NewsRadio 920 WHJJ and the Associated Press
PROVIDENCE, R.I. (AP) — The Rhode Island Board of Education has endorsed legislation outlining the terms of a lease for a nursing education center in Providence that's the centerpiece of a major proposed redevelopment project.
The board on Monday night unanimously endorsed draft legislation outlining the lease terms for a shared University of Rhode Island-Rhode Island College nursing center in the vacant South Street Power Station.
The endorsement is an early victory for the project, which needs additional approval.
The legislation authorizes a 15-year lease with an annual cost of $6 million for the first five years.
Under the redevelopment proposal, about half the space would be used by the schools' nursing programs. The rest would be occupied by Brown University administrative offices.
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