Cambridge is a good place for a research park
The Providence Journal's A decision at URI: Build a research park or save the ‘Century Forest’ story suggests to me that URI too narrowly confined the possible sites of its research park. A research facility needs at least as much access to money, services, and skilled staff as it does to faculty and their laboratories. The proximity to the URI campus is more for the benefit of URI's image as a "Think Big" institution than for anyone else. If you really want to support the researchers then place the facility in Providence or, for a higher expectation of near term success, in Cambridge!