AN AERIAL view of the proposed Fane Organization's Hope Point Tower. / COURTESY THE FANE ORGANIZATION
PROVIDENCE — Opponents and supporters of the Hope Point Tower once again pressed their cases before a City Council committee on Monday, following a presentation by the New York-based developer for a $300 million residential skyscraper. The Hope Point Tower would become the city’s tallest building if approved. But to get that height, The Fane…
In addition to being in an area which will flood due to sea level rise, the project will harm the long term prospects of Providence by driving greater inequality. It is also a project predicated on the growth of the medical industrial complex, which has the effect of raising the cost of healthcare beyond what is affordable. So we get a project that increases inequality, drives up the cost of housing, and makes haalth care unaffordable. But the political leadership of RI only work for the rich and can not understand the costs of what they are doing. They only have dollar signs in their eyes.
I had much more I could have said at the eharing, but it would have taken almost as long as the dog and pony show from the developer and they gave us 2 minutes, a technique guaranteed to prevent good debate.
I welcome this development. This does not negate the need for affordable housing but I am hearing some of the same arguments that were made against Waterplace towers, Providence Place mall, the Convention Center, and the building of Waterplace park. 800 people living in an area where no one currently lives brings supporting businesses. These people will need services and shopping. It will help to breath some life into the jewelry district.
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In addition to being in an area which will flood due to sea level rise, the project will harm the long term prospects of Providence by driving greater inequality. It is also a project predicated on the growth of the medical industrial complex, which has the effect of raising the cost of healthcare beyond what is affordable. So we get a project that increases inequality, drives up the cost of housing, and makes haalth care unaffordable. But the political leadership of RI only work for the rich and can not understand the costs of what they are doing. They only have dollar signs in their eyes.
I had much more I could have said at the eharing, but it would have taken almost as long as the dog and pony show from the developer and they gave us 2 minutes, a technique guaranteed to prevent good debate.
I welcome this development. This does not negate the need for affordable housing but I am hearing some of the same arguments that were made against Waterplace towers, Providence Place mall, the Convention Center, and the building of Waterplace park. 800 people living in an area where no one currently lives brings supporting businesses. These people will need services and shopping. It will help to breath some life into the jewelry district.