Kettle Point Housing Development Gets Approval from Waterfront Board
The 407-unit housing complex will sit west of Veterans Memorial Parkway on the Providence River in East Providence; it includes new public waterfront access.
The proposed Kettle Point residential development received unanimous approval from the East Providence Waterfront Commission at a public hearing on Tuesday evening. Now the 407-unit complex -- a combination of rental apartments and condominiums for sale -- moves on for review before three state agencies: transportation, environmental management, and the Coastal Resources Management Council. A final public hearing before the East Providence Planning Board also is necessary because of a loop road that runs through the “major subdivision.” That board had given a prior approval for its consistency with the city’s Comprehensive Plan. And the developer, Churchill & Banks of Providence, must go before the City Council to get approval for “tax-…
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10:22 am on Wednesday, November 21, 2012
Economic development is great and should have been done by developers long ago. Problem the taxpayers might have that Chairperson left out is who has the obligation for Full Faith and Credit bonds if the economy tanks and the developers don't come thru or file for bankruptcy. Please tell us what the City of East Providence's liability is for multi-millions in bonding. Just my thoughts. Tax breaks…   more ›