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

A RENDERING of the proposed Hive Hotel Providence by Abdo Development. / COURTESY ABDO DEVELOPMENT
A RENDERING of the proposed Hive Hotel Providence by Abdo Development. / COURTESY ABDO DEVELOPMENT
PROVIDENCE – The City Council on Tuesday night gave a second OK for a $2.7 million tax break for a developer planning to turn two vacant downtown buildings into a boutique hotel, restaurant and coworking space. The 20-year tax-stabilization agreement for the Hotel Hive Providence was approved by a 9-5 vote, despite opposition from union…

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