Two economists take differing views of the PawSox’ proposal to build a stadium in downtown Providence. One says the plan would bring strong potential for economic development. But as Rhode Island Public Radio’s Elisabeth Harrison reports, another economist says the public investment isn’t worth it.
Victor Matheson studies the economics of sports and gaming at College of the Holy Cross in Worcester. He takes a skeptical view of the PawSox proposal to spend some $85 million on a baseball park on the Providence waterfront.
The Paw Sox play their home opener against Rochester Thursday evening at McCoy Stadium. With new owners planning to move the team, Pawtucket Mayor Donald Grebien says it’s a bittersweet start to the season.
“We’re encouraging everybody to go to the games, let people know how much you care about the organization,” said Grebien. “But when they’re there don’t be afraid to comment, or write a letter, or put in the comment cards how disappointed you are that they aren’t staying in Pawtucket.”
Grebien says there was no communication about opening day events.
The Rhode Island Foundation has announced the winners for this year’s innovation fellowships. The program is aimed at sparking new ideas for the state. The award comes with a $300,000 grant.
This year’s two winners include John Haley, a scientist specializing in marine fisheries. He’s working on a product to improve mussel aquaculture. It’s a kind of cord that’s “pre-loaded” with mussel larvae to speed up the cultivation time for mussel farmers.
The state’s management plan that zones offshore waters for renewable energy projects is getting an update. The first public meeting for stakeholders is happening Thursday at the University of Rhode Island.
The Ocean Special Area Management Plan, or SAMP for short, is a planning tool that allows the state to balance both the economy and the environment as it pursues offshore energy projects. It includes about 15-hundred square miles of portions of Block Island Sound, Rhode Island Sound, and the Atlantic Ocean.