Rhode Island

DESIGNxRI awards $172,000 in seed funding to 10 Rhode Island small businesses

Providence, RI Ten local design businesses are being supported and celebrated as the latest awardees in DESIGNxRI’s 2024 Design Catalyst Program. In its eighth round of supporting small design businesses across the state, DESIGNxRI is awarding $172,000 in seed

McGeary and Welch of Northeast Private Client Group sell 33,700 s/f Lauderdale Building

Providence, RI Northeast Private Client Group (NEPCG) has sold 136-144 Westminster St., the Lauderdale Building, a 33,700 s/f mixed-use property. Senior associate Tim McGeary and associate Rick Welch represented the seller and procured the buyer.

Fair of Hayes & Sherry finalizes $3.3 million sale of
6.5-acre site to Skydra Development

Warwick, RI A major development is one step closer to getting shovels into the ground. At the end of October, Hayes & Sherry, a Cushman & Wakefield alliance member, closed the $3.3 million sale of a 6.5-acre property at 2119 Post Rd.

Welchman joins Lila Delman Compass

Little Compton, RI Associate broker Renee Welchman has joined Lila Delman Compass’ office at 29 Meeting House Lane. Founder of the Welchman Real Estate Group, Welchman’s leadership and expertise has resulted in 750 transactions, totalling over $600 million

Alves of Elite Commercial at KW sells retail space

North Providence, RI Michael Alves of the Elite Commercial Realty at KW Commercial on behalf of Zhuoquan MA sold unit #1 at 1527 Smith St., the former OSHO Sushi & Bar for $85,000, to Robert Fox on behalf of EBN Business Group, LLC. Elite Group acted on behalf of both the buyer and seller.

City of East Providence invests in education - by Roberto DaSilva

In 2021 the city of East Providence celebrated the opening of its new $190 million high school. The school was the first in Rhode Island built under a state program that includes hundreds of millions of dollars in borrowing that was previously approved by voters. The city paid

Continued momentum at Quonset in 2023 - by Steven King

Quonset is the region’s leading engine of job growth and economic development. The Quonset Business Park is home to 229 companies and more than 13,000 jobs, including one in every five manufacturing jobs in R.I. The Port of Davisville is one of the top 10 auto importers in North America, and the facility

City of Warwick has many exciting developments to look forward to - by Frank Picozzi

While it’s difficult to believe that another year is drawing to a close already, a lot has been accomplished in the city of Warwick throughout 2023, with many exciting developments to look forward to in the New Year.

Providence mayor Smiley designates additional $5.4m to affordable housing developments

Providence, RI Mayor Brett Smiley proposed, and the Providence Redevelopment Agency (PRA) approved, an additional $5.4 million in funding to the Providence Housing Trust to support six new residential projects that will create 152 units of long-term affordable housing

Stanley Tree Service to coordinate holiday signal for Good Night Light’s and Hasbro Children’s Hospital

Smithfield, RI In recognition of the 8th birthday of Good Night Light’s, Stanley Tree Service is coordinating the largest holiday display to date. On Wednesday, December 13 from 8:30 pm to 8:40 pm Stanley Tree Service, Premeer Real Estate