Rhode Island may sell Shepard Building, other real estate
PROVIDENCE — The University of Rhode Island’s Providence campus would move out of the historic Shepard Building to an unknown location under state plans to sell government real estate released on Friday evening.
The state Board of Elections would be moved out of its current Providence headquarters on Branch Avenue, and the state Medical Examiner’s Office would move from its laboratory on Orms Street in the next two years, according to the proposals from an ad hoc committee charged with finding state savings. The recommendations do not say where either of those agencies would go.
The real estate sales are part of a wider effort by a group of state officials and groups with business before the state, known as the Efficiency Commission, to come up with at least $10 million in money-saving ideas for the budget year that starts July 1.
By putting more than a dozen state properties on the market — including the Shepard Building, BOE headquarters and morgue — the Efficiency Commission estimates revenue of $16 million to $25 million over the next two years, plus savings of another $2.5 million by reducing annual operating costs.
Read more: https://www.providencejournal.com/news/20190503/ri-may-sell-shepard-building-other-real-estate
