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Lawmakers bend rules for Hope Point

Even as the House reduced Gov. Gina M. Raimondo’s request for incentives to replenish her economic programs, most notably the real estate development program...
GETTING A BOOST: As the 2019 session of the Rhode Island legislature comes to an end, the fiscal 2020 budget includes an expansion of potential incentives for the luxury residential Hope Point tower, to be built ON former Interstate 195 land in Providence. / COURTESY THE FANE ORGANIZATION

Was the R.I. House correct to raise the limit for tax...

In the last-minute rush to pass a budget for fiscal 2020, the R.I. House of Representatives threw a few curve balls, not the least...
video

PBN on WJAR-TV, April 29, 2019

Hope Point could set a new standard for luxury condos in Providence, but where will the buyers come from? Every week, PBN Editor Mark S....
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...
CHAZ YORKVILLE: The 47-story Chaz Yorkville tower, in Toronto, was completed in 2015. It has 526 units and is located in an affluent area of downtown Toronto.
 / COURTESY THE FANE ORGANIZATION

Fane’s done it before – in Toronto

Before Jason Fane became something akin to a household name in Providence, he was better known as one of the biggest landlords in another...
A BILL INTRODUCED by Senate President Dominick J. Ruggerio, D-Providence, that would give greater power to the state to direct projects on state-owned land, will now move to the Senate for a vote. / PBN FILE PHOTO/MICHAEL SALERNO

Ruggerio eyes speedier development

The power of cities and towns to block, or even shape, development they don’t like could be dramatically altered under an economic-development bill introduced...

Revised design for Hope Point tower presented to city committee

PROVIDENCE – A slightly revised design for the Hope Point tower was presented March 11 to the Downtown Design Review Committee, a panel that...
The new design for the Hope Point tower. Courtesy City of Providence

Revised design for Hope Point tower presented to city committee

PROVIDENCE — A slightly revised design for the Hope Point tower was presented conceptually to the Downtown Design Review Committee Monday, a panel that...
THE PROPOSED SITE plan for Hope Point, which passed a preliminary vote of the Interstate 195 Redevelopment District Commission. Some residents have voiced concern over the project and its effect on downtown Providence. / COURTESY THE FANE ORGANIZATION

Hope Point tower project returns to I-195 commission

PROVIDENCE – Development of a luxury high-rise in downtown Providence is back before the I-195 Redevelopment District Commission. The commission is scheduled to meet Wednesday...
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