Providence

RI News
9:07 am
Thu April 16, 2015

Rhode Island Foundation Names 2015 'Innovation Fellows'

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.

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On Politics
1:58 pm
Wed April 15, 2015

PawSox: Providence Ballpark Would Cost State About $2M Per Year

An artist rendering of the PawSox stadium in Providence.

The debate over the Pawtucket Red Sox and a public subsidy to help keep the team in Rhode Island began in earnest Wednesday as PawSox ownership unveiled their much-anticipated plan for a $70 million ballpark next to the Providence River. According to the proposal, a 30-year lease/sublease agreement would have a net cost to the state of about $2 million a year.

PawSox ownership said its proposal does not include issuing any bonds or public debt, and that the team will pay for the full cost of the design and construction of its envisioned 10,000 seat ballpark.

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On Politics
4:08 pm
Mon April 13, 2015

Skeffington to Unveil Details Wednesday on Proposed Providence Ballpark

Credit RIPR file photo

The waiting is almost over for details on the Providence ballpark envisioned by the new ownership of the Pawtucket Red Sox.

Boston Red Sox president and CEO Larry Lucchino was initially slated to join PawSox president James Skeffington for an unveiling of the team's ask Wednesday at 2 pm at the Greater Providence Chamber of Commerce. Lucchino will instead be at Fenway Park for a 1 pm Red Sox game set to include an observation of the two-year anniversary of the Boston Marathon bombing.

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RI News
8:58 am
Thu April 9, 2015

Development Commission Head Testifies Before State Lawmakers

Former I-195 land sits vacant along the Providence waterfront. The new PawSox owners hope to use this land for a new 10,000 seat stadium.
Credit John Bender / RIPR

The head of the panel redeveloping former highway land in Providence says she’s hopeful that new approaches will spark more proposals for the site. I-195 Commission director Jan Brodie testified before a state Senate committee Wednesday.

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Business
9:29 am
Wed April 8, 2015

GTECH Becomes IGT As Merger Is Finalized

Providence-based GTECH has officially changed its name to International Game Technology, after a merger with a British company of that name. Officials from IGT rang the bell at the New York Stock Exchange on Tuesday, where the combined companies began trading for the first time. IGT Vice President Bob Vincent said Providence will continue to house the company’s lottery headquarters and provide corporate support.

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