113 replies to this topic

[Frankie811]

http://www.projo.com...ex.da9a0d3.html

[ArtInRuins]

Frankie811, on Oct 1 2005, 06:06 AM, said:

http://www.pbn.com/c...s.php/id/117018

You must be a subscriber to get this story... could you paraphrase?

Frankie811, on Oct 5 2005, 10:55 AM, said:

http://www.projo.com...ex.da9a0d3.html

I agree with this story... PVD has been doing a much better job courting developers for residential real estate, and much less of a job courting new busninesses... is the thinking that once more people live here, business will want to locate here? or will the price of space just get higher, too high for businesses to move in?

[Frankie811]

ArtInRuins, on Oct 10 2005, 10:11 PM, said:

You must be a subscriber to get this story... could you paraphrase?

No, I am not a subscriber. It's free. Oh, I see the problem. Most stories only last a week, usually ending over the weekend, then you must use the archives.  You must come around more often  

Edited by Frankie811, 11 October 2005 - 04:08 AM.

[MikeR]

I was watching Newsmakers on Ch. 12 early Sunday.  Gov. Carcieri spoke w/ Jack White on this subject.  Carcieri's position is to hold onto the building in the short term, then sell.  He pointed out that with the GTech building, the new Marriott hotel going into the Masonic Temple, and the new condos going up at Waterplace, the building would be worth more on the open market after these projects are completed.

[Garris]

MikeR, on Oct 11 2005, 05:00 AM, said:

I was watching Newsmakers on Ch. 12 early Sunday.  Gov. Carcieri spoke w/ Jack White on this subject.  Carcieri's position is to hold onto the building in the short term, then sell.  He pointed out that with the GTech building, the new Marriott hotel going into the Masonic Temple, and the new condos going up at Waterplace, the building would be worth more on the open market after these projects are completed.

Shockingly, that actually makes a good deal of sense...  

- Garris

[Magellan98]

Garris, on Oct 11 2005, 11:02 AM, said:

Shockingly, that actually makes a good deal of sense...  

- Garris

Though Gov. Carcieri may not be the most progressive or urban-minded thinker (e.g Let's move state offices to Cranston).  The one thing I can't fault him for is his business prowess and fiscal responsibility.  Though he can be annoying at times, I am very glad we have a govenor like him to help keep the goons in the General Assembly in check.

[TheAnk]

Is there any truth to the rumor that Fidelity Investments is buying this vacant building?

[virgo20]

TheAnk, on Oct 26 2005, 01:38 PM, said:

Is there any truth to the rumor that Fidelity Investments is buying this vacant building?

  Log on to msn.com and type in any Providence zip code. Click on news front. Yhey are moving into the AMEX building and bringing in hundreds of jobs. I guess I'll be a cheerleader today.

[Frankie811]

http://www.turnto10....?subid=10101342

[provid]

ABC also had a story running i think however I missed it.

[Recchia]

I've been waiting to use this icon:  

[Cotuit]

Very good news indeed!

[Recchia]

Fidelity is just using it until they complete expansion of their corporate campus in Smithfield....   But anyway, that expansion will bring 1,100 more jobs to the state anyway, just too bad it will be in Smithfield and not Providence.  

http://www.projo.com...27.bdca994.html

[MikeR]

Gov. Carcieri was on Ch 12's newsmakers a few weeks ago.  The late Jack White asked him a question regarding the controversy over the General Assembly wanting to buy the building, etc.  Carcieri basically responded with the new GTech HQ, the new Marriott hotel, and other downdown developments, the building would be worth more to sell in a few years than unloading it now.  He seemed a bit vauge and evasive when responding to Jack White's question, and it made me wonder if there was something in the works already.  It looks like this lease was cooking in the works when Carcieri was on the show.  But anyway, its' good news.  The pension fund gets a new tenant for 3 years, and with all the new construction going around the building, it will become more attractive to potential leasers/buyers when this lease expires in 3 years.

[Frankie811]

MikeR, on Oct 27 2005, 06:53 AM, said:

Gov. Carcieri was on Ch 12's newsmakers a few weeks ago.  The late Jack White asked him a question regarding the controversy over the General Assembly wanting to buy the building, etc.  Carcieri basically responded with the new GTech HQ, the new Marriott hotel, and other downdown developments, the building would be worth more to sell in a few years than unloading it now.  He seemed a bit vauge and evasive when responding to Jack White's question, and it made me wonder if there was something in the works already.  It looks like this lease was cooking in the works when Carcieri was on the show.  But anyway, its' good news.  The pension fund gets a new tenant for 3 years, and with all the new construction going around the building, it will become more attractive to potential leasers/buyers when this lease expires in 3 years.

http://www.ri.gov/GO...hp?rss=1&id=705

[Frankie811]

http://www.pbn.com/c...s.php/id/117536

[Frankie811]

http://www.projo.com...jk.cdf7581.html

[Frankie811]

http://www.projo.com...7.12c406a6.html

[Frankie811]

http://www.projo.com...8.17ef6fa4.html

[Recchia]

Fidelity to rent Amex building for $18/square foot

Quote

Fidelity has agreed to directly pay the utility costs and taxes on the building, according to the lease.

"There are no discounts, no tax incentives," said Paul J. Tavares, the state's general treasurer and chairman of the pension fund. "I think it's a good deal for both parties."

^Wow!  Is this RI?  Oh yeah, it's temporary....400 employees will move in starting in June, til the Smithfield CAMPUS is complete...