Complex to create Rhode Island jobs
Posted on March 30, 2018
A new complex built on innovation is creating Rhode Island jobs.
State and local officials joined representatives from Wexford Science and Technology, Brown University, the Cambridge Innovation Center, Johnson & Johnson and members of the public to celebrate the completion of construction on the steel framing surrounding the Wexford Innovation Complex.
The project is being built on former I-195 land in the heart of Providence’s Innovation and Design District and is expected to be completed in 2019. The Complex will generate approximately $100 million in additional revenues to the State over the next 20 years, according to third-party analysis.
“For too long, the I-195 land was vacant,” Governor Raimondo said. “Today marks the continuation of something transformational — not just for this land, but for our state and its economy. Wexford, Cambridge Innovation Center, Johnson & Johnson, Brown University and others are making an investment in Rhode Island because we are making crucial, forward-thinking investments in our people and our economy.”
“Wexford’s project is advancing our state’s economy in significant ways — fostering innovation, spurring growth, and building opportunity for all Rhode Islanders,” said Rhode Island Commerce Secretary Stefan Pryor. “This project is a catalytic centerpiece of our revitalized I-195 Innovation & Design District. It represents the culmination of the very hard work of many including our visionary governor, Gina Raimondo; leaders at the I-195 Commission and the Rhode Island Commerce Corporation; the teams at Wexford Science & Technology, Ventas, CIC, Brown University, and Johnson & Johnson; and state, city, and federal elected leaders. We congratulate these partners on reaching this critical milestone.”