Richmond St. in foreground, Clifford St. at left, Dyer St. in background. Photo: 116 Aerials
At the June 16 meeting of the 195 redevelopment District Commission, developers presented a mixed-use concept for the two parcels that make up the largest site offered by the destruction of Interstate 195 through the Jewelry District. In what JDA President Arthur Salisbury described as a "very complete presentation", developers showed conceptual drawings for a million-square feet of new construction that could rise on the 5 acres of Parcels 22 and 25. In all the project would have laboratory buildings, two laboratory/office buildings, a 175-room Le Meridien hotel, 100 residential units, retail space and a public meeting/event space. For the Providence Journal account of the meeting, click here.
The proposal was made by a partnership linking CV Properties LLC, and Baltimore, Md.-based Wexford Science & Technology. CV Properties is already at work in the District: they are converting the long-abandoned power plant into offices for Brown University and nursing school facilities for Rhode Island College and the University of Rhode Island.
The developers plan to build out the and in three distinct phases. The slide show below shows how they see the process unfolding, beginning with the hotel, large cafe and a lab/office/academic building.
For the CV/Wexford presentation, click HERE.
The proposal was made by a partnership linking CV Properties LLC, and Baltimore, Md.-based Wexford Science & Technology. CV Properties is already at work in the District: they are converting the long-abandoned power plant into offices for Brown University and nursing school facilities for Rhode Island College and the University of Rhode Island.
The developers plan to build out the and in three distinct phases. The slide show below shows how they see the process unfolding, beginning with the hotel, large cafe and a lab/office/academic building.
For the CV/Wexford presentation, click HERE.
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