A new microloft-style hotel is being planned in downtown Providence, at the site of two historical buildings on Westminster Street that were purchased Friday for $4.3 million.
Developer Jim Abdo said he plans to invest at least $30 million more to renovate the two buildings for his new Providence hotel, Hotel Hive, a brand he started with the opening of Hotel Hive in Washington, D.C., in 2016.
The new Providence hotel will be built at the former Providence Journal building at 203 Westminster St., and its next-door neighbor, the former Kresge’s department store.
This is great news for Downtown and great news for these buildings. It has been such a shame that these buildings have remained under-utilized for so long, it will be great to see them lit up, active, and full of people. I also think this location provides a great opportunity for another roof-top restaurant/bar…