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Providence is the capital and the most populous city of the U.S. state of Rhode Island. Located in Providence County, the city is the second-largest city in New England. The population within the city limits is estimated to be 176,862 as of 2005, and is the anchor of the 35th largest metropolitan population in the country, with an estimated MSA population of 1,622,520, exceeding that of Rhode Island by about 60%. Providence was named by Roger Williams in honor of "God's merciful Providence" in his finding this spot to settle when expelled by the Puritans from Massachusetts. The city was one of the first cities to industrialize in the United States and was noted for its jewelry and silverware industry. Today, Providence city proper alone is home to eight hospitals and seven institutions of higher learning, causing its economy to be heavily dominated by service-oriented industry and, in recent years, retail. The city was once nicknamed the "Beehive of Industry" and, since the 1990s, "The Renaissance City," though as of 2000 census, its poverty rate was still among the ten highest for cities over 100,000. History
This area was first settled in 1636 by Roger Williams, and was one of the original Thirteen Colonies. Williams secured a title from the Narragansett natives around this time and gave the city its present name. Williams also cultivated Providence as a refuge for persecuted religious dissenters, as he himself had been exiled from Massachusetts. However, Providence's growth was slow during the next quarter-century. The Providence territory would become smaller as more and more of the land would become part of different towns. The city's slow growth was also due to the rocky, hilly, and heavily wooded land which made farming difficult, as well as the tradition of dissent and independent-mindedness.
The city began to see a decline by the mid-1920s as industries, notably in textiles, shut down.[1] The Great Depression hit the city hard, and Providence's downtown was flooded by the New England Hurricane of 1938 soon after. The city saw further decline as a result of the nation-wide trends, with the construction of highways and increased suburbanization. From the 1950s into the 1980s, Providence was notorious as a bastion of organized crime. The legendary mafia boss Raymond Patriarca ruled a vast criminal enterprise from the city for over three decades, during which murders and disappearances associated with organized crime would become commonplace.
The recent renaissance has triggered new investment within the city, including many new condo projects, hotels, and a new office tower, which are quickly filling in more of the land freed up by the railroad relocation (see also Current and Recent Construction Projects in Providence). However, there is fear that they will ruin the historic look of the city. Additional concerns include an equitable taxation policy for several of the new luxury highrises. Despite new investment, poverty remains an entrenched problem as it does in most New England post-industrial cities, with nearly 30 percent of its population living below the poverty line. Recent increases in real estate values further exacerbate problems for those at marginal income levels, as Providence had the highest rise in median housing price of any city in the United States from 2004 to 2005. Research Tips
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