On Wednesday, Citizens Financial Group announced their plans to build a corporate campus on a greenfield site in Johnson outside Route 295, while maintaining their current corporate headquarters in Providence.
As reported by WPRI, the 420,000 square foot campus will house 3,200 employees. Construction will start this year with occupancy in 2018.
Rhode Island Public Radio reports the campus will feature an on-site cafeteria, fitness center, and walking paths.
The Providence Journal reports on some financial help Citizens received for the project, notably:
Citizens and the Rhode Island Department of Transportation have agreed to split the $6-million cost to build new exit and entrance ramps onto Route 295, between current exits 6 and 7, where the highway crosses Greenville Avenue. The DOT will pay $3 million, and construction is expected to start in the spring of 2017, DOT spokesman Charles St. Martin said;
Didn’t we just pass a super-controversial bill to toll trucks because RIDOT can’t afford to maintain what it has now? Now RIDOT is building infrastructure for private development?