News: Front Section

The city of Providence launches online permitting known as ProvSmart

The city of Providence has moved its plan-review and permit-application processes online. The new system, "ProvSmart," is expected to improve efficiency and turnaround times for local developers, and fulfills a key component of mayor Angel Taveras' 20-point economic development action plan, Putting Providence Back to Work. "The launch of online permitting makes it easier to do business in Providence," said Taveras. "For many years, developers have called for a faster, more efficient permitting process in Providence. We have listened, and establishing a web-based permitting process was one of the top five goals of my economic development action plan." The ProvSmart website, http://provsmart.smartapp.com/publicfacing/main, allows online application submissions, electronic status updates and response-time estimates. The website enables the city to review permits while allowing developers to simultaneously track the progress of their permit applications in real time. The website is accessible by desktop computer, tablet computer and smart phone. For developers with multiple projects, the external-facing website provides a customized dashboard that allows for the viewing and tracking of more than one project simultaneously. "We are working to support the location and growth of businesses in Rhode Island's Capital City," said economic development director James Bennett. "This new technology expedites the entire permitting process and reduces regulatory burdens for businesses looking to start and grow in Providence." The city has also installed a permitting kiosk at the Department of Inspections and Standards, located in the Joseph A. Doorley Municipal Building at 444 Westminster St., and plans to install at least one additional kiosk. City staff will be available to assist developers with the kiosks. To streamline the permitting process internally, the city has created a new unit in the Department of Inspections and Standards (DIS) that focuses exclusively on small-permit application review to ease backlogs in the permit review process and to fast-track smaller permit applications.
MORE FROM Front Section
Front Section

McEvoy of The Conrad Group brokers $2.9 million sale of industrial building

Hingham, MA The Conrad Group  has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett

>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
Newmark negotiates sale of  10 Liberty Sq. and 12 Post Office Sq.

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.