Commission gives initial nod to building projects
PROVIDENCE, R.I. (AP) — A Rhode Island board has given preliminary approval to begin building 49 apartments and a grocery store on land formerly occupied by a highway.
The I-95 Redevelopment District Commission started the process on Wednesday to build a set of apartments and businesses on a 1.48-acre parcel in Providence south of Wickenden Street and east of the Providence River.
The Providence Journal reports the commission voted to accept a $1 million offer from Truth Box Inc and D+P Real Estate.
The commission also approved a developer for a 246-unit apartment building on another parcel.
The meeting also included ending a proposal for dozens of housing facilities and businesses in two separate parcels on the east side of the river.
The commission’s next step is to negotiate financial terms for the project.
Information from: The Providence Journal, http://www.providencejournal.com