Wednesday, September 28, 2022

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Developer ditches proposal for downtown Providence hotel, wants apartments instead

PROVIDENCE – The hotel part of the “Hotel Hive” project planned for downtown Providence is off the table. In its place, the developer wants to...

Hotel Hive developer: extension request ‘inevitable’ amid financing struggles

PROVIDENCE – The developer planning to turn the former Providence Journal building into a boutique hotel with retail and loft apartments will not meet...

Hotel Hive project on hold; developer may seek deadline extension

PROVIDENCE – A controversial tax deal inked between the city and a hotel developer may need to be revised due to the pandemic. Jim Abdo,...

Wage requirements in Providence TSA proposal pit developers against unions

PROVIDENCE – A proposal to add wage and labor requirements for developers whose projects receive property tax breaks in the city has fanned flames...

Providence City Council looks to expand authority over tax breaks to...

PROVIDENCE – After failed attempts to remove politics from the city’s process for giving tax breaks to developers, the Providence City Council appears to...

City Council approves tax deal for Providence hotel

PROVIDENCE – The City Council on Thursday approved a $2.7 million tax break for a developer planning to turn two vacant downtown buildings into...
COUNCIL BYPASS: A Providence City Council finance panel’s recent vote to effectively block a $39 million project from getting to the full council suggests it is time such projects be allowed to follow an administrative, rather than political, approval process.

City must stop throwing roadblocks in front of worthy developers

Despite all the talk about making Providence more hospitable for developers, some city officials continue to throw roadblocks in front of worthy projects. The latest...
A PROJECT two convert two vacant building in downtown Providence into a hotel and microlofts is on hold after failure to obtain a tax stabilization agreement with the city. / COURTESY ABDO DEVELOPMENT

WPRI: Hotel Hive developer puts project on hold without TSA

PROVIDENCE – The developer behind the proposed Hotel Hive Providence, Jim Abdo, has placed his plans to convert the historic downtown property into a...
RENOVATED MANOR: Will Bradfield is the co-general manager at the 16-room Cliffside Inn in Newport that underwent a renovation earlier this year. The painting at left is by Beatrice Turner, who summered at the manor from 1907-1948.
 / PBN PHOTO/DAVE HANSEN

Boutique Revival

Since November 2017 there have been 15 boutique hotel construction and/or renovation projects completed or announced in three Ocean State communities. Combined, the projects...
THE R.I. COMMERCE CORP. has approved $6 million in tax increment financing for Westminster Partners LLC to construct the Hotel Hive in two vacant buildings on Westminster Street./ COURTESY ABDO DEVELOPMENT

Commerce RI approves $6M TIF for Hotel Hive construction, among other...

PROVIDENCE – The R.I. Commerce Corp. voted to approve a $6 million tax increment financing agreement for Westminster Partners LLC’s construction of the Hotel...
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