The quasi-state panel in charge of allocating a swath of prime development sites in Providence has agreed to offer its most prominent parcel to Hasbro Inc. in a pitch to keep the company from moving to Massachusetts.
The I-195 Redevelopment District Commission voted unanimously Wednesday night to offer "Parcel 42" to Hasbro, if the company wants it, for one dollar. The park-like one-acre lot on the Providence River is at the heart of the city's so-called Innovation District.
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The toy and game company, led by CEO Chris Cocks, has said it wishes to leave its longtime Pawtucket headquarters for a potential move to Boston. Rhode Island officials are pitching Providence instead.
More on this story from Boston Business Journal
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