Wednesday, February 8, 2023

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PBN’s most-read stories of 2022

From developments with the potential to reshape the landscape of Providence and a steady stream of million-dollar home sales across Rhode Island, to ongoing...

City panel gives preliminary approval to contested ‘Superman’ building tax treaty

PROVIDENCE – Plans to revive the dormant “Superman” building are inching closer to reality, with a city panel giving preliminary approval to a 30-year...

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...
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