Ancora health11/3/2022 “Often, the certainty that comes with tenancy from a Rhode Island anchor institution is an essential factor as private developers consider new investments in Providence,” Brown President Christina Paxson said in a news release announcing the university's planned role in the complex. Jewelry District: Brown University buys 10 properties in bid to build new lab The university has signed a letter of intent to lease 20,000 square feet for 10 years in the new Health Lab building.īrown has been deployed as an anchor tenant in several state-subsidized Jewelry District buildings in recent years, including the South Street Landing nursing education center and the Wexford Science and Technology Building. Brown's increasing footprint in districtīrown has been buying up properties in the Jewelry District and expanding its medical and life-science facilities in the neighborhood. The state would pay a facilities management fee, but the amount of the fee has not been determined, said Laura Hart, spokeswoman for the Department of Administration. Centers for Disease Control and Prevention to pay for construction of the Health Lab part of the building. The state will use an $81.7-million grant from the U.S. Under the plans released Tuesday, Rhode Island would own the 80,000-square-foot State Health Lab in a condominium arrangement while Ancora L&G owns the rest of the building.
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