South Street Landing project construction expected to begin this month

THIS IS A RENDERING of the South Street Landing project, which features a joint URI/RIC nursing-education center, Brown University administrative offices, a new parking garage and a residential/commercial component. Construction is expected to begin this month.  / COURTESY CV PROPERTIES LLC
THIS IS A RENDERING of the South Street Landing project, which features a joint URI/RIC nursing-education center, Brown University administrative offices, a new parking garage and a residential/commercial component. Construction is expected to begin this month. / COURTESY CV PROPERTIES LLC

PROVIDENCE – Construction of the $220 million South Street Landing project is expected to begin this month, following initial site work.
A crane arrived on the site in recent days, and is being used to clear materials from the roof of the former South Street power station building.
The development project, a joint effort of developers CV Properties LLC and Wexford Science & Technology, will provide space for the University of Rhode Island and Rhode Island College nursing education center, as well as administrative offices for 450 Brown University employees.
The builder is Gilbane Building Co.
As part of its move into the completed space, Brown will occupy 136,000 square feet, according to a notice sent to employees.
Thirteen administrative offices will relocate from Brown University’s College Hill campus, including the offices of advancement, budget, business and financial services, university communications, controller, environmental health and safety, human resources, general counsel, government relations and community affairs, internal audit, the provost’s service center, real estate and research.
Initially, construction will not impede traffic in the area, said Eric Cote, a spokesman for CV Properties. Major work is expected to begin within a few months. In July, the developers completed a financial closing on the property, with Wexford Science & Technology, based in Baltimore, providing capital for the project. The amount was not disclosed.
“The project is fully funded,” Cote said.
A parking garage with 744 spaces will be constructed on an adjoining site on Eddy Street, with that work expected to begin this summer. The garage will provide space for the South Street Landing tenants, as well as for occupants of a 220-bed graduate student housing development, which will face Point Street. Construction of the housing component will begin when the parking garage is completed, Cote said, because the residential buildings will be located on an existing parking lot for Davol Square tenants.
Completion of South Street Landing is scheduled for November 2016, with classes expected to begin in the new facility that spring.
The developer soon will activate a website for the project, providing detailed information for tenants, neighbors and others about any travel restrictions or impacts, sidewalk impacts and other related issues.
An initial website is now available at www.southstreetlanding.com, which includes an option for visitors to receive updates about the project.

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