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SEACORP awarded $1M in state job tax credits

MIDDLETOWN – Defense contractor SEACORP LLC is planning to create at least 53 jobs in Rhode Island with a median salary of $100,000 per...
LOOKING UP: The R.I. Commerce Corp. board of directors on Aug. 24 unanimously approved up to $9.5 million in state support to help jump-start the stalled redevelopment of Providence’s “Superman” building, 
PBN FILE PHOTO/CHRIS BERGENHEIM

Do you support the decision to approve up to $9.5M in...

R.I. Commerce Corp.’s board of directors on Aug. 24 approved up to $9.5 million in new state support for the redevelopment of Providence’s "Superman"...
LOOKING UP: The R.I. Commerce Corp. board of directors on Aug. 24 unanimously approved up to $9.5 million in state support to help jump-start the stalled redevelopment of Providence’s “Superman” building, 
PBN FILE PHOTO/CHRIS BERGENHEIM

State protects well-timed ‘Superman’ investment

There are signs of life for the long-stalled redevelopment of Providence’s iconic “Superman” building. And give state economic-development leaders kudos for stimulating it. The R.I....

Commerce board approves up to $9.5M in state support for ‘Superman’...

PROVIDENCE – The R.I. Commerce Corp. board of directors on Monday unanimously approved a new state financing package for the long-delayed redevelopment of the...
Brett P. Smiley / PBN PHOTO/MICHAEL SALERNO

Smiley’s second-term vision: Building Providence’s next economy

Providence Mayor Brett P. Smiley entered City Hall in 2023 after serving as the city’s chief operating officer, promising a more efficient approach to...
UNDER CONSTRUCTION: Michelle Wilcox, CEO and president of Crossroads Rhode Island, stands in front of the Summer Street Apartments project in Providence in 2024. It’s Crossroads’ five-story building featuring 176 single-bed residences for those who were previously homeless. 
PBN FILE PHOTO/MICHAEL SALERNO

For homebuyers, landscape grows more discouraging

One word has echoed around the residential real estate sector in Rhode Island for a while now and will continue to do so: affordability. It’s...

Flock cameras, Kennedy Plaza emerge as key divide in Providence mayoral...

PROVIDENCE – Flock license plate readers and the future of Kennedy Plaza emerged as major dividing lines Wednesday in the city's mayoral race, as...
NEW WORKSPACE: Peter Gillespie, senior vice president and branch manager for Cross Insurance Inc., stands at the entrance of the company’s new offices at The Foundry in Providence. 
PBN PHOTO/MATTHEW MCNULTY

‘Low supply and low demand’: R.I. office market undergoing ‘repositioning’

On a sunny summer morning at the Foundry in Providence, Cross Insurance Inc. employees move past exposed brick walls and soaring 14-foot ceilings before...

Connect with Commerce: ‘Superman’ building owners seeking federal loan

(Editor’s note: This is the third in an occasional series focused on questions from Providence Business News readers for R.I. Secretary of Commerce Stefan...

Pryor: Targeted investments can help companies ‘expand and land’ in R.I.

R.I. Secretary of Commerce Stefan Pryor has once again taken a prominent role in the state's economic development.   The first to hold the commerce...
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