12 replies to this topic

[Soren]

Plans for Old Colony Bank update:

http://www.pawtucket..._id=24491&rfi=6

[Frankie811]

Famed chef wants to open cooking school on Main Street. The city's Redevelopment Agency names Walter Potenza the preferred developer for the Old Colony Bank building. [projo.com]

Pawtucket Times

Edited by Cotuit, 26 October 2005 - 09:52 PM.

[bloodyrocker]

Downtown Pawtucket needs something like this badly.   It would be great to see a quality bakery or restaurant go in down there,  even better if its a culinary school.

A friend of mine just bought a building downtown and is putting in a full recording studio and performance space/gallery  and talking about a cafe as well..

Has anyone heard any thing lately about the Pawtucket - Central Falls train station debacle?  Last I heard the people living right near it were all for a cvs in that area. Shortsighted sprawl lovers are everywhere.

[Frankie811]

Soren, on Oct 13 2005, 08:30 AM, said:

Plans for Old Colony Bank update:

http://www.pawtucket...f...24491&rfi=6

Former bank building looking
for new use

By John Castellucci
Journal Staff Writer

PAWTUCKET – It was going to be the city’s answer to Boston’s Quincy Market: In 2005, when the Pawtucket Redevelopment Agency picked Walter Potenza as the preferred developer of the Old Colony Bank building, the Federal Hill chef announced plans to put a gourmet food store, café, bakery and cooking school on the site.

http://www.projo.com...QJ.2972068.html

[brick]

This is really a shame, but it speaks a lot more to credit contraction than the delays in a 110/W announcement.

Given the amount of money that he was willing to put up of his own, and the fact that the bank wanted so much collateral, I have to think that his business plan was highly speculative, and I have to assume that the fate of the Madhouse Cafe didn't help anything.

[frymasterspeck]

Saw this in The Fishwrap. They're looking for a new plan.

Quote

PAWTUCKET - Take a tour, buy a building.
That's what the Pawtucket Redevelopment Agency is hoping would-be developers will do when the former Old Colony Bank building at 347 Main St. is opened for tours Thursday at 10 a.m.

[Frankie811]

Developer tapped for Old Colony building. The former Old Colony Bank building at 347 Main St. just west of Park Place, shuttered for more than a decade, will be redeveloped for an architect's office and other uses following bid selection Tuesday by the Pawtucket Redevelopment Agency. http://www.pawtucket...f...24491&rfi=6

[Frankie811]

A Providence real estate developer has won the right to redevelop the Old Colony Bank building.

[frymasterspeck]

Here's my take on this proposal vis a vis some  of the thinking associated with a study of  sustainable development.

[frymasterspeck]

Three times is a charm? At least this time, they actually say something about what will happen when this deal falls apart.

[mental757]

Pawtucket Times:  "Developer pulls out after tax credit cutback"

http://www.pawtucket.../view/27046/27/


PROJO:  "Pawtucket building project canceled"

http://www.projo.com...13.312c106.html

Edited by mental757, 30 April 2008 - 10:10 AM.

[Garris]

mental757, on Apr 30 2008, 11:01 AM, said:

Pawtucket Times:  "Developer pulls out after tax credit cutback"

http://www.pawtucket.../view/27046/27/


PROJO:  "Pawtucket building project canceled"

http://www.projo.com...13.312c106.html

How depressing was this?  It really was starting to look like Pawtucket would be able to ride the tax credits to its own small Renaissance...  So much for that...

Pawtucket residents should be angrily contacting their representatives...

- Garris

[frymasterspeck]

See my comments above. Do we have the assessment info? Has the bird poo been replaced?

Never believed.

Scoreboard.