Governor Raimondo, several members of her Administration to participate, along withRealtor.com’s Chief Economist and leaders from several Northeastern cities
June 11, 2016 – In the two years since the last Power of Place Summit, Rhode Island has turned some important corners. The state’s economy is on the rebound, the real estate market is performing better and knee-jerk negativity about Rhode Island’s future prospects, though still far too prevalent, is diminishing, according to Scott Wolf, Executive Director of Grow Smart RI.
The upcoming Summit will take place Tuesday, June 21st from 8:00 a.m. to 4:00 p.m. at the Rhode Island Convention Center. The theme of this biennial gathering of business, civic and government leaders and community stakeholders is “Showcasing Revitalization Strategies with Economic Staying Power”. Online registration remains open until noon on June 20th.
The daylong event will feature a keynote presentation by Jonathan Smoke, Chief Economist atRealtor.com. Last December,Realtor.com named Metro Providence the #1 real estate market to watch in 2016, ahead of booming markets such as San Diego, New Orleans, Charlotte and even Boston. Attendees will hear why Metro Providence earned a spot as one of the red hot places for real estate in the nation, how the market has actually performed, what’s been driving the increased activity and what it means for the continued revitalization of communities from Woonsocket to Westerly?
There will also be sixteen workshop panels throughout the day with nearly 70 speakers covering a range of community development topics including the status and performance of Rhode Island’s new economic development incentives and tools, the options for how best to rebuild the 6/10 corridor, how Rhode Island communities can become more resilient in the face of increasing sea level rise and lessons learned from revitalization successes in several smaller northeastern cities, including Lancaster, PA, New Britain, CT and Attleboro, MA.
Seven awards will be presented for Outstanding Smart Growth Leaders, Projects and Policies that are moving Rhode Island in a positive direction when it comes to tapping more of the state’s potential, playing to its strengths, enhancing economic opportunity and improving quality of life. This year’s awards will go to Neighborworks Blackstone River Valley, The Providence Foundation, The Fred Lippitt Woonasquatucket River Greenway, The Foundry Corporate Office Center & Promenade Apartments, the Providence Community Health Centers, Tiverton Public Library and the City of Woonsocket.
More on the Summit, including registration, can be found at www.GrowSmartRI.org.