Although we had many offers to move employees outside city limits, we chose to stay in Providence and have leased space in once rundown buildings on Baker
Street, Ellenfield Street, Chapman Street, Georgia Street and Virginia Avenue in the Allens Avenue area. Because Lifespan chose to lease this space, it
remains on the city tax rolls.
Lifespan was the first health care system to come to a voluntary agreement with the City of Providence in 2012 to contribute $2.4 million over three years
We recognize the need and importance of investing in South Providence and helping to revitalize this neighborhood. As part of the Providence Community
Health Center’s major project on Prairie Avenue (former Federated Lithographers site), Lifespan will invest $5 million over 10 years to serve as an anchor
tenant in one of the buildings on the site.
The growing combined research enterprise of Lifespan and The Warren Alpert Medical School of Brown University has led to the rejuvenation of the Jewelry
District, with the Coro and Claverick buildings now home to vibrant research labs and clinical teaching space.
In addition to the economic benefit that we bring as the city and state’s largest employer, we also generate high-paying jobs and economic development
through our thriving research sector. Over this past year, our external research funding – which directly reflects the total academic research activity
across our hospital system – has reached an all-time high of $82.9 million dollars in grants and contracts. This is a truly remarkable achievement given
the significant decline in research funding nationally. Approximately 80 percent of this funding comes from federal agencies, such as the NIH; the remainder of
our funding was provided through strategic alliances with corporate partners. Over 350 faculty members are engaged in research, and these activities all
serve to employ over 550 talented research-support staff members within our system, thus directly impacting the Rhode Island economy – and our Knowledge
District – as one the state’s largest research institutions.
Lifespan benefits Rhode Island’s economy as a whole as our research enterprises: