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    With prime access to regional and national transportation and exceptional coastal amenities, City Centre Warwick offers a development opportunity that you won't find anywhere else. The site embraces 95 acres built in and around Green Airport, Warwick Rail Station, InterLink and Interstate Routes 95 and 295. Embedded within a sustainable walking community will be a dense, mix-use of commercial, office, hospitality and residential space. Offering something for everyone, City Centre Warwick creates an urban experience that is active, affordable and attractive to business development, employers and residents alike.

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    With a cohesive identity on a local, regional and national level, City Centre Warwick and Rhode Island will attract complementary public and private investment, increasing consumer usage of transit amenities, while making the state more economically competitive in a compact Northeast market. The ultimate goal is to create a diverse, pedestrian-friendly, sustainable, mixed use community, that offers quality jobs and sustainable business growth opportunities for all Rhode Islanders.

     

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    The vision and goal of City Centre Warwick is to revitalize and redefine the approximately 95 acres of land which comprises the district. We strive to create an attractive neighborhood center with vibrant public spaces that will serve as an engine of economic growth and vitality in the region.

     

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NEWS

R.I. October single-family home sales highest since October 2004
Dec 14, 2016 | PBN

PROVIDENCE – Single-family home sales in the Ocean State climbed 12.2 percent in October, representing the 18th consecutive month of positive year-over-year sales growth, The Warren Group said Tuesday.

A total of 947 single-family homes were sold in Rhode Island in October, compared with 844 in October 2015. The October 2016 number is the highest of any October since 2004.

Year to date, 9,005 homes have sold compared with 7,416 during the year-ago period, a 21.4 jump in sales.

“Sales in Rhode Island have been consistently strong all year,” Timothy Warren, CEO of The Warren Group, said in a statement. “We find that Rhode Island endured a bigger crash in its real estate market compared to Massachusetts and Connecticut. But this year it has outperformed both neighbors.”

The median sale price of a single-family home in Rhode Island reached $230,000 in October, 3.5 percent higher than $225,000 last year. Year to date, prices have risen nearly 4 percent to $233,750, compared with $225,000 during the same period in 2015.

In Providence County, single-family home sales rose 2.7 percent in October to 464, and the median sale price increased 3.9 percent to $200,000.

Kent County had the largest over-the-year increase in sales in October at 28 percent, to 206 from 161, followed by Washington County at 27.5 percent, to 153 from 120; Bristol County at 16.2 percent, to 43 from 37; and Newport County at 9.5 percent, to 81 from 74.

There were 151 condominium sales statewide in October, an 11 percent increase from 136 in October 2015, marking the 10th consecutive month of positive year-over-year sales growth. Year to date, sales of condos have climbed 22.6 percent, with 1,485 sold through October compared with 1,221 in the same period last year.

Condo prices have risen 7.1 percent, with a median selling price of $211,000 compared with $197,000 in October 2015. Year to date, the median price of a condo has fallen 2.5 percent to $190,000 from $195,000 a year ago.

http://pbn.com/RI-October-single-family-home-sales-highest-since-October...

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