Categories

Tag Archives | 195 Relocation

PBN: Garrahy parking garage seen as lure for development

garrahy-garage-bing

Image from Bing Maps

Contrary to conventional wisdom, things may be looking up for the future of Providence’s former Interstate 195 lands.

At least five organizations have confirmed making formal bids to build on the 19 developable acres freed by the removal of the highway.

One of them, a plan by Ocean State Angels and Cambridge Biolabs to build a life science accelerator at the corner of Richmond and Clifford Streets, is just the kind of “Knowledge District” concept envisioned by state leaders when they created the I-195 Redevelopment District Commission in 2012.

And perhaps even more favorable for commissioners, the General Assembly last week approved the construction of a $45 million, seven-level parking garage explicitly intended to boost interest in the land.

It would be enlightening to know what if anything those five bidders have said about parking. But since those discussions are held in closed door Executive Session meetings not open to the public, I guess we’ll never know.

5

195 Redevelopment District Commission Meeting – October 21, 2013

featured-195commission A meeting of the I-195 Redevelopment District Commission will be held at Rhode Island Commerce Corporation, 315 Iron Horse Way, Providence, Rhode Island, on MONDAY, October 21, 2013, beginning at 5:00PM, for the following purposes

Public Session

Call to Order: The Chairperson

  1. Welcome by Chairperson: Chairperson Colin Kane.
  2. Approval of the Minutes of the Commission Meetings held on August 28, 2013 and September 9, 2013.
  3. Executive Director’s Report – Review of Activities from May through October 2013 and Proposed Activities in November 2013 Through March 2014 to advance Marketing of District Real Estate.
  4. Report on Legal Issues: Creatiion of Standard Disposition Documents and Precess; Life Science Tax Credit; Deeble Litigation Status.
  5. Update by DK-Communications, LLC on Public Relations.
  6. Approval of Resolution Supporting Burial of Power Lines.
  7. Review and Approval of Proposed 2014 Schedule of Committee Meetings.
  8. Chairman’s Report – Review of Activities in Past Month and Proposed Future Activities/Tentative Agenda for November 19, 2013 Meeting.
  9. Update on Attorney General/Open Meeting Law Violation.
  10. Vote to Adjourn.

0

Two stories about the 195 Commission today

195-land-aerial-ridot

195 Land aerial. Photo © RIDOT.

First in the Journal; “A step forward for vacant land – Former Route 195 land less polluted than anticipated, reducing one of many hurdles

The prime real estate in the heart of the capital city now available for development after the Route 195 relocation project got an environmental green light on Monday night from an engineering team.

Environmental studies by the firm Fuss & O’Neill show the former highway land is in far better shape than its past use might have suggested, engineer John A. Chambers told the Route 195 Redevelopment District Commission at its monthly meeting.

“This is fantastic news,” said Chambers, a vice president with the firm hired by the commission to conduct civil, environmental and transportation engineering. “I felt like Chicken Little telling you at previous meetings what we might find. I’m ecstatic we didn’t find it.”

Then, from the Providence Business News; “I-195 Commission worries over budget

The commission managing the former Interstate-195 lands considered the $900,000 in this year’s state budget the minimum needed each year to redevelop and maintain the downtown properties. But I-195 Commission Chairman Colin Kane said Monday that state budget officials have told him they expect that money to last three years.

“It was a surprise,” Kane said about learning from budget officials representing the governor, House and Senate leadership last Wednesday that they did not expect to repeat the fiscal 2013 appropriation in the budget for next year. “There is surely a minimum standard that clearly I didn’t [previously] articulate strongly enough.”

I have to assume it never occurred to anyone at the State House to set a budget for this Commission before creating it.

4

News & Notes: Local Edition

EastBayRI.com: American Tourister factory up for sale

WARREN – The sprawling Warren Manufacturing property, which covers 14 acres of prime waterfront land in the north end, is for sale.

MMF Realty, which owns the so-called American Tourister site and operates Monarch Industries there, is working with Boston-based Realtor Grubb and Ellis to find a buyer or lessee willing and able to take over the property. It was listed for sale last Friday on loopnet.com, a commercial real estate site, and though it’s been less than a week since it went on the market, broker Anthony Caner, said there’s already a buzz.


Continue Reading →

0