Second former I-195 parcel to be developed for $20M project

THE PARCEL that the I-195 Redevelopment Commission has agreed to purchase is the one in orange, on east side of the river. It will be sold and developed as a seven-story structure containing a mix of rental housing, office space and retail, under a preliminary plan announced Tuesday.  The total project cost is estimated at $20 million. / PBN PHOTO/MARY MACDONALD
THE PARCEL that the I-195 Redevelopment Commission has agreed to purchase is the one in orange, on east side of the river. It will be sold and developed as a seven-story structure containing a mix of rental housing, office space and retail, under a preliminary plan announced Tuesday. The total project cost is estimated at $20 million. / PBN PHOTO/MARY MACDONALD
(Updated 11:42 a.m.)PROVIDENCE – A second site among the former I-195 development parcels will be sold and developed as a seven-story structure containing a mix of rental housing, office space and retail, under a preliminary plan announced Tuesday. The property is the first sale announced for the east side of the Providence River, and will…

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