The construction of approved residential and commercial developments are underway throughout East Providence. The city continues to update its regulations to encourage infill development along commercial corridors where infrastructure exists, such as roads, water, and sewer lines. The combination of mixed-use zoning, allowing higher densities along commercial corridors, and the high quality
Providence, RI Hope & Main, the culinary industry incubator, has purchased the 27,000 s/f mixed-use property at 945 Westminster St., in the West End neighborhood. The operation will be known as Hope & Main Providence, an extension of the company’s original training/production/marketing facility in Warren and their downtown Makers Marketplace
Providence, RI The commercial real estate division of Bank Rhode Island (BankRI) provided $2.6 million in financing to Walter Bronhard Real Estate for the development of a multi-unit residential property on Planet St. Construction is underway and the resulting apartments will be utilized as housing for students.
Providence, RI Mayor Brett Smiley named Joe Mulligan as director of planning for the city. Mulligan brings over 30 years of service in planning, design and construction to the Smiley administration. Through Mulligan’s career, he has amassed experience in almost every part of the planning and development process, from working through initial designs
Warwick, RI Skypath Security Inc. leased 4,000 s/f of the first floor of 42 Ladd St. located in the Hill and Harbour district. Skypath ocupies the Greenwich Mills with plans to grow into nearly 19,000 s/f with its existing pipeline of clients.
Providence, RI Paolino Properties acquired 70 Kennedy Plaza, known as the Peoples Savings Bank Building. Built in 1947, the building sits between Kennedy Plaza and Westminster St. The closing date for the acquisition was March 1, 2023.
Cranston, RI Carole Scaralia of Albert Realtors was the listing broker of 11 Auburn St., a 7,200 s/f commercial mixed-use building. The selling agent was Jimmy Rainieri of Empire Real Estate Group. The sale price was $755,000. The seller was Econ Properties LLC and the buyer was Bordello Realty LLC.
East Providence, RI The Foncellino Team at Coldwell Banker Commercial listed and leased a 3,000 s/f retail unit at Forbes Sq., 1235 Wampanoag Trail. The tenant is a new franchisee for Fred Astaire Dance Studios. They will be remodeling the space to meet their needs.
Pawtucket, RI Mayor Donald Grebien joined governor Dan McKee, lieutenant governor Sabina Matos, U.S. senators Jack Reed and Sheldon Whitehouse, congressmen David Cicilline and Seth Magaziner, secretary of state Gregg Amore, general treasurer James Diossa, and Central Falls council president Bob Ferri, for the grand opening of
East Providence is investing in public infrastructure to become more environmentally and economically resilient. The city is leveraging municipal funds to obtain grant funding from state and federal agencies to accomplish the goal of supporting existing and future economic growth. Through targeted investments in protecting natural resources
