Projo Biz Blog

The advocacy group Grow Smart Rhode Island has appointed Howard M. Kilguss, chairman of Portsmouth-based Bioprocess Technologies, as its new chairman. He replaces Deming E. Sherman, a partner at the law firm Edwards, Angell, Palmer and Dodge.

The anti-sprawl group has played an important role in promoting the restoration of historic mill buildings that sat vacant for decades in Rhode Island's major cities.

But Kilguss, a member of the Rhode Island Public Expenditure Council board and a former adviser to Federal Reserve Bank of Boston, takes charge of Grow Smart at a challenging time. The state's historic tax credit, responsible for the mill redevelopment boom, has been suspended. And many downtown areas have been buffeted by a wave of foreclosures.

 Tags  development economy foreclosures Grow Smart Rhode Island historic tax credit Rhode Island Public Expenditure Council

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