PROVIDENCE — The commission overseeing development of the former Interstate 195 land voted to spend up to $950,000 in district funds on two projects centered around a building at One Ship St., what it hopes will become the nucleus of an innovation district.
The building is part of the emerging Wexford Science & Technology campus. It’s temporary, however, intended to accommodate several tech-related businesses only until the formal Wexford campus is developed on adjoining lands.
Wexford, which is nearing a closing on its initial purchase of land in the district, plans a 200,000-square-foot innovation center fronting Dyer Street.
At the adjoining One Ship St., which Wexford already owns, Johnson & Johnson has recently moved in as a tenant. In a vote Monday, the I-195 Redevelopment District Commission authorized spending up to $600,000 in a district development fund to outfit another part of the building for another tenant, the New England Medical Innovation Center.