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ProJo: Firm chosen to broker former Route 195 land

195-land-aerial-ridot

195 Land aerial. Photo © RIDOT.

The commission charged with developing 19 acres of former highway land in the heart of Rhode Island’s capital city is gearing up to accept proposals from developers interested in building on the land.

At a Monday meeting, the Route 195 Redevelopment District Commission gave approval for Executive Director Jan A. Brodie to draw up a contract with the real-estate firm Jones Lang LaSalle, one of four firms that bid to broker the land. Brodie recommended the Boston office of the Chicago-based firm, she told the commission, for its competitively priced bid, its experience in the national and international real estate markets and its very large “Rolodex.”

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4 Responses to ProJo: Firm chosen to broker former Route 195 land

  1. truthspew January 15, 2014 at 12:26 pm #

    Looking at the photo something occurred to me. You could probably free up 20 or more acres if you simply built two or three large parking structures.

    And they don’t even have to be above ground. The robotic car parks are pretty interesting, need minimal space above ground but can store a huge number of cars in an underground space..

  2. Jason January 15, 2014 at 2:35 pm #

    It is nice that the primary lot in that picture will be developed by J&W now that they have their large 800 spot lot.

    I just wish they rehabbed the Parkade instead of building something fresh on a surface lot that would have been great for buildings.

  3. Jef Nickerson January 15, 2014 at 3:32 pm #

    Do you mean the Outlet Garage? The Parkade was what is the Biltmore Garage now (well, it was called “the New Parkade”).

  4. Jason January 15, 2014 at 3:36 pm #

    Yes! My bad.

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