Developer ditches proposal for downtown Providence hotel, wants apartments instead

THE DEVELOPER OF a $39 million redevelopment project known as Hotel Hive has nixed the hotel component and plans to center the project on market-rate apartments instead, with a request for a new tax deal from the city. / COURTESY ABDO DEVELOPMENT
PROVIDENCE – The hotel part of the “Hotel Hive” project planned for downtown Providence is off the table. In its place, the developer wants to turn the former Providence Journal building into an apartment complex with retail and coworking space, and is asking the city for a new tax deal to do it. The city…

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