Condo project could remake city skyline

PROVIDENCE – Plans for a residential project called “Hope Point Towers” were unveiled by the Fane Organization at the I-195 Redevelopment District Commission meeting Nov. 14.

New York City-based Fane wants to construct three high-end residential towers on Parcel 42, which borders Peck and Dyer streets, and is 47,157 square feet.

According to a press release, the project will include three residential condominium and rental towers featuring 33, 43 and 55 floors on a landscaped, five-story podium with views of the Providence River, Narragansett Bay and the city.

“We see this as … providing highly desired residential opportunities for the young professionals, students, families, executives and seniors who want either a permanent or temporary residence in Providence,” Jason Fane, Fane Organization president, said in a statement.

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A company spokesman said project estimates are not yet available. •

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