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The 6 biggest business news stories to watch in Rhode Island in 2025 – The Boston Globe

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The 6 biggest business news stories to watch in Rhode Island in 2025 – The Boston Globe


Here are the biggest business news stories to watch in Rhode Island in 2026.

1. Will Hasbro leave Rhode Island for Boston?

Hasbro Inc. has been teasing Rhode Island’s leaders in mulling a move to Boston, and officials are tossing out all sorts of ideas — tax credits, an annual “Rhode Island Hasbro Day,” special access to airport lounges, subsidies for on-site child care — to see what might keep the century-old toy company anchored in its home state.

State leaders pitched Hasbro earlier this winter on six potential locations in three cities where Hasbro could relocate. But in that same meeting, leaders from Rhode Island Commerce and Governor Dan McKee’s office also pitched a series of incentives for the maker of Monopoly, My Little Pony, and Nerf, according to a report and videos released to the Globe on Monday in response to a public records request.

Hasbro spokespeople maintain that they have “no updates” on any potential relocation, but CEO Chris Cocks told employees in late 2024 that they would hear from the company’s leadership team sometime in the first quarter of 2025 about whether they’d be heading for greener pastures beyond Rhode Island.

Antonio Afonso, McKee’s chief of staff and the state’s “point person” on Hasbro, declined to be interviewed.

The Vanderbilt hotel in Newport, R.I. was once a mansion built in the early 1900s.Auberge Resorts Collection

2. The company buying up Newport restaurants

In Newport, there’s one man who seems to be everywhere: Nicholas S. Schorsch.

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A wealthy entrepreneur and investor, Schorsch has been on roll with his Heritage Restaurant Group since relocating to Newport from New York City 12 years ago, and has amassed a growing portfolio.

In 2024 alone, the group acquired restaurants Caleb & Broad, Flo’s Clam Shack, The Reef, The Red Parrot, The Brick Alley Pub, and many more. In late December, the group also announced it would acquire the historic Vanderbilt hotel, a Georgian Revival mansion. It’s not yet clear what the Heritage group paid for the hotel, but the transaction is expected to close in early 2025.

The group also operates Newport Craft Brewing, La Forge Casino Restaurant, La Costa Lobster Rolls and Tacos, Cluck Truck, Cluck House, A Mano Pizza & Gelato, Wiener Wagon, and Wally’s Wieners. It also owns Newport Lobster Company, one of the largest seafood wholesalers in the area, and runs concessions at Easton’s Beach.

Many of the restaurants Schorsch has acquired were family-run operations where the owners were nearing retirement age. His purchase, some say, was a lifeline so they could step away from their businesses. But critics are concerned about the powerhouse the group is becoming, saying that much control over businesses on Aquidneck Island could raise prices and stifle competition.

3. The expansion of Brown University Health

Rhode Island’s largest health care system, Brown University Health, previously known as Lifespan Corp., acquired St. Anne’s Hospital in Fall River and Morton Hospital in Taunton from bankrupt Steward Health Care for $175 million in 2024. This year, the hospital owner plans to expand in Foxborough, Mass., by bolstering two outpatient clinics it purchased from Steward that could generate $43 million annually by fiscal year 2027. The clinics could be an opportunity, officials told investors in December, to expand cancer care and ambulatory surgery into Massachusetts. They also plan to broaden their specialty physician groups.

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Demolition on the Washington Bridge in Providence, R.I.Jonathan Wiggs/Globe Staff

4. Continued fallout from the Washington Bridge closure

The Washington Bridge westbound on Interstate 195 abruptly closed more than a year ago, leaving drivers scrambling, and a long list of questions about went went wrong. The bridge — meant to last at least two more decades — needs to be demolished and rebuilt. Demolition is expected to take another year, and there is no timeline currently for when a new span will be completed. Chicago-based Walsh Construction Company will compete with a joint venture of American Bridge Company from Pennsylvania and New York-based MLJ Contracting Corp. to build the new bridge.

The state has sued 13 companies who were previously hired by the state to inspect the bridge, or do construction or design work. Several defendants have already pushed back on the suit, calling it a political “blame game.” A judge is expected to consider their motions to dismiss the lawsuit this month.

5. More shakeups at the state Housing Department

On New Year’s Eve, Tara Booker, the executive director of homelessness response for the R.I. Department of Housing, submitted her resignation. In a phone conversation with the Globe, Booker declined to comment as to why she would leave, and said she would remain at her post “through at least Jan. 31, and potentially longer.”

“I have a transition plan,” said Booker. “I don’t really want to comment on anything right now. I’m still working and want a productive transition.”

Booker also declined to comment on any winter shelter plans, which is a program she has overseen at the department since she was hired in March 2024. She is one of several of the department’s high-ranking leaders who have given their notice in the last year. Over the summer, former secretary Stefan I. Pryor resigned. Under his leadership, the department faced internal struggles and incomplete projects, and was circumventing procurement rules that may have cost taxpayers tens of thousands of dollars, the Globe reported. In November, after less than a year on the job, deputy housing secretary Deborah Flannery resigned.

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Leaders in the General Assembly, including Senate President Dominick Ruggerio, said they have been “disappointed” in the department’s former leadership. In late November, agency consultant Deborah Goddard was appointed by Governor Dan McKee as the department’s fourth housing secretary since it was created in 2022. Her appointment will need the Senate’s approval.

Like her predecessors, Goddard will face a housing crisis that has been worsening for more than 30 years, developers who may want to build affordable housing but are facing red tape, and inflation.

Work at the “Superman” building in Downtown Providence has been limited.Lane Turner/Globe Staff

6. A funding request from the ‘Superman’ building developer

It’s been two years since the state unveiled plans to redevelop the long-vacant “Superman” building in downtown Providence ― the tallest building in the state ― into apartments with room for commercial space. It was seen as a major win for the McKee administration, but not much has been done since. When asked if the idea of redeveloping 111 Westminster St. from office space into 285 residential units was dead, Senate President Dominick Ruggerio said, “They’re hanging on by their fingernails.”

“They want money,” Ruggerio told the Globe. “The problem is, they never told us how much.”

In August, Providence Mayor Brett Smiley told the Globe that the owner of the Industrial National Bank Building is asking for more than $10 million in additional support to convert the 26-story skyscraper into apartments, but wouldn’t say exactly how much.

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Alexa Gagosz can be reached at alexa.gagosz@globe.com. Follow her @alexagagosz and on Instagram @AlexaGagosz.





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Rhode Island

This RI Garden Transforms Into a Fairy Wonderland

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This RI Garden Transforms Into a Fairy Wonderland


It’s New England’s largest indoor public garden and this spring it’ll once again be teeming with fairies.

The Fairy Garden Days return to the Roger Williams Park Botanical Garden this April with hundreds of handmade fairy houses hidden throughout the Garden’s four greenhouses, plus special events and activities planned for kids every day.

Running from April 11-26, 2026, it’s a great day trip during school’s upcoming April vacation or a wonderful weekend adventure to enjoy an early taste of spring.

What Is Fairy Garden Days in Rhode Island?

This annual event has been one of my favorites since my daughters were babies—and we still go back every year.

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READ MORE: Explore These Ten Botanical Gardens Across the SouthCoast

Artists young and old create elaborate fairy gardens depicting fanciful houses, entire schools or even relaxing health spas (cause fairies need a massage now and then too!). You never know what you’ll see or where you’ll find the gardens throughout the grounds.

Nancy Hall/Townsquare Media

Nancy Hall/Townsquare Media

What Kids Can Do at Fairy Garden Days

Though if your young ones lose interest in the fairy gardens before you do, there are plenty of activities around the greenhouses too. Kids can get hands on at the texture table, create their own wand, pen letters to the fairies or write out wishes, which get released every Thursdays.

Don’t Miss These Outdoor Garden Attractions

Outside the greenhouses are a Japanese-style trail to wander, a rose maze to make your way through and an outdoor play area where the kids can let their imaginations run wild.

Meet the Goats Behind the Garden’s Cleanup Crew

Definitely don’t forget to stop by the goat house between greenhouses 1 and 2 to say hi to the three Nigerian Dwarf goats calling the Botanical Garden home. These three are an invasive plant removal team, helping to naturally rid the Garden grounds of unwanted plants.

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The goats will also celebrate their 9th birthdays during Fairy Garden Days, with a special celebration planned for them on Sunday, April 12 from 1:30 – 3 p.m. Just one of the many special events planned throughout the Fairy Garden Days from April 11-26.

Special Events Happening During Fairy Garden Days

Various fairy visits and story times are planned over the two-week event, with face painting each Tuesday and Saturday and bubble shows every Friday. There will also be an animal encounter with Roger Williams Park Zoo on April 11, Greenhouse Jazz on Sunday, April 19, and a performance from the Toe Jam Puppet Band on closing day, April 26.

READ MORELearn More About the SouthCoast’s Beloved Toe Jam Puppet Band

With the incredibly snowy winter Southern New England has been through, we’re probably all looking forward to finally seeing the start of spring. You can get a jump on flower season by stepping inside the Roger Williams Botanical Garden this April for the return of Fairy Garden Days.

10 Beautiful Botanical Gardens Across the SouthCoast

When the season is right, there are several spectacular gardens around the SouthCoast that are blooming with rows and rows of beautiful flowers. Here are some of the most popular places to tiptoe through the tulips and so much more.

Gallery Credit: Nancy Hall

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See Inside Gorgeous Gardens Hidden Away in Little Compton

For nearly 50 years the grounds of Sakonnet Garden have been growing in what might be the most private garden along the coast.

On certain days, at certain times you can make a reservation to walk among the hundreds of flowers and plants growing in hidden “rooms” on the grounds, or take a sneak peek right now.

Gallery Credit: Nancy Hall

Explore Peaceful Gardens and Towering Cliffs at Immersive Monet

Claude Monet created thousands of works of art over his decades as an artist. He traveled through Europe capturing gardens ,waterways, cathedrals and more. Now you can walk through the world Monet did and experience his artwork in a whole new way at Immersive Monet coming to Boston.

Here’s a taste of the artwork you could be surrounding yourself in.

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Gallery Credit: Nancy Hall





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401Gives Starts Tuesday!

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401Gives Starts Tuesday!


This is a big year for us – hiring a full-time reporter – and we need your help This week, East Greenwich News will participate in the 401Gives – an annual fundraiser organized by the United Way of Rhode Island to support nonprofits across the state. This year, 401Gives will run for two days, from […]



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Medical school at URI won’t ensure primary care docs for RI | Opinion

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Medical school at URI won’t ensure primary care docs for RI | Opinion


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  • Rhode Island is currently experiencing a significant shortage of primary care physicians.
  • Opening a new medical school at URI is not seen as a timely or effective solution to the crisis.
  • Even with more medical school graduates, there is no guarantee they will choose primary care or stay in the state.
  • Better solutions include increasing pay, offering loan repayment, and reducing administrative burdens for doctors.

The doctor is not in, and there’s not one on the way either. Many Rhode Islanders are well aware that the state is facing a harrowing shortage of primary care physicians. As native Rhode Islanders and physicians invested in quality accessible primary care for our community, we are dedicated to working towards policies to support our state.

A medical school at the University of Rhode Island is not the solution to solve the primary care crisis. A medical school at URI would not provide a timely solution, would likely not achieve the target outcome of increasing the number of primary care physicians in the state, and would likely not address the underlying issue of getting doctors to stay. Instead, resources should be allocated now to supporting primary care in ways that would make sustainable change.

Lack of access to primary care is hurting patients now. A medical school at URI would not be a short- or long-term solution. In addition to the time needed to engineer an accredited medical school, it takes seven years to produce an inexperienced primary care physician. Once trained, there still must be an incentive to stay in Rhode Island. Patients do not have access to necessary care for acute and chronic conditions. The burden on our health care system, impacting ER wait times and hospital capacity, impacts everyone. We cannot afford to wait another decade for a solution.

More physicians does not equal more physicians in primary care or in Rhode Island. If the aim is to produce more physicians from URI’s medical school, this will certainly occur, but we should not delude ourselves into believing it will fix primary care. It’s not due to lack of opportunities. In 2019, the National Resident Matching Program offered a record number of primary care positions, yet the percentage filled by students graduating from MD-granting medical schools in the United States was a new low. Of 8,116 internal medical positions that were offered, just 41.5% were filled by U.S. students; most residency spots went to foreign-trained and U.S.-trained osteopathic physicians.

As medical schools across the country look to debt reduction as a means of encouraging students to enter primary care specialties, their goals have fallen far short. In 2018, The New York University School of Medicine offered full-tuition scholarships to every medical student, regardless of merit or need. In 2024, only 14% of NYU’s graduating seniors entered primary care, lower than the national average of 30%.

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There must be an incentive to stay in Rhode Island (or at least not a disadvantage). Our efforts must shift to recruiting and maintaining physicians in primary care. Inequitable reimbursement from commercial insurers between Rhode Island and neighboring states (leading to significantly lower salaries than if you lived here and traveled to Attleboro to care for patients), the lack of loan repayment(average medical student debt is $250,000, forcing the choice between meaning and money), and the ongoing administrative burdens are amongst the drivers away from primary care. Rhode Island needs to get on par with surrounding states to prevent physicians from going elsewhere.

The motivations behind opening a medical school are well intended in terms of wanting to increase the number of primary care providers by enabling local talent to train close to home. Training more people in Rhode Island will not keep them here; it will invest significant resources without addressing the root of the issue. Until there are comparable salaries between Rhode Island and our neighbors, until loan repayment is improved and the administrative burdens are reduced, primary care in the state will forever be fighting an uphill battle. Both providers and patients suffer the consequences.

Dr. Kelly McGarry is the director of the General Internal Medicine Residency at Rhode Island Hospital. Dr. Maria Iannotti is a first-year resident, a Rhode Islander intent on practicing primary care in Rhode Island.



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