groundbreaking on Sept. 14 for Urban Greens, a stand-alone building that will address a lack of fresh-food alternatives in the West Side neighborhood of Providence. / PBN PHOTO/ELI SHERMAN

Construction has begun on Urban Greens building in Providence

PROVIDENCE – Construction has begun on Urban Greens, a stand-alone building that will address a lack of fresh-food alternatives in the West Side neighborhood...
THE CASE-MEAD BUILDING at 76 Dorrance St. in Providence, which is being renovated into 44 lofts, is taking reservations for apartment leases. /COURTESY PAOLINO PROPERTIES

Case-Mead Building in Providence taking reservations for apartment leases

PROVIDENCE – The Case-Mead Building, which is being renovated into 44 lofts, is taking reservations for apartment leases, according to a notice from Paolino...
NEW VISION: The former Pontiac Mills site in Warwick will be transformed into housing and commercial space, if developer Larry Silverstein, president of Baltimore-based Union Box Co., sees his plans realized. / PBN PHOTO/MICHAEL SALERNO

The state’s new approach to incentives has developers pining for a...

Time matters in historic renovation, and nowhere is that clearer than at the sprawling Pontiac Mills in Warwick. The 19th-century textile mill was in a...
USING ALL THE TOOLS: Developer Larry Silverstein plans to utilize both historic-preservation tax credits and Rebuild Rhode Island incentives to convert Warwick’s Pontiac Mills into housing and commercial space in a $35 million project. / PBN PHOTO/MICHAEL SALERNO

Historic credits deserve to be kept active for state’s sake

The 286 projects that have been completed since the state created its historic-preservation tax credit program in 2001 have brought $1.3 billion in private...

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