Hope Point Tower developer wants to revisit purchase agreement, relief from project deadlines

Mary MacDonald

06/22/2020

Hope-Point-Tower — THE DEVELOPER of the Hope Point Tower is seeking relief from its deadlines through the COVID-19 pandemic, and also seeks to renegotiate its purchase terms. / COURTESY THE FANE ORGANIZATION.

PROVIDENCE – The developer who has sought to build a luxury high-rise in Providence for the past four years has asked the I-195 Redevelopment District Commission to remove all project deadlines, given the COVID-19 pandemic, and to reopen the agreement for the land purchase. So far, the I-195 district leadership has extended deadlines, but has…

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