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IN PROGRESS: The Dynamo House (Heritage Harbor)

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Pseudo_Work Hamlet

Pseudo_Work

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Photos from 03/14:

2008-0314_dynamo001.jpg

2008-0314_dynamo002.jpg

2008-0314_dynamo003.jpg

2008-0314_dynamo004.jpg

I'm biting my nails over this one. The developer has to have all their plans in by the end of the year in order for the tax credits to be approved, and they don't even have a clue exactly what they're building in there yet, according to the structural engineer. Even if they make the deadline, they may very well be cut out retroactively if the governor gets his way, and we'll have an open shell of a building sitting there, which is worse than what we started with.

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mental757 Burg

mental757

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it would be an absolute travesty if this project gets messed up due to the State's finacial problems. The museum is a vital 4-season attraction for residents and visitors alike and will add to the city/state's tourism draw. This is such a good (and important) project in so many ways (re-use an old structure, museum, hotel, some retail = all equal more income/tax revenue for the city/state).

and at the same time as things like the VDT move forward - please!

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Pseudo_Work Hamlet

Pseudo_Work

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it would be an absolute travesty if this project gets messed up due to the State's finacial problems. The museum is a vital 4-season attraction for residents and visitors alike and will add to the city/state's tourism draw. This is such a good (and important) project in so many ways (re-use an old structure, museum, hotel, some retail = all equal more income/tax revenue for the city/state).

and at the same time as things like the VDT move forward - please!

Exactly!!! Exactly.

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Pseudo_Work Hamlet

Pseudo_Work

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Why would SBER pull out of this if something with tax incentives got messed up.?. they've invested so much in their other projects here.

Because they've pretty much made it clear that if it weren't for the historic tax credits, they wouldn't be able to afford any of these projects, and they likely would never have bothered with them.

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mental757 Burg

mental757

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I just can't say enough how important this project is to the city & the state. It's basically the gateway to the area of major redevelopment in the next 10-20 years. It will have a A+ hotel, restaurant, and of course the museum that will attract thousands of tourists and residents alike. If the ferry can get funded, visitors to Newport can ferry up and walk to the museum as well as passengers taking the American Cruise lines cruises from nearby conley wharf before/after their cruise that originates/terminates in the city.

I can't wait.

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ArtInRuins Whistle-Stop

ArtInRuins

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There was an article last week, can't remember if it was projo or PBN. I think it may have been PBN, as I have given up reading the projo.

The original location for the Encore Awards this year was going to be the Dynamo House, but because there is basically no roof and no insurance company would let this happen in a construction zone, it got moved to ALCo.

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Frankie811 City

Frankie811

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There was an article last week, can't remember if it was projo or PBN. I think it may have been PBN, as I have given up reading the projo.

It was reported @ pbn.com, however you would have to have been an subscriber to read the actually message. However, here is projo's story on this issue.

Developer Struever Bros. owes millions to Rhode Island companies. Two dozen subcontractors, including plumbers, electricians, flooring installers, painters and furniture makers, are complaining that they haven

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mental757 Burg

mental757

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PROJO 10/15/09: "Did Downtown Providence’s boom go bust?"

"The $150-million Dynamo House project, which was to turn the vacant South Street Power Station in the Jewelry District into a five-star hotel and Rhode Island history museum, has been put on indefinite hold by Struever Bros., Eccles & Rouse, its financially struggling developer. The building is an empty shell of brick and steel."

PROJO 10/28/09: "Struever Bros. drops out"

http://www.projo.com/news/content/struever_facts_10-28-09_20G8EF7_v18.3988c50.html

"Struever Bros. drops out of R.I."

http://www.projo.com/ri/providence/content/STRUEVER_PROJECTS_10-28-09_9SG8DVG_v14.3986e8e.html

PBN 10/28/09: "Struever denies backing out of ALCO"

http://pbn.com/detail/45774.html

PBN 10/131/09: "Struever still involved in ALCO, Dynamo"

http://pbn.com/detail/45833.html

PROJO 11/14/09 Editorial: "Editorial: Struever’s still here"

http://www.projo.com/opinion/editorials/content/ED_struever14_11-14-09_4MGC1LH_v21.3f8d102.html

PROJO 11/22/09: "Backers of Providence’s Heritage Harbor hopeful despite funding setbacks"

http://www.projo.com/lifebeat/content/artsun-HERITAGE-HARBOR_11-22-09_OQGGH8Q_v19.12eb5d9.html

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