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									                                                                                                                    Major Real Estate Development Projects Completed, Underway or Planned in Rhode Island
                                                                                                                                                     Updated: April 2008


                                                                                                                                                                                                                                                                                                                              COMPANY CONTACT
CITY             PROJECT NAME/ COMPANY               DESCRIPTION                                                                                    TYPE                        TYPE OF ACTIVITY                  STATUS                                     DEVEL OPMENT COST $$         DEVEL OPER/        OWNER                                          DATE COMPL ETED
                                                                                                                                                                                                                                                                                                                              INFO




B arrin g to n   Win d Tu rb in e                    New wind powered turbine to concerve energy for the town                                       Residential                 New Construction                  Announced                                                  $2,400,000                                Town


                                                                                                                                                                                                                                                                                                                       East Bay Community
                                                     23 buildings fostering 47 new affordable housing units on the old Barrington Elementary                                                                                                                                                   The East Bay Community Development Corporation
B arrin g to n   Wash in g to n Ro ad Pro ject                                                                                                      Residential                 New Consturction                  Under Construction                                        $13,000,000
                                                     School site complete with porches and parking in the rear.                                                                                                                                                                                Development Corporation 150 Franklin Street
                                                                                                                                                                                                                                                                                                                       Bristol, RI 02809
                                                                                                                                                                                                                                                                                                                       401) 253-2080

                                                     Redevelopment of mill complex into 98 condominium units, commercial space and a                Mixed-Use Commerical/
B risto l        Ro b in Ru g Mill                                                                                                                                              Rehabilitation                    Proposed                                                                Russell Karian, Owner
                                                     textile manufacturing museum.                                                                  Residential



                                                     Tranformation of the former Harriet Bradford Inn & abuttiing parcels into 22 luxury
B risto l        Harriet B rad fo rd In n                                                                                                           Commercial/   Residential   Rehabilitation                    Design                                                     $8,000,000 Brenton Realty Investments            New York
                                                     condos




B risto l        Ro g er William s Un iversity       shellfish production and will feature new laboratories, a research library and greenhouse      Educational                 New Construction                  Under Construction                                         $3,000,000 Roger W illiams University            Bristol, RI
                                                     facilities.


                                                                                                                                                                                                                                                                                                                              Bristol, RI
B risto l        Hall Sp ars & Rig g in g            New manufacturing facility for maker of sailboat components                                    Commercial                  New Construction                  Completed                                                  $4,800,000 Hall Spars                                                             Spring 2005
                                                                                                                                                                                                                                                                                                                              401-253-4858


                                                     Elder and affordable housing units, library, healthcare facility, commercial space and         Commercial/ Residential/                                                                                                              Burrillville Redevelopment           Tom Kravitz
B u rrillville   Stillw ater Mill Co m p lex                                                                                                                                    Rehabilitation/New Construction   Under Construction                                        $14,700,000
                                                     riverwalk                                                                                      Public Use                                                                                                                            Agency -                            (401) 568-4300     ext. 130



                                                     160 residential units (apartments & condos) along the scenic Pawtuxet River; existing                                                                                                                                                Jerry Diodati
Co ven try       Harris Mill                                                                                                                        Residential                 Rehabilitation                    Design                                                     $1,500,000                                       Johnston, RI
                                                     hydrelectric plant to generate electrical power.                                                                                                                                                                                     Construction Services


                 Rh o d e Islan d Mo to r Sp o rts   Proposal to develop a motor sports park, a system of trails for riding all-terrain vehicles,                                                                                                                                         Sean Dagesse, Rhode Island
Co ven try                                                                                                                                          Commercial                  New Construction                  Proposed                                                                                                    Narragansett, RI
                 Park L L C                          on 30 wooded acres on Flat River Road west of Route 102.                                                                                                                                                                             Motor Sports Park LLC


                 Fo rm er Paw tu xet Valley                                                                                                                                                                                                                                               Henry Priest, Nine Howard
Co ven try                                           Rehabilitation of mill complex into 49-unit condominium development on a 9.5 acre site         Residential                 Rehabilitation/New Construction   Under Construction                                        $10,000,000                                       Cranston, RI
                 Dyein g Co m p an y                                                                                                                                                                                                                                                      Development LLC

                                                     125 apartment units, 15 studio lofts, 38 one-bedroom units, 62 two-bedroom units and 10
                                                                                                                                                                                                                                                                                          Thomas Neimann, Neimann
Co ven try       An th o n y Mill                    three-bedroom units as well as 22,000 square feet of office, retail and restaurant space Mix-Use                           Rehabilitation/New Construction   Proposed
                                                                                                                                                                                                                                                                                          Capital
                                                     and complete with a gym and community room.
                                                                                                                                                                                                                  Completed: Home Depot, W al-Mart, BJ
Co ven try &                                                                                                                                                                                                      W holesale and smaller stores; 300-unit
                                                     A 480-acre mixed-use development aside Interstate 95 including hotel, offices, retail,                                                                                                                                               Nicholas Cambio Universal
West             Cen tre o f New En g lan d                                                                                                         Mixed-Use                   New Construction                  apartment complex (Grande Ville at                        $10,000,000                                       RI
                                                     residential and light industrial.                                                                                                                                                                                                    Properties, Inc.
Green w ich                                                                                                                                                                                                       Greenwich), and 311-unit condominium
                                                                                                                                                                                                                  development (Highlands at Hopkins Hill).



Cran sto n       K am co Su p p ly Co rp             Distribution Facility - 80,000 s.f. office & warehouse space                                   Commercial                  New Construction                  Under Construction                                                      Kamco Supply Corp                   RI




Cran sto n       Park Cin em a                       Restoration of the theater, upscale restaurant, & coffee shop.                                 Commercial                  Rehabilitation/New Construction   Under Construction                                         $6,000,000 Piyush Patel,




Cran sto n       Tyco Fire & B u ild in g Pro d u cts Global Technology Center - Research, Education & Training Center                              Commercial                  Rehabilitation/New Construction   Completed                                                  $5,000,000 Tyco Fire & Building Products         RI                             December 2006



                                                     Mixed-use retail, office and residential center involving rehabilitation of former state
                                                     training school & several newly-constructed buildings on 30 acres (Retail: 240,000                                                                                                                                                                                       Johnston, RI
Cran sto n       Ch ap el View                                                                                                                      Commercial/   Residential   New Construction                  Under Construction                                        $75,000,000 Carpionato Properties                                                December 2006
                                                     square feet, Housing: 55,000 square feet, Offices: 80,000 square feet)                                                                                                                                                                                                   401-273-6800




                                                                                                                                                                                                 Page 1 of 12
                                                                                                                   Major Real Estate Development Projects Completed, Underway or Planned in Rhode Island
                                                                                                                                                    Updated: April 2008


                                                                                                                                                                                                                                                                                                     COMPANY CONTACT
CITY             PROJECT NAME/ COMPANY                DESCRIPTION                                                                                   TYPE                        TYPE OF ACTIVITY                  STATUS               DEVEL OPMENT COST $$         DEVEL OPER/        OWNER                                        DATE COMPL ETED
                                                                                                                                                                                                                                                                                                     INFO


Cran sto n ,
East Pro v,                                                                                                                                                                                                                                                                                          Providence, RI
                 Citizen s B an k                     Rehabilitation and expansion of several financial services facilities                         Commercial                  Expansion                         Completed                           $40,000,000 Citizens Bank                                                        Spring 2006
Sm ith field ,                                                                                                                                                                                                                                                                                       401-455-5942
Warw ick

                                                                                                                                                                                                                                                                    Andreas Rapp, President,
                 Po lyrack No rth Am erican           New 15,000 s.f. office & manufacturing facilty (Phase 1). Phase II will add an additonal
Cu m b erlan d                                                                                                                                      Commercial                  New Construction                  Completed                                         Polyrack North American
                 Co rp o ratio n                      10,000 s.f.
                                                                                                                                                                                                                                                                    Corporation


                 Cu m b erlan d Co m m erce
                                                      New 94,000 s.f. office building designed to accommodate national and regional                                                                                                                                 Economic Development
Cu m b erlan d   Cen ter - Hig h lan d Co rp o rate                                                                                                 Commercial                  New Construction                  Announced                            $6,000,000                                    Cumberland
                                                      companies seeking sales and service offices in RI                                                                                                                                                             Foundation of RI
                 Park


                                                      Construction of a new 27,000 sf manufacturing and warehouse building in the Highland
Cu m b erlan d   Neu ro tech USA, In c.                                                                                                             Commercial                  New Construction                  Announced                            $5,600,000 Neurotech USA                      Lincoln, RI
                                                      Corporate Park


                                                      One & two bedroom apartments, fitness center, wireless internet, abutting Blackstone                                                                                                                          Forest City Enterprises
Cu m b erlan d   Ash to n Mills                                                                                                                     Residential                 Rehabilitation/New Construction   Completed                           $45,000,000
                                                      Bikeway                                                                                                                                                                                                       (401) 335-4567



East             Fo rm er On Sem i-Co n d u cto r
                                                      Renovation of 115,000 sf builiding located on 22 acres - South County Trail                   Commercial                  Rehabilitation/New Construction   Under Construction
Green w ich      Pro p erty


East
                 Stan ley Fasten in g System s        Four phase renovation and expansion                                                           Commercial                  Rehabilitation/New Construction   Under Construction                   $7,900,000
Green w ich

                                                      New England Institute of Technology plans a new campus alongside Interstate 95; the
East             New En g lan d In stitu te o f
                                                      school has acquired a new 200,000 sf office building on the site that was originally slated   Commercial                  New Construction                  Completed                           $25,700,000 NEIT                                                                  Fall 2006
Green w ich      Tech n o lo g y Cam p u s
                                                      to be the headquarters of Brooks Pharmacy

East
                 Wo o d s at East Green w ich         Single Family units                                                                           Residential                 New Construction                  Completed                                         Toll Brothers                    Horsham, PA
Green w ich

                                                                                                                                                                                                                                                                                                     225 Friend Street 7th Floor,
East                                                  240 loft style residential units, 38,500 s.f. of commerical including restaurant and health                                                                                                                   John Fenton, Pres.
                 Ph illip sd ale L an d in g                                                                                                        Commercial/   Residential   Rehabilitation/New Construction   Under Construction                  $75,000,000                                    Boston MA 02114 | Ph:
Pro vid en ce                                         club on the Seekonk River                                                                                                                                                                                     Essex River Ventures
                                                                                                                                                                                                                                                                                                     617.742.2299

East                                                                                                                                                                                                                                                                Chevron & Picerne Real Estate
                 Fo rm er Ch evro n Pro p erty        250 luxury apartments, 20,000 s.f.. commercial, and 150 slip marina                           Commercial/   Residential   New Construction                  Design                             $150,000,000                                 RI
Pro vid en ce                                                                                                                                                                                                                                                       Group


East                                                                                                                                                                                                                                                                Coastal Medical           421-
                 Co astal Med ical                    New office building on Warren Avenue                                                          Commercial                  New Construction                  Completed                            $6,000,000                                    Providence, RI                  December 2006
Pro vid en ce                                                                                                                                                                                                                                                       4000



East
                 Riversid e Plaza                     Willet Avenue                                                                                 Commercial                  Rehabilitation/New Construction   Completed                            $1,900,000 Lisco Development                  Providence, RI
Pro vid en ce



East                                                  148-unit continuing care facility: 52-skilled nursing; 66-assisted living; 30-Alzheimer's                                                                                                                                                      Richard Lappin
                 To ckw o tto n Ho m e                                                                                                              Commercial                  New Construction                  Design                              $41,000,000 Tockwotton Home
Pro vid en ce                                         units & 3 office/commercial bldgs (68,200 s.f..)                                                                                                                                                                                               401-272-5280


                                                                                                                                                                                                                                                                                                     30 Forbes Rd.,
East
                 Asp en Aero g els                    Renovation of 143,000 sf facility for manufacturing of high-tech insulation material          Commercial                  Rehabilitation/New Construction   Completed                           $30,000,000 Aspen Aerogels, Inc.               Northborough, MA
Pro vid en ce
                                                                                                                                                                                                                                                                                                     (508) 691-1111



East
                 B rad ley Ho sp ital                 New 44,000 sf building with 60-bed capacity for mentally-disabled children                    Medical                     New Construction                  Under Construction                  $31,000,000 Bradley Hospital                   East Providence, RI
Pro vid en ce




                                                                                                                                                                                               Page 2 of 12
                                                                                                                 Major Real Estate Development Projects Completed, Underway or Planned in Rhode Island
                                                                                                                                                  Updated: April 2008


                                                                                                                                                                                                                                                                                                COMPANY CONTACT
CITY             PROJECT NAME/ COMPANY                DESCRIPTION                                                                                 TYPE                        TYPE OF ACTIVITY                  STATUS               DEVEL OPMENT COST $$         DEVEL OPER/       OWNER                                     DATE COMPL ETED
                                                                                                                                                                                                                                                                                                INFO



East
                 Du n kin Do n u ts B akery           Bakery facility for several satellite operations                                            Commercial                  New Construction                  Completed                            $1,300,000 Ocean State CPL John Justo      Providence, RI
Pro vid en ce

East
Pro vid en ce,
                 B an k o f Am erica                  Large call-center facility                                                                  Commercial                  Rehabilitation/New Construction   Completed                           $60,000,000 Bank of America                 RI                              October 2005
L in co ln &
Pro vid en ce

                                                      Mixed Use Development - 133 Residential Units (condos & apartments), 62,000 s.f..
East
                 Ru m fo rd Cen ter                   commercial space, 6,000 s.f.. retail (Offices & Convenience Store, Community Center w/      Commercial/   Residential   Rehabilitation/New Construction   Under Construction                  $50,000,000 Peregrine Group, LLC            East Providence, RI
Pro vid en ce
                                                      pool).


                                                                                                                                                                                                                                                                                                c/o Greenberg/Taurig,
                                                      Mixed-use development of 495 residential units, 30,000 sf of retail/ restaurant space, and
East                                                                                                                                                                                                                                                              Bob Everton - Project Manager 200 Park Avenue,
                 Easte Po in te                       45,000 s.f. of office space. Also 1,300 parking spaces, public park and 150-slip marina    Commercial/    Residential   New Construction                  Design                             $200,000,000
Pro vid en ce                                                                                                                                                                                                                                                     - Geo Nova Development        New York, NY
                                                      planned.
                                                                                                                                                                                                                                                                                                Local Office: 508-699-7731


East                                                                                                                                                                                                                                                                                            East Providence, RI
                 Ro ss Co m m o n s                   54-unit condominium complex                                                                 Residential                 New Construction                  Completed                           $10,000,000 Peregrine Group, LLC
Pro vid en ce                                                                                                                                                                                                                                                                                   (401) 270-0600

East
                 Ald i Market                         Renovation of Super Market                                                                  Commercial                  Rennovation                       Under Construction                    $350,000
Pro vid en ce

East
                 PK New m an                          Renovation of existing 4 unit mill building                                                 Commercial/Residential      Rehabilitation                    Under Construction                    $215,104
Pro vid en ce

East
                 Em m es                              Interior retail renovation                                                                  Commercial                  Rennovation                       Under Construction                    $488,966
Pro vid en ce

East
                 Wo lf Sch o o l                      Additonal classroom being added to the Wolf School                                          Educational                 New Construction                  Under Construction
Pro vid en ce

East
                 Rite Aid                             Interior retail renovation                                                                  Commercial                  Rennovation                       Under Construction
Pro vid en ce

East
                 Sto p & Sh o p                       New Stop and Shop Stre                                                                      Commercial                  New Construction                  Under Construction
Pro vid en ce

East
                 Gatew ay Mid lan d In c.             new roofing ststem on portion of plaza                                                      Commercial                  Rennovation                       Under Construction                    $375,000
Pro vid en ce

                 No rth w est Co m m u n ity Health
Fo ster                                               Community Health Center - Route 44                                                          Commercial                  New Construction                  Announced                            $1,100,000 Peter Bancroft, CEO
                 Care


Glo cester       Sen io r Cen ter                     Located at the intersection of Putnam Pike & Rt. 100                                        Commercial                  New Construction                  Under Construction                   $2,300,000 Town


                                                                                                                                                                                                                                                                                                31 Connecticut Avenue,
                                                      Two manufacturing bldgs. One is 16,000 s.f. with an addition of 15,000 s.f. & a second is
Ho p kin to n    Am erican K u h n e                                                                                                              Commercial                  New Construction                  Under Construction                   $2,000,000 American Kuhne                  Norwich, CT 06360
                                                      25,000 s.f. at Exit 1 & Main Street
                                                                                                                                                                                                                                                                                                (860) 886-7745

                                                                                                                                                                                                                                                                                                185 S Broad St., Pawcatuck,
Ho p kin to n    Hi-Tech Pro files                    New manufacting building at Exit 1                                                          Commercial                  New Construction                  Design                               $6,000,000 Hi-Tech Profiles                CT, 06379     (860) 599-
                                                                                                                                                                                                                                                                                                0500

                                                      New 200,000 sf studio with eight stages as well as 100 acres of prodution, office and lot
Ho p kin to n    Rh o d e Islan d Stu d io s                                                                                                      Commercial/ Residential     New Construction                  Proposed                            $75,000,000 Rhode Island Studios            Hopkinton, RI
                                                      space off Rt 95 at exit 2 and a 150 room hotel

                                                                                                                                                                                                                                                                                                Steven Zenofsky, Manager,
                                                      New 340,000 sf headquarters building for one of the nation's largest property insurance
Jo h n sto n     FM Glo b al Head q u arters                                                                                                      Commercial                  New Construction                  Under Construction                  $60,000,000 FM Global                       Public Relations
                                                      companies
                                                                                                                                                                                                                                                                                                (401) 275-3000, x. 1945

                                                                                                                                                                                                                                                                                                6300 W ilson Mills Road
Jo h n sto n     Pro g ressive In su ran ce           New 18,000 sf center to house claims offices                                                Commercial                  New Construction                  Completed                                         Progressive Insurance         Mayfield Village, OH 44143
                                                                                                                                                                                                                                                                                                (440) 461-5000




                                                                                                                                                                                               Page 3 of 12
                                                                                                              Major Real Estate Development Projects Completed, Underway or Planned in Rhode Island
                                                                                                                                               Updated: April 2008


                                                                                                                                                                                                                                                                                                                   COMPANY CONTACT
CITY             PROJECT NAME/ COMPANY             DESCRIPTION                                                                               TYPE                        TYPE OF ACTIVITY                  STATUS                                    DEVEL OPMENT COST $$            DEVEL OPER/         OWNER                                  DATE COMPL ETED
                                                                                                                                                                                                                                                                                                                   INFO


                                                                                                                                                                                                                                                                                                                   10 Greene Street,
                                                   Mixed-use development including 52 condominiums and retail space across from U.S.
Jo h n sto n     Atw o o d Aven u e                                                                                                          Mixed-Use                   New Construciton                  Planning                                             n/a                  Churchill & Banks             Providence, RI 02903
                                                   Post Office
                                                                                                                                                                                                                                                                                                                   (401) 273-8010

                                                                                                                                                                                                                                                                                                                   650 W esttown Road, P.O.
                                                   New 47,000 sf distribution hub on Shun Pike for Pennslyvania logistics company; 140                                                                                                                                                                             Box 564,        W est
Jo h n sto n     A Du ie Pyle In c                                                                                                           Commercial                  New Construction                  Under Construction                                          $11,600,000 A Duie Pyle Inc
                                                   new jobs                                                                                                                                                                                                                                                        Chester, PA 19381    (800)
                                                                                                                                                                                                                                                                                                                   523-5020
                                                                                                                                                                                                                                                                                                                   1 W ynnewood Road, Suite
                                                                                                                                                                                                                                                                                                                   200, W ynnewood, PA
L in co ln       L in co ln Mall                   Renovation/expansion of enclosed regional mall - 5 anchors, 80+ stores                    Commercial                  Renovation                        Completed                                                   $20,000,000 LB Lincoln Mall Holdings
                                                                                                                                                                                                                                                                                                                   19096               610-
                                                                                                                                                                                                                                                                                                                   552-6000


L in co ln       L in co ln Park /Tw in River      Renovation/expansion of former greyhound race track into multi-use commercial center      Entertainment/ Commercial   Rehabilitation/New Construction   Completed                                                  $220,000,000 BLB Investors LLC                                               Spring 2007




L in co ln       L in co ln Reserve                Carriage-style townhomes                                                                  Residential                 New Construction                  Completed                                                                 Toll Brothers                 PA




L in co ln       Sen io r Cen ter                  New 11,000 sf one floor senior center located on Old Jenckes Hill Rd                      Residential                 New Construction                  Proposed                                                     $3,000,000 Town                            Lincoln, RI




Mid d leto w n   Marrio tt Resid en ce In n        Marriott Residence Inn - 97 Room, 79,098 s.f. limited service hotel                       Commercial                  New Construction                  Under Construction; to open August 2007                      $8,700,000 Island Hotel Group, LLC




                 In tern atio n al Yach t          Building. The 30,000-square-foot building will house classrooms, workshops and                                                                                                                                                  Newport Collaborative
New p o rt       Resto ratio n Sch o o l /         assembly space, as well as a marine library for students and the public, and will lease   Commercial/Educational      Renovation                        Under Construction                                           $7,500,000 Architects and Farrar &         Newport, RI
                 Aq u id n eck Mill B u ild in g                                                                                                                                                                                                                                   Associates



                                                   Mid-rise luxury-condominium complex with stores and a restaurant on the ground floor
New p o rt       B ellevu e Gard en s                                                                                                        Commercial/   Residential   Rehabilitation/New Construction   Design                                                      $50,000,000 Bliss Properties, Inc.          Newport, RI
                                                   which include 43 condominium units & 45,000 s.f. of retail




New p o rt       Hillto p In n                     Bed & Breakfast                                                                           Commercial                  Rehabilitation                    Completed                                                    $5,000,000


                                                                                                                                                                                                                                                                                   Diane Hurley , Arthur Silvester,
                                                   Renovation of existing gaming facility for additional food and beverage expansion and
New p o rt       New p o rt Gran d                                                                                                           Commercial                  Rehabilitation                    Planning                                                    $20,000,000 Glenn Dempsey & Mountain         RI, FL, & Georgia
                                                   835 new video slot machines
                                                                                                                                                                                                                                                                                   Investments

                 New p o rt Harb o r Ho tel an d
New p o rt                                         Room renovation and upgrade meeting space. Add upscale suites.                            Commercial                  Renovation                        Completed                                                    $4,000,000
                 Marin a


New p o rt       Vikin g Ho tel                    Room renovation and upgrade meeting space. Add upscale suites.                            Commercial                  Renovation                        Completed                                                   $10,000,000



No rth                                             Proposed construction of a yacht-building, storage and repair yard on 43 acres at the
                 Islan d Glo b al Yach tin g                                                                                                 Commercial                  New Construction                  Proposed                                                   $150,000,000 Island Global Yachting          FL
K in g sto w n                                     Quonset Point Business Park.


No rth
                 Electric B o at                   Addition of 14,800 s.f.. to provide expanded manufacturing capabilities                   Commercial                  New Construction                  Completed                                                   $15,000,000
K in g sto w n


No rth           Hexag o n Metro lo g y No rth     Construction 110,000 s.f. bldg - North American corporate headquarters at Quonset                                                                                                                                                 Hexagon Metrology
                                                                                                                                             Commercial                  New Construction                  Completed                                                   $15,000,000                                 Sweden                        September 2006
K in g sto w n   Am erica                          Business Park                                                                                                                                                                                                                     920-906-7514

No rth                                                                                                                                                                                                                                                                                                             North Kingstown, RI
                 Ocean State Jo b L o t            Warehouse and storage facility for general merchandise retailer                           Commercial                  New Construction                  Completed                                                   $70,000,000 Ocean State Job Lot                                            January 2006
K in g sto w n                                                                                                                                                                                                                                                                                                     401-295-2674


                                                                                                                                                                                          Page 4 of 12
                                                                                                                 Major Real Estate Development Projects Completed, Underway or Planned in Rhode Island
                                                                                                                                                  Updated: April 2008


                                                                                                                                                                                                                                                                                                                       COMPANY CONTACT
CITY             PROJECT NAME/ COMPANY                DESCRIPTION                                                                                TYPE                        TYPE OF ACTIVITY                  STATUS                                      DEVEL OPMENT COST $$         DEVEL OPER/       OWNER                                      DATE COMPL ETED
                                                                                                                                                                                                                                                                                                                       INFO



No rth                                                                                                                                                                                                                                                                                  RIDOT/ W ickford Junction
                 Wickfo rd Statio n                   Train Service from Prov/Boston to Wickford Station. Intermodal stop with parking garage. Commercial                    New Construction                  Planning                                                   $36,000,000                                  RI
K in g sto w n                                                                                                                                                                                                                                                                          Plaza


No rth                                                                                                                                                                                                                                                                                  Fox Field LLC-Kevin O'Sullivan
                 Fo rm er AB C B u s Co .             42 duplexes and condominiums on 5 acre site                                                Residential                 New Construction                  Construction                                               $10,000,000                                  RI
Pro vid en ce                                                                                                                                                                                                                                                                           and Edward Imondi


No rth
                 Gen eva Mills                        65 Large Residential Condo Units & Commercial Space                                        Commercial/   Residential   Rehabilitation                    Under Construction                                                       Steve Lancia                   RI
Pro vid en ce


No rth                                                                                                                                                                                                                                                                                  Urban Smart Growth &
                 Greysto n e Mills                    Renovation of mill complex as 150 loft-style rental apartments                             Residential                 Rehabilitation/New Construction   Under Construction                                         $42,000,000                                  RI & CA
Pro vid en ce                                                                                                                                                                                                                                                                           W orcester Mills


No rth                                                Mixed use development on 133 acres- Rt. 164A; 613,000 s.f.. retail, 18,000 s.f..                                                                                                                                                  Brian Bucci     Bucci
                 Do w lin g Villag e                                                                                                             Commercial/ Residential     New Construction                  Proposed                                                   $85,000,000                                  W arwick, RI
Sm ith field                                          restaurants, 75,000 s.f.. office and 76 condos                                                                                                                                                                                    Development


No rth
                 Slatersville Mill                    Village Center, residential space. 228 one, two bedroom apartments and live/work units     Commercial/ Residential     Rehabilitation/New Construction   Under Construction                                         $40,000,000 DSF                              MA
Sm ith field


                 210 Main Street & 53 East            Blackstone Valley Community Health Center will turn these two abutting properties into a                                                                                                                                          Ray Lavoie Blackstone Valley
Paw tu cket                                                                                                                                      Commercial                  Rehabilitation/New Construction   Announced                                                                                               RI
                 Aven u e                             new 20,000 s.f. heatlth and social center                                                                                                                                                                                         Community Health Center


                                                                                                                                                                                                                                                                                                                     John Coecott
                                                                                                                                                                                                               Announced. Construction starts in Fall of                                Manhattan Hotel Development,
Paw tu cket      Ham p to n In n & Su ites            100 room Hotel & Restaurant                                                                Commercial                  New Construction                                                                             $15,000,000                                East Providence
                                                                                                                                                                                                               2008.                                                                    LLC & Carpionato Properties
                                                                                                                                                                                                                                                                                                                     (401) 279 6800


Paw tu cket      Stretch Pro d u cts Facto ry         225 Live/Work Lofts located on Pine Street                                                 Commercial/ Residential     Rehabilitation                    Construction                                               $18,000,000 Bob Fonzi & Tony Sulfaro


                                                                                                                                                                                                               Construction should end by late fall of                                  Steve Kumins - Pawtucket
Paw tu cket      Paw tu cket Arm o ry                 New Public Arts School, performing arts center and office space for non-profits            Commercial/ Educational     Rehabilitation/New Construction                                                               $6,500,000                                  RI
                                                                                                                                                                                                               2007.                                                                    Armory Association


Paw tu cket      Riverfro n t L o fts/L eb an o n Mills Residential Lofts                                                                        Residential                 Rehabilitation                    Completed                                                  $23,700,000 Ranne W arner                    Boston, MA




                                                                                                                                                                                                               Light manufacturing spaces largely
                                                      Renovation of former Hope Webbing mill complex into light manufacturing space, retail                                                                                                                                             Lance Robbins & Urban Smart
Paw tu cket      Ho p e Artiste Villag e                                                                                                         Commercial/ Residential     Rehabilitation/New Construction   completed. Retail and residential space                    $32,400,000                                  CA
                                                      and office space & 128 loft-style apartments                                                                                                                                                                                      Growth
                                                                                                                                                                                                               under renovation.



                 B ayley Street L o fts/Parkin                                                                                                                                                                                                                                          Bayley Lofts, LLC Peter Case
Paw tu cket                                           Residential Development                                                                    Residential                 Rehabilitation/New Construction   Completed                                                   $4,800,000
                 Yarn Mill                                                                                                                                                                                                                                                              & George Potsidis


                                                                                                                                                                                                                                                                                                                       Mr. Garfield Spencer, First
                                                                                                                                                                                                                                                                                                                       National Development LLC,
Paw tu cket      Un io n Wad d in g L o fts           Redevelopment of former mill complex into 245 residential units, retail and office space   Residential                 Rehabilitation/New Construction   First phase (90 units) complete                            $25,000,000                                  325 Lafayette Street
                                                                                                                                                                                                                                                                                                                       Bridgeport, CT 06604
                                                                                                                                                                                                                                                                                        First National Development     (203) 650-2574
                                                                                                                                                                                                                                                                                        LLC

                                                                                                                                                                                                                                                                                                                       1101 W Dekalb Pike
                                                      Tower at Carnegie Abbey comprises 80 luxury residences in a 220-foot tower overlooking
                 Th e To w er & Ro yal Co ttag es                                                                                                                                                                                                                                                                      King of Prussia, PA 19406
Po rtsm o u th                                        Narragansett Bay, 21 cottages & a marina. Located within the Carnegie Abbey Golf and Commercial/ Residential           New Construction                  Construction                                               $40,000,000 O'Neill Properties Group
                 at Carn eg ie Ab b ey                                                                                                                                                                                                                                                                                 (610) 337-5560
                                                      Sporting Club featuring golf, yachting, equestrian, and tennis.


                                                                                                                                                                                                                                                                                      Manny DeMenezes, Ronald
                                                      Residential development for persons age 55 and over; approximately 149 condo
Po rtsm o u th   Freed o m B ay                                                                                                                  Commercial/ Residential     New Construction                  Construction                                              $150,000,000 Levesque, Edward Hayes Mary 401-847-4004
                                                      cottages, 44 apartments, medical bldg, asst. living residences & skill medical
                                                                                                                                                                                                                                                                                      Ellen Horan


Pro vid en ce    Miriam Ho sp ital                    New 6 story building with care suites, new operating rooms & diagnostic imaging facilities Medical                     New Construction                  Under Construction                                         $64,000,000 Miriam Hospital                  RI




                                                                                                                                                                                              Page 5 of 12
                                                                                                                 Major Real Estate Development Projects Completed, Underway or Planned in Rhode Island
                                                                                                                                                  Updated: April 2008


                                                                                                                                                                                                                                                                                                        COMPANY CONTACT
CITY            PROJECT NAME/ COMPANY                DESCRIPTION                                                                                    TYPE                      TYPE OF ACTIVITY                  STATUS                     DEVEL OPMENT COST $$         DEVEL OPER/        OWNER                                  DATE COMPL ETED
                                                                                                                                                                                                                                                                                                        INFO


                                                     Multi-use building located at 41 Central Street; 1st - Large open space consisting of
Pro vid en ce   Fireh o u se 13 (Steel Yard )        2,200 s.f. for use as a gallery, conference hall or educational space, 2nd - communial live-                                                               Proposed
                                                     work environment for artists, 1,250 s.f. lofts for commercial or residential use.


                                                     Major renovations being performed in three phases, including the creation of 18
                                                                                                                                                                                                                                                                        James McCarvill, Convention
Pro vid en ce   Du n kin Do n u ts Cen ter           corporate suites, new video scoreboard, new refrigeration unit, painting, addition of a        Commercial                Rehabilitation                    Complete                                  $80,500,000                                   Providence, RI
                                                                                                                                                                                                                                                                        Center Authority
                                                     pedestrian walkway from the convention center to the dunk, enlargement of lobby, etc.


                                                     Rehabilitation of 748,770,640 & 1040 Broad into mixed use developments. Creation of                                                                                                                                Susann Mark      Elmwood
Pro vid en ce   B ro ad Street                                                                                                                      Commercial/Residential    Rehabilitation                    Planning                                  $14,200,000                                   Providence, RI              January 2009
                                                     residential units along with 11 commercial units.                                                                                                                                                                  Housing


                                                                                                                                                                                                                                                                        Jim Karam              First
Pro vid en ce   Walm art                             New 135,240 s.f.. store at Branch Ave & Silver Spring Street                                   Commercial                New Construction                  Completed                                  $7,000,000                                   Fall River, MA              January 2007
                                                                                                                                                                                                                                                                        Bristol Corp

                                                                                                                                                                                                                                                                                                        Ron W ierks,
                                                                                                                                                                                                                                                                                                        1005 Main Street,
Pro vid en ce   Fo rm er US Ru b b er Co .           Renovation of mill complex into 156 loft-style apartments                                      Residential               Rehabilitation/New Construction   Planning                                  $27,000,000 Urban Smart Growth
                                                                                                                                                                                                                                                                                                        Pawtucket, RI 02860
                                                                                                                                                                                                                                                                                                        (401) 312-3840
                                                                                                                                                                                                                                                                                                        Tom Niles
                Em p ire at B ro ad w ay (L aSalle   Development of a 20-story, 325,000 s.f. office tower, ground-level retail & parking garage                                                                                                                                                         Procaccianti Group
Pro vid en ce                                                                                                                                   Commercial                    New Construction                  Planning                                 $200,000,000 Procaccianti Group
                Sq u are)                            for 440 cars.                                                                                                                                                                                                                                      Cranston, RI
                                                                                                                                                                                                                                                                                                        401-946-4600


                                                                                                                                                                                                                                                                        Smith Hill Community
Pro vid en ce   Sq u are at Sm ith Hill              13 Condos and 6 street level retail spaces along Douglas Avenue                                Commercial/ Residential   New Construction                  Completed                                  $4,000,000                                   RI
                                                                                                                                                                                                                                                                        Development Corp.



                Oln eyville Urb an L o fts (fo rm er Rehabilitation of four mill buildings into 64 condominiums and 4000 sf of commercial
Pro vid en ce                                                                                                                                       Residential               Rehabilitation                    Planning                                  $12,000,000 John Risica                       W arwick, RI
                Weyb o sset Mills)                   space




Pro vid en ce   RI Pu b lic Tran sit Au th o rity    Elmwood Avenue facility - RIPTA headquarters on 6.8 acre site                                  Public Use                New Construction                  Completed                                 $30,000,000 RI Public Transit Authority       Providence, RI




Pro vid en ce   Pro vid en ce Co lleg e              New fitness center                                                                             Educational               New Construction                  Construction                              $12,000,000 Providence College                Providence, RI




Pro vid en ce   Verizo n Co m m u n icatio n s       Fiber Solution Center                                                                          Commercial                Rehabilitation/New Construction   Completed                                  $7,000,000 Verizon Communications            RI & New York



                Stran d Th eater/Wash in g to n                                                                                                                                                                                                                         Robert S. Merowitz and Stuart
Pro vid en ce                                        Affordable condominiums                                                                        Residential               Rehabilitation                    Completed                                  $2,500,000
                Street                                                                                                                                                                                                                                                  Levey


                Pell/Ch afee Perfo rm an ce          Creation of flexible theater space for children, students, graduate-level actors, writers and
Pro vid en ce                                                                                                                                      Commercial                 Rehabilitation                    Completed                                  $5,100,000 Brown Trinity Consortium          RI
                Cen ter                              directors


                                                                                                                                                                                                                                                                      Summit Hotel Properties;
                                                                                                                                                                                                                                                                                                        Topsfield, MA; Lebanon,
Pro vid en ce   Resid en ce In n                     New 8-story hotel tower containing 154-rooms, pool, health club & meeting space.               Commercial                New Construction                  Proposed                                  $30,000,000 Norwich Partners; Aram
                                                                                                                                                                                                                                                                                                        NH; Cranston, RI
                                                                                                                                                                                                                                                                      Garabedian


                                                                                                                                                                                                                                                                        Charles Tapalian & Cendant
Pro vid en ce   Win g ate In n                       A 3-story mid-priced Wingate Hotel at 450 Charles Street                                       Commercial                New Construction                  Planning                                                                                RI & NJ
                                                                                                                                                                                                                                                                        Corp.'s Hotel Group


                                                                                                                                                                                                                                                                                                        8100 E. 22 Avenue N.,
Pro vid en ce   Sierra Su ites                       A new 11-story, extended-stay hotel with 161 rooms - 149 to 157 W ashington Street             Commercial                Rehabilitation/New Construction   Site demolition underway                                Lodgeworks LP                   W ichita, KS 67226
                                                                                                                                                                                                                                                                                                        (316) 681-5100




                                                                                                                                                                                               Page 6 of 12
                                                                                                                Major Real Estate Development Projects Completed, Underway or Planned in Rhode Island
                                                                                                                                                 Updated: April 2008


                                                                                                                                                                                                                                                                                                        COMPANY CONTACT
CITY            PROJECT NAME/ COMPANY              DESCRIPTION                                                                                     TYPE                      TYPE OF ACTIVITY                  STATUS                     DEVEL OPMENT COST $$         DEVEL OPER/         OWNER                                  DATE COMPL ETED
                                                                                                                                                                                                                                                                                                        INFO




Pro vid en ce   Pro vid en ce Fru it & Wareh o u se Retail, Office, Hotel Development                                                              Commercial                Rehabilitation                    Site demolition underway                                Carpionato Properties            Johnston, RI




                                                   Five-story, 150,000 sf addition w/ 80-bed intensive care unit for sick & premature                                                                                                                                                                   Providence, RI
Pro vid en ce   Wo m en & In fan ts Ho sp ital                                                                                                     Commercial                New Construction                  Under Construction                        $64,000,000 W omen & Infants Hospital
                                                   newborns, 30 obstetric beds, located at the corner of Gay and Dudley streets                                                                                                                                                                         401-273-6800




                                                   New 320,000 s.f. office headquarters bldg for GTECH, the world's largest lottery systems                                                                                                                            USAA Real Estate Co &
Pro vid en ce   GTECH Co rp o ratio n                                                                                                              Commercial                New Construction                  Completed                                 $80,000,000                                                               November 2006
                                                   firm, and include other retail & office space.                                                                                                                                                                      Commonwealth Ventures




                                                                                                                                                                                                                                                                                                        Cranston, RI
Pro vid en ce   Westin Ho tel Exp an sio n         New 32-story tower containing 200 hotel rooms/ 103 condo units/ ground-floor retail             Commercial                New Construction                  Completed                                 $80,000,000 Procaccianti Group
                                                                                                                                                                                                                                                                                                        401-946-4600


                                                                                                                                                                                                                                                                                                        Denver, CO
Pro vid en ce   Ren aissan ce Pro vid en ce Ho tel Restoration of vacant Masonic Temple as a 272-room Marriott Renaissance hotel                   Commercial                Rehabilitation/New Construction   Completed                                 $80,000,000 Sage Hospitality Resources
                                                                                                                                                                                                                                                                                                        303-595-7200



                Th e Sh arp e B u ild in g (25      6-story bldg with great visibility from Interstate Rt. 95. It contains approximately 160,000
Pro vid en ce                                                                                                                                      Commercial                Rehabilitation                    Under Construction                         $7,000,000 Foundry Associates                 Providence, RI
                Ho ld en Street)                   sq. ft (Can accommodate hotel, office, or residential use)



                Pro vid en ce Co m m u n ity Health
                                                                                                                                                                                                                                                                       Providence Community Health
Pro vid en ce   Cen ters/Fed erated                 50,000 s.f. New Healthcare Facility, 42,000. s.f. office space & 5,000 s.f. retail space       Commercial                Rehabilitation/New Construction   Design                                    $40,000,000                                    401-272-3000
                                                                                                                                                                                                                                                                       Centers
                L ith o g rap h ers

                                                   Rehabilitation of 5 historic structures as an 80-room luxury boutique hotel and ground-                                                                                                                             Stanley W eiss            401-
Pro vid en ce   Ho tel Pro vid en ce                                                                                                               Commercial                Rehabilitation                    Completed                                 $12,000,000                                    Providence, RI              January 2005
                                                   floor restaurant                                                                                                                                                                                                    751-9800


Pro vid en ce   RISD - Ch ase Cen ter              New classrooms, studios facilities, 225 seat theater, galleries, restaurant                     Commercial/ Educational   Rehabilitation/New Construction   Under Construction                        $43,000,000 RISD                               RI



                Waterm an Street & East River                                                                                                                                                                                                                                                           50 South Main Street,
                                                                                                                                                                                                                                                                       Brown & Ives Land Co. & The
Pro vid en ce   Street (n ear Hen d erso n         Two 8 story condominium bldgs - east side, next to Gatehouse Restaurant                         Residential               New Construction                  Design                                                                                   Providence, RI 02903
                                                                                                                                                                                                                                                                       Aspen Group
                B rid g e)                                                                                                                                                                                                                                                                              (401) 421-7382


                Rh o d e Islan d Sch o o l o f     Rehabilitation of 12-story former Rhode Island Hospital Trust bank building into dormitory
Pro vid en ce                                                                                                                                      Commercial/ Educational   Rehabilitation                    Completed                                 $23,000,000 RISD                               Providence, RI
                Desig n                            space for 500 students; new library


                Gatew ay Cen ter (fo rm er         Rehabilitation of the former American Express Bldg; now occupied by Fidelity
Pro vid en ce                                                                                                                                      Commercial                Rehabilitation                    Completed                                 $13,900,000 Fidelity Investments               Smithfield, RI                July 2006
                Am erican Exp ress B ld g .)       Investments, which relocated 325 employees from Boston.



                B lu e Cro ss/ B lu e Sh ield      Construction of a 13-story, 325,000sf office building in Capital Center for Blue Cross and
Pro vid en ce                                                                                                                                      Commercial                New Construction                  Under Construction                       $114,000,000 Blue Cross Blue Shield             Providence, RI
                Head q u arters                    Blue Shield of RI.



                Ham p to n In n (fo rm er St.
Pro vid en ce                                      Rehabilitation of historic chapel as a 115-room Hampton Inn & Suites                            Commercial                Rehabilitation                    Under Construction                        $17,000,000 First Bristol Corp.                Fall River, MA
                Fran cis Ch ap el)

                                                                                                                                                                                                                                                                                                        Tide Point - The Joy
                                                                                                                                                                                                                                                                                                        Building,     1040 Hull
                Th e Dyn am o Ho u se at           350,000 square foot space alloted for Heritage Harbor Museum, 168-room hotel, office &                                                                                                                              Struever Brothers, Eccles &      Street, Suite 200
Pro vid en ce                                                                                                                                      Commercial/ Residential   Rehabilitation/New Construction   Under Construction                       $150,000,000
                Pro vid en ce Po in t              retail space                                                                                                                                                                                                        Rouse                            Baltimore, MD 21230
                                                                                                                                                                                                                                                                                                        (443) 573-4000
                                                                                                                                                                                                                                                                                                        401-574-2100




                                                                                                                                                                                              Page 7 of 12
                                                                                                                      Major Real Estate Development Projects Completed, Underway or Planned in Rhode Island
                                                                                                                                                       Updated: April 2008


                                                                                                                                                                                                                                                                                                               COMPANY CONTACT
CITY            PROJECT NAME/ COMPANY                     DESCRIPTION                                                                                  TYPE                      TYPE OF ACTIVITY                  STATUS                         DEVEL OPMENT COST $$         DEVEL OPER/        OWNER                                  DATE COMPL ETED
                                                                                                                                                                                                                                                                                                               INFO




                                                          Renovation & conversion of existing Holiday Inn into full-service Providence Hilton hotel;
                Hilto n Pro vid en ce Ho tel &
Pro vid en ce                                             addition of new ballroom, banquet and retail space; 40 new guestrooms; 17,000 sf             Commercial/ Residential   Renovation/New Construction       Hotel Completed                              $150,000,000 Procaccianti Group                Cranston, RI                 March 2007
                Resid en ces
                                                          spa/fitness center; new parking structure; planned future construction of condo tower



                                                          Condos, Hotel, Home of RIPTA Ferry and American Cruise Line, Retail, Festivals, 920
Pro vid en ce   Pro vid en ce Piers                                                                                                                    Commercial/ Residential   Rehabilitation/New Construction   Design & Construction                        $300,000,000 Pat Conley
                                                          car parking garage. Artist studio live/work space & restaurant (completed)



                                                          National Center for Excellence - Classrooms, Clinical Facilities, Gymnasium, indoor
Pro vid en ce   Meetin g Street Sch o o l                                                                                                              Educational               New Construction                  Completed                                     $27,000,000                                   RI
                                                          therapeutic swimming pool, athletic fields



                Th e Pro m en ad e at th e                Rehabilitation of historic Brown & Sharpe mill complex into 220 luxury rental apartments,                                                                                                                                                            Providence, RI
Pro vid en ce                                                                                                                                          Commercial/ Residential   Rehabilitation/New Construction   Completed                                     $50,000,000 Foundry Associates
                Fo u n d ry                               one, two & three bedroom; new parking garage, swimming pool, fitness center                                                                                                                                                                          401-272-3000


                                                                                                                                                                                                                                                                                                               Tide Point - The Joy
                                                                                                                                                                                                                                                                                                               Building,     1040 Hull
                                                          Rehabilitation of historic mill complex into mixed use residential and office space behind                                                                                                                         Streuver Bros./Armory Revival     Street, Suite 200
Pro vid en ce   Risin g Su n Mills                                                                                                                     Commercial/ Residential   Restoration/     Rehabilitation   Completed                                     $68,500,000
                                                          Providence Place Mall                                                                                                                                                                                              Co.                               Baltimore, MD 21230
                                                                                                                                                                                                                                                                                                               (443) 573-4000
                                                                                                                                                                                                                                                                                                               401-574-2100

                                                                                                                                                                                                                                                                                                               Tide Point - The Joy
                                                                                                                                                                                                                                                                                                               Building,     1040 Hull
                                                                                                                                                                                                                                                                               Streuver Bros./Armory Revival   Street, Suite 200
Pro vid en ce   Th e Plan t/Calen d ar Mill               Rehabilitation of historic mill complex into mixed use commercial and residential            Commercial/ Residential   Restoration/     Rehabilitation   Completed                                     $30,000,000
                                                                                                                                                                                                                                                                               Co.                             Baltimore, MD 21230
                                                                                                                                                                                                                                                                                                               (443) 573-4000
                                                                                                                                                                                                                                                                                                               401-574-2100
                                                                                                                                                                                                                                                                                                               Tide Point - The Joy
                                                                                                                                                                                                                                                                             Streuver Bros./Armory Revival     Building,     1040 Hull
                Th e Am erican L o co m o tive            Redevelopment of 22.5 acre urban site consisting of 26 historic bldgs. Total of 1.2 million                                                                                                                                                          Street, Suite 200
Pro vid en ce                                                                                                                                         Commercial/ Residential    Rehabilitation/New Construction   Under Construction                           $333,000,000 Co.                   401-
                Wo rks                                    s.f. of office, residential, retail and hotel space in Valley neighborhood                                                                                                                                                                           Baltimore, MD 21230
                                                                                                                                                                                                                                                                             453-3700
                                                                                                                                                                                                                                                                                                               (443) 573-4000
                                                                                                                                                                                                                                                                                                               401-574-2100


Pro vid en ce   Pearl Street L o fts                      Rehabilitation of historic building into 57 residential units and 5 commercial spaces        Residential               Restoration/     Rehabilitation   Completed                                     $10,168,000 Armory Revival                    Providence, RI



                                                                                                                                                                                                                                                                                                               Gene Beaudoin, Feldco
Pro vid en ce   Eag le Sq u are                           Mixed use development- retail, 100,000 s.f. office and residential loft condos,              Commercial/ Residential   Rehabilitation/New Construction   Completed                                      $5,500,000 Feldco Corp.                      Corp. New Canaan, CT           2004
                                                                                                                                                                                                                                                                                                               860-651-1455


                B ro w n Un iversity L ife                New research & laboratory space for advanced medical research in Biology,                                                                                                                                                                            Providence, RI
Pro vid en ce                                                                                                                                          Educational               New Construction                  Completed                                     $95,000,000 Brown University
                Scien ces B u ild in g                    Biochemistry, Cognitive Science and Genetics                                                                                                                                                                                                         401 863-2476


                Sp eid el B u ild in g / B ro w n L ife                                                                                                                                                                                                                                                        Providence, RI
Pro vid en ce                                             New laboratory space for advanced medical research                                           Educational               Rehabilitation                    Completed                                     $37,600,000 Brown University
                Scien ces L ab o rato ry                                                                                                                                                                                                                                                                       401 863-2476


                                                                                                                                                                                                                                                                                                               Robert Roth
Pro vid en ce   Cap ital Co ve                            New 248-unit condo/apartment complex in Capital Center                                       Residential               New Construction                  Under Construction                            $45,000,000 Capital Cove LLC
                                                                                                                                                                                                                                                                                                               Brookline, MA



                                                          New 19 and 17-story condo towers in Capital Center, 193 units; 475-space underground                                                                                                                                 Intercontinental Real Estate    Boston, MA
Pro vid en ce   Waterp lace Co n d o m in iu m s                                                                                                       Residential               New Construction                  Under Construction                           $100,000,000
                                                          parking garage                                                                                                                                                                                                       Corp.                           617-782-2600


                                                                                                                                                                                                                                                                               Providence Neighborhood
Pro vid en ce   B lacksto n e o n th e So u th Sid e      10 houses along West Clifford, Friendship, Myrtle & Linden Streets - phase II                Residential                                                 Under Construction                             $2,600,000
                                                                                                                                                                                                                                                                               Housing Corp.


                                                          Redevelopment of historic hotel as affordable artist studios on W ashington Street.
Pro vid en ce   Dreyfu s Ho tel                                                                                                                        Commercial/ Residential   Rehabilitation                    Construction completed Ph. 1                   $7,100,000 AS220                             Providence, RI
                                                          Includes restaurant, pub, and performance space.




                                                                                                                                                                                                  Page 8 of 12
                                                                                                                  Major Real Estate Development Projects Completed, Underway or Planned in Rhode Island
                                                                                                                                                   Updated: April 2008


                                                                                                                                                                                                                                                                                                                    COMPANY CONTACT
CITY             PROJECT NAME/ COMPANY               DESCRIPTION                                                                                 TYPE                      TYPE OF ACTIVITY                   STATUS                                     DEVEL OPMENT COST $$         DEVEL OPER/          OWNER                              DATE COMPL ETED
                                                                                                                                                                                                                                                                                                                    INFO



                                                     Rehabilitation of six historic buildings in traditional Down city core into 194 rental
                                                                                                                                                                                                              Rehabilitation complete: Construction of                                Cornish Associates
Pro vid en ce    Westm in ster L o fts               apartments with ground-level retail space; construction of 30 loft condo units atop new     Commercial/ Residential   Rehabilitation/New Construction                                                             $100,000,000                                 Providence, RI
                                                                                                                                                                                                              lofts and garage planned.                                               401-421-0254
                                                     500-space parking garage w/ ground-level retail space



Pro vid en ce    Eastsid e Co m m o n s              Condominiums                                                                                Residential               New Construction                   Completed                                                               Toll Brothers                 Horsham, PA


                 L ifesp an /Rh o d e Islan d
Pro vid en ce                                        New emergency-room facility                                                                 Commercial                New Construction                   Completed                                                 $40,000,000 Lifespan Inc.                   Providence, RI
                 Ho sp ital

                 Ro g er William s Park B o tan ical
Pro vid en ce                                        New England's Largest Indoor Botanical Gardens Center.                                      Commercial                New Construction                   Completed                                                  $7,700,000 Gilbane                         Providence, RI
                 Gard en s

                                                     New 11-unit, luxury condominium complex at the site of the former Katharine Gibbs                                                                                                                                                Armory Revival Co./ Myles
Pro vid en ce    77 So u th An g ell St.                                                                                                         Residential               Renovation                         Under Construction                                                                                    Providence, RI
                                                     School at Butler Avenue and South Angell Street.                                                                                                                                                                                 Standish Associates

                                                                                                                                                                                                                                                                                    Talon Realty Limited
                                                     A 25-story condominium tower at the intersection of Bradford and Federal Streets, with up
Pro vid en ce    Vista Della To rre                                                                                                            Residential                 New Construction                   Proposed                                                  $80,000,000 Partnership (Frank and Michael Providence, RI
                                                     to 180 condominium units and a four-story parking garage.
                                                                                                                                                                                                                                                                                    Zammiello)


Pro vid en ce    Fo u r Po in ts Sh erato n          New 164-room hotel along Promenade Street.                                                  Commercial                Rehabilitation/ New Construction   Proposed                                                                Jack Isenberg                 Providence, RI

                                                                                                                                                                                                                                                                                                                    Tide Point - The Joy
                                                     Rehabilitation of former electicity generating plant into 340,000 sf, seven floors of                                                                                                                                            Struever Brothers, Eccles &   Building,     1040 Hull
Pro vid en ce    Dyn am o Ho u se                                                                                                                Commerical/Residential    Rehabilitation/ New Construction   Under Construction                                       $150,000,000                                 Street, Suite 200
                                                     apartments, a museum, hotel and conference facility                                                                                                                                                                              Rouse
                                                                                                                                                                                                                                                                                                                    Baltimore, MD 21230

                                                     Construction of a new 577,000 s.f. bldg which will house employees of Fidelity
Sm ith field     Fid elity Cam p u s                                                                                                             Commercial                New Construction                   Under Construction                                       $200,000,000 Fidelity Investments            Smithfield, RI
                                                     Investments and Pyramis Global Advisors


                                                     2 new 45,000 s.f. commercial office buildings (Rts.7 & 116). First building will be busn.                                                                                                                                        Greg Gauthier, President
Sm ith field     Han to n City Gatew ay                                                                                                          Commercial                New Construction                   Design                                                    $15,000,000                                 Smithfield, RI
                                                     condos, second will be leased                                                                                                                                                                                                    Sag Investments


Sm ith field     L J Cran e Co .                     New 42,000 s.f. building                                                                    Commercial                New Construction                   Design                                                    $10,000,000                                 RI



Sm ith field     Reeb Millw o rk                     New 150,000 s.f. manufacturing facility                                                     Commercial                New Construction                   Completed                                                 $10,165,000 Reeb Millwork


                                                     Purchase and major renovation of the former Dow Chemical facility for pahrmaceutical
Sm ith field     Alexio n Ph arm aceu ticals                                                                                                     Commercial                Rehabilitation/New Construction    Completed                                                 $80,000,000 Alexion Pharmaceuticals         Cheshire, CT                  July 2007
                                                     manufacturing.

                 Mill River Man o r/Narrag an sett
Sm ith field                                         Condominiums including affordable units                                                     Residential               Rehabilitation                     Proposed                                                  $28,000,000 Pat & Gail Conley               RI
                 Gray Iro n Fo u n d ry


                                                                                                                                                                                                                                                                                      Al Costantino/Clyde
Sm ith field     Ham p to n Su ites                  Hotel & 2 commercial pad ready sites - Rt. 7 (Douglas Pike)                                 Commercial/ Residential   New Construction                   Opening summer 2007                                       $15,000,000                                 RI
                                                                                                                                                                                                                                                                                      Development

                                                                                                                                                                                                                                                                                    Richard Napolitano, President
                 Precisio n Craft Den tal
Sm ith field                                         New state of the art facility - custom dental prosthetics. Largest in New England.          Commercial                New Construction                   Completed                                                  $3,000,000 & CEO, Precision Craft Dental   RI
                 L ab o rato ry
                                                                                                                                                                                                                                                                                    Laboratory

                                                                                                                                                                                                                                                                                      The Shelter Group Rebecca
So u th          B rig h tview Co m m o n s @
                                                     Senior living development with independent, assisted & Alzheimer's units                    Commercial                New Construction                   Completed                                                               W eaver         (401) 789-    Baltimore, Maryland
K in g sto w n   So u th Co u n ty Co m m o n s
                                                                                                                                                                                                                                                                                      8777

So u th                                                                                                                                                                                                                                                                               Andrew Kushner, Spinnaker
                 So u th Co u n ty Co m m o n s      232 Luxury Apartments, 64 Condos, 300,000 s.f. commercial both retail and office, hotel     Commercial                New Construction                   Construction                                               $9,000,000                                 MA
K in g sto w n                                                                                                                                                                                                                                                                        Group 508-543-2700

So u th
                 So u th Co u n ty Ho sp ital        Renovation & expansion with additional 60 beds                                              Commercial                Rehabilitation/New Construction    Construction                                              $55,000,000 South County Hospital           W akefield, RI
K in g sto w n




                                                                                                                                                                                            Page 9 of 12
                                                                                                                  Major Real Estate Development Projects Completed, Underway or Planned in Rhode Island
                                                                                                                                                   Updated: April 2008


                                                                                                                                                                                                                                                                                                                     COMPANY CONTACT
CITY             PROJECT NAME/ COMPANY                 DESCRIPTION                                                                                 TYPE                      TYPE OF ACTIVITY                  STATUS                                     DEVEL OPMENT COST $$         DEVEL OPER/        OWNER                        DATE COMPL ETED
                                                                                                                                                                                                                                                                                                                     INFO



So u th                                                100 room Hotel, business center, breakfast room, lounge, pool, spa and sundeck in The                                                                   Under Construction; opening summer                                      Andrew Kushner, Spinnaker
                 Ham p to n Su ites                                                                                                                Commercial                New Construction                                                                             $8,100,000                                 MA
K in g sto w n                                         Village at South County Commons                                                                                                                         2007                                                                    Group 508-543-2700


So u th          B ro o kEd g e Villag e
                                                       28 homes for people older than 55.                                                          Residential               New Construction                  Construction announced on April 11, 2007                                Dakata Partners
K in g sto w n   Co n d o m in iu m s



Tiverto n        B o u rn e Mill                       Rehabilitation of former mill into almost 250-300 housing units and commercial space        Mixed Use                 Rehabiliation                     Proposed                                                  $50,000,000 Armory Revival Co               Providence, RI



                                                       Rehabilitation of former mill complex into 600,000 s.f. mixed-use development. Plans call
                                                       for 350 apartments, 40,000 s.f. commercial space, restaurant and retail space and 1400
Warren           To u rister Mill Develo p m en t                                                                                                  Commercial/ Residential   Rehabilitation/New Construction   Proposed                                                 $100,000,000 Meredith Management Corp.       Newton, MA
                                                       feet of waterfront walkway with pedestrian and bike path connections. Also, 180,000 s.f.
                                                       of open space.


                                                       New 120,000 sf headquarters for Davol, Inc., a subsidiary of global medical technology
Warw ick         Davo l Co rp o rate Head q u arters                                                                                               Commercial                New Construction                  Completed                                                 $25,000,000 Carpianato Properties           Johnston, RI
                                                       marketing & administration functions. When fully occupied, the building will accommodate
                                                       300 employees.


Warw ick         In skip Au to m all                   Expansion of new dealerships and renovations to existing dealerships                        Commercial                Rehabilitation/New Construction   Construction to end by summer 2007                        $75,000,000 United Auto Group, Inc.


                                                       Redevelopment of former amusement park into 200+ residential units and 40 acres of
Warw ick         Ro cky Po in t                                                                                                                    Residential               New Construction                  Proposed                                                 $200,000,000 To-be-determined
                                                       public open space with shoreline access .


Warw ick         300 Jefferso n B o u levard           New 75,000 sq. ft Class A office building with excellent access to Interstate 95            Commerical                New Construction                  Completed                                                               Paramount Properties          Providence, RI


                 Jefferso n Gatew ay at th e                                                                                                                                                                                                                                           Michael Integlia
Warw ick                                               Two new multi-tenant office buildings on Jefferson Blvd. near TF Green Airport              Commercial                New Construction                  Completed                                                 $24,000,000                                 Providence, RI
                 Airp o rt                                                                                                                                                                                                                                                             (401) 274-3600

                 Hilto n Gard en Ho tel & Metro                                                                                                                                                                                                                                        Joseph Piscopio & Jefferson
Warw ick                                               New 160-room hotel on Jefferson Blvd. near TF Green airport                                 Commercial                New Construction                  Completed                                                 $55,000,000                                 W arwick, RI
                 Cen ter Develo p m en t                                                                                                                                                                                                                                               Hospitality LLC

                                                       Redevelopment of mill complex into 164-room Nylo Hotel, offices, restaurants & retail                                                                                                                                           H. Hampton Hodges & Ian
Warw ick         Po n tiac Mills                                                                                                                   Commercial/ Residential   Rehabilitation/New Construction   Nylo Hotel Under Construction                             $39,000,000                                 MA & TX
                                                       space                                                                                                                                                                                                                           Gillespie


Warw ick         Wave Fed eral Cred it Un io n         Headquarters                                                                                Commercial                New Construction                  Under Construction                                         $3,000,000 W ave Federal Credit Union      RI



Warw ick         Paw tu cket Cred it Un io n           New Branch Office                                                                           Commercial                New Construction                  Completed                                                               Pawtucket Credit Union        RI




                                                                                                                                                                                             Page 10 of 12
                                                                                                          Major Real Estate Development Projects Completed, Underway or Planned in Rhode Island
                                                                                                                                           Updated: April 2008


                                                                                                                                                                                                                                                                                            COMPANY CONTACT
CITY            PROJECT NAME/ COMPANY         DESCRIPTION                                                                                   TYPE                      TYPE OF ACTIVITY                   STATUS               DEVEL OPMENT COST $$         DEVEL OPER/          OWNER                                 DATE COMPL ETED
                                                                                                                                                                                                                                                                                            INFO



Warw ick        Web ster B an k               New Branch Office                                                                             Commercial                New Construction                   Completed                                         W ebster Bank                    CT



Warw ick        Wash in g to n Tru st         New Branch Offices                                                                            Commercial                Announced                          Completed                                         W ashington Trust                RI


                                              Relocation of baggage-screening equipment, enlargement of main security checkpoint,
Warw ick        TF Green Airp o rt            expansion of food court/adm. Offices & build a direct route from arrival gates to the         Public Use/ Commercial    Rehabilitation/New Construction    Completed                           $83,500,000 RIAC                               RI                           August 2007
                                              baggage-claim area.

                                              Redeveleopment of area between TF Green Airport and Jefferson Boulevard as inter-
                                              modal transportation center, including new Amtrak train station with commuter rail service
Warw ick        Train Statio n                                                                                                           Public Use                   New Construction                   Under Construction                 $267,000,000 RIDOT/RIAC                         Providence & W arwick
                                              to Boston. Facvility will also include parking garage, rental car concourse and elevated
                                              sky bridge to airport terminal.

Warw ick        Green w ich Mills             Twenty, build to suit office studios ranging from 300 to 3000 s.f.                            Commercial                Rehabilitation                     Under Construction                   $2,100,000

                                                                                                                                                                                                                                                                                            John Coecott
                                                                                                                                                                                                                                                                                            Carpianato Properties
Warw ick        Cro w n Plaza Ho tel          New 116-room addition                                                                         Commercial                New Construction                   Proposed                            $21,000,000 Capionato Properties
                                                                                                                                                                                                                                                                                            Johnston, RI
                                                                                                                                                                                                                                                                                            401 279 6800

Warw ick        L a Qu in ta Ho tel           Renovation                                                                                    Commercial                Rehabilitation                     Completed                            $1,000,000


West                                          Research facilities, laboratories and office space for high-profile biopharmaceutical                                                                                                                        Amgen, Inc.
                Am g en                                                                                                                     Commercial                New Construction/      Expansion   Completed                        $1,000,000,000                                    Thousand Oaks, CA
Green w ich                                   manufacturer                                                                                                                                                                                                 401-392-1200


West Warw ick Ph o en ix Mill                 42 luxury condominiums                                                                        Residential               Rehabilitation                     Planning                            $15,000,000 James R. Alarie


                                                                                                                                                                                                                                                                                            Tide Point - The Joy
                                                                                                                                                                                                                                                                                            Building,     1040 Hull
                                                                                                                                                                                                                                                         Struever Bros. Eccles &            Street, Suite 200
West Warw ick Cro m p to n Mill               145,000 s.f. mixed-use complex with office, retail and residential components                 Commercial/ Residential   Rehabilitation                     Under Construction                  $30,000,000
                                                                                                                                                                                                                                                         Rouse, Inc.                        Baltimore, MD 21230
                                                                                                                                                                                                                                                                                            (443) 573-4000
                                                                                                                                                                                                                                                                                            401-574-2100

                                                                                                                                                                                                                                                                                            Tide Point - The Joy
                                                                                                                                                                                                                                                                                            Building,     1040 Hull
                                                                                                                                                                                                                                                           Struever Bros. Eccles &
West Warw ick Ro yal Mills at Riverp o in t   Rehabilitation of historic mill complex into 230 residential units; apartments, condos, pub   Residential               Rehabilitation                     Under Construction                  $80,000,000                                    Street, Suite 200
                                                                                                                                                                                                                                                           Rouse, Inc.
                                                                                                                                                                                                                                                                                            Baltimore, MD 21230
                                                                                                                                                                                                                                                                                            (443) 573-4000
                                                                                                                                                                                                                                                                                            401-574-2100


West Warw ick En clave at River Farm s        Carriage Town homes                                                                           Residential               New Construction                   Completed                                         Toll Brothers                    Horsham, PA


                                                                                                                                                                                                                                                           Centreville Mill II, LLC Peter
West Warw ick Cen treville Mill               Apartments along the Pawtuxet River                                                           Residential               Rehabilitation/New Construction    Construction                        $15,000,000                                    Lincoln, RI
                                                                                                                                                                                                                                                           Rosiello


West Warw ick Herb Ch am b ers Cad illac      Car Dealership                                                                                Commercial                New Construction                   Planning                                          Herb Chambers Companies


                                              Hotel with 347 rooms and 65,000 sf indoor water park resort; additional 28,000 sf of
West Warw ick Sh ip w reck Falls                                                                                                            Commercial                New Construction                   Design                             $100,000,000 Dial Family Resorts                Nebraska
                                              convention space, restaurant and other uses


                                              Replication of the Ocean House on the 13 acre site. 51 Room Hote, 17 Luxury                                                                                                                                  W HO Properties/Bluff Avenue
Westerly        Ocean Ho u se                                                                                                               Commercial                New Construction                   Proposed                            $60,000,000                                    RI
                                              Residences & 6 duplex beachfront cottages.                                                                                                                                                                   LLC, Charles Royce


                Ch am p lain Wo o d s At
Westerly                                      30 Assisted Living, 80 Independent Units, 60 (55+) 2 bedroom retirement cottages              Commercial/ Residential   New Construction                   Under Construction                  $50,000,000 Newbury Development Corp.          Des Moines, IA
                Win n ip eg Po n d




                                                                                                                                                                                       Page 11 of 12
                                                                                                                   Major Real Estate Development Projects Completed, Underway or Planned in Rhode Island
                                                                                                                                                    Updated: April 2008


                                                                                                                                                                                                                                                                                                                  COMPANY CONTACT
CITY             PROJECT NAME/ COMPANY                DESCRIPTION                                                                                 TYPE                      TYPE OF ACTIVITY                 STATUS                                       DEVEL OPMENT COST $$         DEVEL OPER/        OWNER                       DATE COMPL ETED
                                                                                                                                                                                                                                                                                                                  INFO



Wo o n so cket   Hen ry B irks & So n s               Renovation of existing facility for jewelry manufacturing                                   Commercial                Renovation                       Completed                                                    $1,800,000 Henry Birks & Sons           Montreal, Quebec



Wo o n so cket   Gatew ay Co m m o n s                45 residential condominium community condos (loft style) in former historic Bancroft Mill   Residential               Rehabilitation                   Completed                                                    $8,000,000 Mass Bay Realty Group, LLC   W oonsocket, RI


                 Red Mill L o fts (B ern o n Street
Wo o n so cket                                        20 residential condominiums                                                                 Residential               Rehabilitation                   Completed                                                    $2,500,000 Neadeau Corporation
                 Mill)


Wo o n so cket   Allen Street L o fts                 Development of 64 residential condominiums                                                  Residential               Rehabilitation                   Completed                                                    $6,000,000 Aspen Group                  North Reading, MA


                                                      FiOS Project - Fiber Optic initiative which will allow Verizon to sell cable TV and high-
Statew id e      Verizo n Co m m u n icatio n s                                                                                                   Commercial/ Residential   New System                       Construction                                                $22,900,000 Verizon Communications       New York
                                                      speed internet

                 Rh o d e Islan d Airp o rt           $2.7 million of Federal Stimulous money to Newport Airport and $3.5 million to Quonset                                                                 Construction to start July 2009 and end by
Statew id e                                                                                                                                       Commercial                Renovation                                                                                    $6,200,000
                 Co rp o ratio n                      for repairs and renovations                                                                                                                            end of the year


                                                      To tal In vestm en t in Rh o d e Islan d                                                                                                                                                                        $7,860,462,070




                                                                                                                                                                                             Page 12 of 12

								
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