Rhode Island Commerce Corporation recently approved $2.2 million in tax incentives for the $15.5 million Farm Fresh RI Food Hub project in Providence, RI.
The 3.2 acre food hub and permanent indoor farmer’s market will co-locate the Farm Fresh organization along with a cluster of local food and farm businesses, in the hopes to work together and boost the food industry and production within the state.The Food Hub is set to create an environment that stimulates job creation and small business success while providing opportunities for nutrition education and job training i.e. housing Farm Fresh RI Harvest Kitchen, a culinary arts training and production center that works with unemployed Rhode Islanders.
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The $2.2 million Rebuild RI tax incentives will go towards the development of a new 61,500-square-foot building at 498 Kinsley Avenue in Providence. The project is expected to create 284 construction jobs and 117 permanent jobs initially. Groundbreaking is set for 2019, possibly late this summer.