Quonset Business Park has established itself as the leading engine of economic development and job creation in Rhode Island, hosting nearly 12,000 jobs and over 200 companies. Electric Boat, a producer of nuclear submarines for the United States Navy, is the business park’s largest company, employing thousands at their Quonset facility.
West Warwick, RI Arpin Group has promoted Slawomir Mitak from senior software developer/engineer to director of software development. In his new role, Mitak will be
East Providence, RI Chris Greenman and Neil Amper, SIOR of Capstone Properties sold a 28,520 s/f industrial building located at 101 Dexter Rd. The property was sold to Central Paper of Pawtucket. It represents an
Vibrant downtown districts are vital to the economic fabric of any community. Like many places, East Providence’s downtown areas have experienced dramatic changes in recent decades as a result of shifts in the buying habits of Americans and other competitive factors that have led to the decline of traditional, local businesses that serve the community.
Providence, RI Hasbro Children’s Hospital and The Izzy Foundation unveiled a new 950 s/f pediatric surgical family waiting room on the hospital’s second floor. The space offers families of children undergoing surgery at Hasbro Children’s a modern waiting room to spend their time during a loved one’s procedure.
The economic development engine is churning in Pawtucket. The Providence-based Rhode Island Monthly, an acclaimed glossy monthly magazine about life in Rhode Island and Southeastern Massachusetts, will shortly relocate to the city, joining Pawtucket-based Providence Media, the publishers of
Earlier this month, I was joined by members of the city council as I announced my intention to introduce legislation before the city council in support of my new, citywide “Roadway Improvement Initiative.” This would provide roughly $16.4 million in
North Kingstown, RI The YMCA of Greater Providence sold the West Bay YMCA located at 7540 Post Rd. to Ocean State Job Lot Charitable Foundation for $1 million. The 20,000 s/f wellness center has been refurbished by the buyers.
Warwick, RI The Ann Foncellino team of Coldwell Banker commercial division listed and sold 335E Centerville Rd., building 5 for $540,000. The buyer was represented by Aaron Bishop of CRESA Properties.
Providence, RI Rhode Island Infrastructure Bank hosted over 350 people at their 3rd annual Rhode Island Infrastructure Summit last week. The event, held at the R.I. Convention Center, brought together government officials and professionals from a variety of disciplines for panel discussions on state and local infrastructure
Providence, RI Michael Alves of Keller Williams Elite Commercial Realty brokered two sales totaling $875,000. Alves sold 8 units at 68-70 Russo St. in Providence for $575,000. The buyer was Global Facilities Group of America, LLC. The seller was WTL Realty.
North Smithfield, RI The Ann Foncellino team of Coldwell Banker commercial division and Bob Barrera and Chris Dalti of Keller Williams Realty Leading Edge sold the industrial building located at 229 Quaker Hwy. for $1.8 million.