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Providence City Council gives final approval to TSA reform

PROVIDENCE – After years of debate and failed attempts to reform the tax deals for Providence development projects, change is coming with the City...
Michael Sabitoni / PBN PHOTO/ELIZABETH GRAHAM

Five Questions With: Michael Sabitoni

5Q: Michael Sabitoni | President, Rhode Island Building and Construction Trades Council | Chairman, Providence Rises Together Coalition 1. What is the Providence Rises Together...

Providence unveils long-term affordable housing strategy

PROVIDENCE – Financial incentives for developers, city zoning changes and more flexibility in programs that help low-income residents buy or rent homes are among...
THE HOTEL HIVE PROVIDENCE project on Westminster Street is one of the projects that has received a tax break from the city. The development is on hold due to the pandemic, with the developer considering asking for an extension on deadlines in agreements with the city. / COURTESY ABDO DEVELOPMENT

Do proposed changes to city’s policy on tax breaks threaten development?

Tax breaks are one way the city of Providence has persuaded developers to build or rehabilitate properties, but a proposal to overhaul the terms...

TSA changes would slow development

It will be interesting to hear how developers react to newly proposed changes to tax-stabilization agreements in Providence. As proposed by Providence City Council President...

Providence City Council calls for new standards on tax breaks to...

PROVIDENCE – The City Council is reviving efforts to create a more-streamlined and objective process for when and how it gives tax breaks to...
THE PROVIDENCE City Council is considering two ordinances that would strengthen regulation of developers and contractors. / PBN FILE PHOTO/CHRIS BERGENHEIM

Providence City Council considers tying TSAs to wage and labor requirements

PROVIDENCE – The City Council is considering legislation that will tighten requirements for developers to make sure large commercial projects are following state and...
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...
DO DEVELOPERS NEED HELPING HAND? Former Providence Mayor Joseph R. Paolino Jr. has taken advantage of tax-sta-bilization agreements to redevelop a number of city properties, including the more than 150-year-old Case-Mead Building. Without such incentives, Paolino said the city is “behind the eight-ball” when it comes to development. But some challenge the need for the tax breaks. / PBN FILE PHOTO/MICHAEL SALERNO

PBN on WJAR-TV, April 9, 2018

Every week, PBN Editor Mark S. Murphy appears on WJAR-TV NBC 10’s Coffee Break to discuss the newspaper’s most recent cover story and other...

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