EDC approves bonds for I-195 land, dredging project

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COLIN P. Kane, head of the I-195 Redevelopment Commission, said the commission wanted to get
COLIN P. Kane, head of the I-195 Redevelopment Commission, said the commission wanted to get "shovels in the ground and cranes in the sky," on the former I-195 land that the EDC just approved purchase of. / PBN PHOTO/BRIAN MCDONALD
PROVIDENCE – The R.I. Economic Development Corporation Monday night approved issuing bonds to buy the former Interstate 195 land in Providence and dredge the channel leading to the Port of Davisville in North Kingstown. The $42 million I-195 bond will pay for the transfer of 40 acres of Jewelry District land uncovered by the removal…

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