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THE HOTEL HIVE PROVIDENCE project on Westminster Street is one of the projects that has received a tax break from the city. The development is on hold due to the pandemic, with the developer considering asking for an extension on deadlines in agreements with the city. / COURTESY ABDO DEVELOPMENT

Do proposed changes to city’s policy on tax breaks threaten development?

Tax breaks are one way the city of Providence has persuaded developers to build or rehabilitate properties, but a proposal to overhaul the terms...

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,...
A RENDERING of the proposed Hive Hotel Providence by Abdo Development. / COURTESY ABDO DEVELOPMENT

Tax deal for Providence hotel project OK’d to go to mayor...

PROVIDENCE – The City Council on Tuesday night gave a second OK for a $2.7 million tax break for a developer planning to turn...

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...
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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