A central focus of Pawtucket and neighboring Central Falls for more than a decade, riverfront redevelopment slowed during the recession, giving local officials the chance to study, plan and prioritize for the recovery.
Now that the economy appears headed in the right direction, some of those plans are being put into motion[.]
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An earlier city effort to redevelop [45 Division Street] focused exclusively on building a hotel there, but the winning bid from Carpionato Group stalled when the market collapsed and the city took back control of the land.
A hotel is no longer required and the city is open to a mixed-use project with apartments above first-floor shops.
Stick a fork in it: Pawtucket Hampton Inn[/alert]
I have little faith in the Carpionato Group…remember the 17 floor hotel proposed at the Capital Center parcel next to a Federal building and Union Station?
Carpionato isn’t involved with the Division Street project any more. The City took the property back in 2009.