It will bring residents, additional office workers, and educators into the District. Pedestrian traffic will increase, and with that traffic may come new retail businesses. Restaurant traffic will increase. And, perhaps as the project begins to take shape, developers who have been eying I-195 parcels will realize the moment for decisive action has come.
The project has three distinct components:
1. Two residential buildings (shown in the architect's concept below) for 220 upper level nursing and graduate students. The buildings will sit behind the river-edge park on the north side of Point Street (where the Davol Square parking lot is currently).
2. Conversion of the power plant into academic and administrative spaces. Teaching facilities for the joint Rhode Island College & University of Rhode Island nursing schools and offices for Brown University administration.
3. A 650-car parking garage along side the power plant on Eddy Street.
For a look at the CV Properties South Street Landing Project Summary presentation, click here.
Read Jef Nickerson's GCPVD take on the news here.