The Carpionato Group, who recently submitted a proposal to the 195 Commission to develop the former highway land, has to date not developed a previous acquisition of prime Providence real estate — the former historic Fruit and Produce Warehouse.
Following its purchase of the warehouse from the state — and controversial demolition of the historic property in 2008 — Carpionato, the Johnston-based commercial real estate firm, had presented plans to turn the former fruit market into a mixed used office, retail and hotel development, which have not materialized. The city granted Carpionato preliminary approval for a surface parking lot at the location in 2013.
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