Student housing developer receives third extension on I-195 project

THE INTERSTATE 195 REDEVELOPMENT DISTRICT COMMISSION has granted a third extension to the developer looking to build student housing on the former I-195 land in order to reach an agreement with Providence on a tax stabilization agreement. / COURTESY PHOENIX PROPERTY CO.
THE INTERSTATE 195 REDEVELOPMENT DISTRICT COMMISSION has granted a third extension to the developer looking to build student housing on the former I-195 land in order to reach an agreement with Providence on a tax stabilization agreement. / COURTESY PHOENIX PROPERTY CO.
PROVIDENCE — For the third time, the Interstate 195 Redevelopment District Commission has extended a deadline to allow a developer to try to reach an agreement on a tax stabilization plan with the city. The Dallas-based developer, a combined effort of the Phoenix Property Co. and Lincoln Property Co., wants to build a six-story building…

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