News: Rhode Island

The Smart Growth America Local Leaders Council

I was pleased to have been asked recently to serve as a member of the advisory board of the Smart Growth America Local Leaders Council, a non-partisan group of local elected officials who are committed to building and strengthening communities throughout the country. Our first Strategy Summit was held several weeks ago inWashington, D.C. The Local Leaders Council is a new national network of local elected leaders, representing a diverse array of communities, who are committed to using "smart growth" techniques within their communities to help them compete and thrive in the current economy, create vibrant spaces in which to live and work and provide good transportation and housing choices for their citizens. Responsibilities of the council's advisory board's two dozen members include traveling regionally and nationally to share their communities' stories, helping shape activities and direction of the new Local Leaders Council, convening for the annual strategy summit, and advising and assisting communities that want to emulate successful programs and share best practices. We also gain access to policy development and implementation assistance, along with other benefits. Oklahoma City Mayor Mick Cornett and Cincinnati Mayor Mark Mallory are board co-chairmen. I firmly believe that smart growth practices are critical components to ensuring and preserving a good quality of life within a community, which is why, throughout my tenure as mayor, affordable housing, brownfields remediation, creation and improvement of parks, protection of open space, public health initiatives and making neighborhoods more pedestrian friendly have been priorities. Our commitment to these principles earned our Warwick Station Development District and Master Plan, a 2012 Outstanding Smart Growth Plan Award. Smart Growth America is the only national organization dedicated to researching, advocating for, and leading coalitions to bring smart growth practices to more communities nationwide. To learn more, visit www.smartgrowthamerica.org. Scott Avedisian is the mayor of Warwick and the chairman of the RIPTA board of directors.
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Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
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.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary