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Pandemic clouds future of Fane tower

The COVID-19 pandemic has clouded plans for many large-scale development projects, including the proposed 600-foot Hope Point Tower in Providence. The Fane Organization, in documents...

Fane Organization seeks ‘pause’ on Hope Point Tower deadlines

PROVIDENCE – The developer who hopes to build a luxury residential skyscraper in downtown Providence is seeking a “pause” of an unspecified time to...
A PREDEVELOPMENT schedule has been set for the Hope Point Tower. / COURTESY THE FANE ORGANIZATION.

I-195 commission sets schedule for Hope Point Tower pre-development requirements

PROVIDENCE – A schedule for the pre-development and business plan requirements for the Fane Organization’s Hope Point Tower was approved Wednesday by the I-195...
THE BASE of the Hope Point tower, as shown in a rendering that faces Dyer Street from the new city park./COURTESY I-195 REDEVELOPMENT DISTRICT COMMISSION.

I-195 commission approves design for Hope Point Tower

PROVIDENCE — The luxury high-rise Hope Point Tower gained a critical approval Wednesday, securing design waivers that will allow its developer to build on...

House approves $10B budget that continues car-tax phaseout; expands medical marijuana

PROVIDENCE – The House on Saturday overwhelmingly approved a $9.97 billion spending plan for fiscal 2020 that continues a car-tax phaseout and expands a...
THE FANE ORGANIZATION'S Hope Point tower has been a controversial project ever since it was first proposed. Should its units be completely sold or leased before construction starts on it, assuming it is approved to be built? / COURTESY CITY OF PROVIDENCE

Do you think it is important that the developer of Hope...

Recent PBN reporting has estimated the per-square-foot price of condominiums in the Hope Point tower will likely be more than twice as expensive as...
PUBLIC HEARING: A public hearing before the Downtown Design Review Committee in Providence on the proposal for the Hope Point tower by developer Jason Fane, president of The Fane Organization. From left, Fane; his sister Daria Fane, vice president of The Fane Organization; and their architect, Gianni Ria, director of design, IBI Group. In the foreground recommending denial of the project is City Councilman Seth Yurdin.
 / PBN PHOTO/MICHAEL SALERNO

Where’s the market for Hope Point?

How high can the Hope Point tower climb? Its size has fueled doubters who say it won’t fit in, leading to extensive government review...
A LAWSUIT in Superior Court seeks to overturn newly approved zoning that would allow the Hope Point Tower in Providence./COURTESY THE FANE ORGANIZATION.

Lawsuit filed over Hope Point Tower

PROVIDENCE – A lawsuit has been filed against the City Council of Providence, the I-195 Redevelopment District Commission and developer Jason Fane that challenges...
THE HOPE POINT TOWER project is now expected to move forward to city design review. / COURTESY THE FANE ORGANIZATION

I-195 commission approves revised purchase and sale, development agreements for Fane...

PROVIDENCE — The Fane Organization on Wednesday secured a revised purchase and sale agreement with the I-195 Redevelopment District Commission for the Hope Point...
TAKING A STAND: Providence Mayor Jorge O. Elorza vetoed a proposed change to city zoning regulations that would have allowed the Fane Organization to build a 600-foot tower in the former Interstate 195 land? Was that a good decision by the mayor? / COURTESY THE FANE ORGANIZATION

Do you agree with Providence Mayor Jorge O. Elorza’s decision to...

Hope Point Tower, the 46-story, nearly 600-foot residential building that New York developer The Fane Organization wants to build on former Interstate 195 land...

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