I-195 commission extends time for developer to make deal with city

THE I-195 REDEVELOPMENT DISTRICT COMMISSION has given Dallas-based Friendship & Clifford LLC one more month to come to a tax incentive agreement with Providence for its proposed six-floor student apartment building. At that point, the developer may back out of the deal. The 1.25-acre site is known as Parcel 28. / COURTESY I-195 REDEVELOPMENT DISTRICT COMMISSION
THE I-195 REDEVELOPMENT DISTRICT COMMISSION has given Dallas-based Friendship & Clifford LLC one more month to come to a tax incentive agreement with Providence for its proposed six-floor student apartment building. At that point, the developer may back out of the deal. The 1.25-acre site is known as Parcel 28. / COURTESY I-195 REDEVELOPMENT DISTRICT COMMISSION
PROVIDENCE — A company that has proposed a $50 million student apartment building on the first parcel under contract in the former Interstate 195 lands has received a one-month extension to secure an agreement for tax incentives with the city. The request made by Dallas-based Phoenix Property Co. and Lincoln Property, and approved unanimously by…

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