[CPEO-MEF] East Providence waterfront, Rhode Island

[Lenny Siegel <lsiegel@cpeo.org>]

Two waterfront projects in E. Providence ready to move ahead

By Alisha A. Pina
Providence Journal (RI)
March 9, 2010


EAST PROVIDENCE - Development of 300 acres of the city's 14-mile 
coastline is considered a light at the end of the economic tunnel. Now 
at least two major projects are moving forward.

Both endeavors - a $200-million mixed-used development called Village on 
the Waterfront and a nursing home that builders say will resemble a 
seaside resort hotel - are to be built on empty land south of Route 195.

"Unlike most other Rhode Island communities, East Providence is 
well-situated to enhance its property-tax revenue by adding taxpayers - 
rather than tax rate increases on existing taxpayers — because of our 
vast undeveloped waterfront," Mayor Joseph Larisa Jr. says. "Although 
the 'great recession' has slowed actual development of much of it, in 
the years leading up to the recession, much of the waterfront was 
remediated and/or plans [were] made for its development."

...

For the entire article, see
http://www.projo.com/news/content/EAST_PROVIDENCE_WATERFRONT_03-09-10_HJHL9TP_v84.39897f8.html

--


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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