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Tag Archives | Davol Square

→ PBN: Legal tangle hinders power station redevelopment

dynamo

Ownership of the vacant power plant is hampered by multiple stakeholders, mortgages, deed restrictions and up to 20 mechanics liens tied to one of the most ambitious and ill-fated public-private partnerships in the state’s history.

And then there are the $26 million in state historic tax credits attached to Dynamo House that the partnership between Commonwealth Ventures LLC and Brown University intend to use to help finance construction. The current owners of the power station control the tax credits.

With this tangled legal web in mind, the city’s Davol Square Plan lays out a strong case for seizing the power station using the city’s powers of eminent domain if clearing the title through negotiation fails.

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City Plan Commission Meeting – December 17, 2013

featured-bikeped City Plan Commission Meeting
Tuesday, December 17, 2013 – 4:45pm
444 Westminster Street, First Floor

Opening Session

  • Call to Order
  • Roll Call
  • Approval of minutes from the November 19th meeting – for action
  • Approval of the CPC meeting schedule for the 2014 calendar year – for action
  • Director’s Report

Redevelopment Plan

davol-site

Image from Bing Maps

1. City Council Referral: An ordinance to adopt the Davol Square Redevelopment Plan This ordinance would adopt a redevelopment plan that would designate a redevelopment project area consisting of approximately 10.5 acres of industrial and commercial property located along the Providence River in the Downtown neighborhood. The ordinance will be reviewed for conformance with the Comprehensive Plan – for action (Downtown, AP 21 Lots 429, 430, 438, 439, 440)

Re:Zoning Providence

2. Update on Re: Zoning Providence Presentation detailing progress on the zoning ordinance revision process and proposed zoning changes developed by the project consultants – for discussion

Adjournment


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