Page 2 - Fane Tower News Today

Providence City Councilman John Goncalves is introducing a resolution at the Providence City Council in support of a liquor license carve out — for one business.

While voters approved the $350 million bond in November, construction costs keep on rising.

Interest rate hikes meant to fight inflation are raising the cost of financing big buildings everywhere, from apartment towers to high schools and professional soccer stadiums

The $300 -million project was first proposed in 2016, but faced public opposition, legal challenges, financial headwinds and a series of redesigns without ever breaking ground.

Pryor said Rhode Islands lowest-in-the-nation new housing construction is a problem and major contributor to the home affordability crisis.

Rhode Island House Speaker K. Shekarchi has introduced a legislative package to combat the housing crisis in Rhode Island.

The question now is how do we ensure the Superman building project does not face the same fate as the Fane Tower?

Most-read stories for the week of March 5 also include Pawtuckets top taxpayers; a plea to keep killers in prison; and a map store being given away.

Pryor said Rhode Islands lowest-in-the-nation new housing construction is a problem and major contributor to the home affordability crisis.

What happens now that the contract for a developer to buy the land for a proposed 46-story condo building is set to expire at the end of march.