Recent comments in /f/RhodeIsland

degggendorf t1_j47z3t2 wrote

>a seasonal outdoor concert venue and generate more income

How do you figure that? Concert ticket sales would need to be $3.5m per year to match the tax revenue. How much would a ticket to a small park concert cost, $20 tops? So we would need 175,000 attendees to break even, even if we ignore all the costs of building and maintaining a concert venue. We're not regularly filling our existing venues, and another one won't really induce more demand will it?

So a concert venue will 1.) Make the city less money, and 2.) Complete will existing arts in the city.

Doesn't sound like a good plan to me.

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degggendorf t1_j47x1e1 wrote

>probably getting away tax free for decades

Why get upset about a guess when you could take a second to learn the actual answer?

https://www.wpri.com/news/local-news/providence/fane-tower-slated-to-get-54-million-property-tax-break/

> The high-rise luxury apartment building planned for Dyer Street in Providence would get more than $54 million in property tax breaks over 20 years, according to newly released projections by the tax assessor.

>The Hope Point Tower, often referred to as the Fane tower, would still pay about $69 million in property taxes over the course of their tax stabilization agreement (TSA), compared to $123 million if there was no TSA.

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TheSausageFattener t1_j47wr3h wrote

From an ethical standpoint I agree. I don't think a casino alone necessarily gives a state a real competitive edge. I've been to some miserable towns whose sole enterprise is an enormous towering casino and its sad. Niagara NY isn't exactly fun.

From an economic standpoint, Rhode Island's economy is so heavily dependent on tourism and the service industry that it could use anything that helps to draw more foot traffic downtown, including in the off season. It may help to complement existing strengths Providence has with its music, arts, and food scene. Accessibility is another major factor. RI's three main casinos are either closed (Newport Grand), undersized (Tiverton), or they're Twin River which is like a "local compromise" you head to instead of the larger regional attractions of Foxwoods, Mohegan, and Encore Boston Harbor. Quonset was a bit of a shame because its well poised to leverage ferry service to the Vineyard, Newport, and Providence and there was an abundance of available open parcels. They're now parking lots, solar farms, or storage areas with scattered manufacturing facilities - and GDEB and Toray provide good jobs - but again it could have been a bit more strategically used.

Trust me, I'd rather have a company like Samsonite set up offices. Hell, I'd even compromise with Hasbro moving downtown. But, they aren't. The Superman building can't even get going with a tenant thanks to its clown of an owner.

Edit: BTW most of my blame here is laid squarely at the state for not lighting a fire under the asses of communities outside of Providence, and also Providence, to upzone or engage in some more conscientious regional planning. It's a small state. It should not be this cumbersome.

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gusterfell t1_j47updn wrote

It's not really out of place though. It's four blocks from the current tallest building in the state. The renderings don't do it any favors though by having the rest of the skyline look tiny and washed out in the background. They make the Fane tower look like it'sa towering behemoth halfway to Cranston. In reality, it's only going to be 20% taller than the Superman Building, and only twice as far from it as the Hospital Trust tower.

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the_falconator OP t1_j47n4gg wrote

You have people who have begrudgingly followed the rules at shelters in the past but are now going to the armory because they don't want to follow the rules and they can get away with being drunk and high at the armory. The city doesn't really have a say, this is a state run facility, with people coming from all over the state. The tent camp in Woonsocket that was cleared out last week they sent them all down to Providence to stay here, but it is burdening the city with numerous Fire/EMS/Police responses to the armory every day.

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Rhody05 t1_j47mcg3 wrote

Build it- Provides Housing, parking, dining/entertainment. Its far enough from the river and provides great programming/security for the adjacent park. The views from this location/height would be the best around. Its location is a few blocks from the financial district and doesn't impose on the east side or jewelry district. It will not infringe on any sort of historical element of the city and is situated next to existing developments/infrastructure. I don't see any issue with the height as it's in scale with other high-rise buildings, literally blocks away. Its style is welcomed in my opinion as the skyline is already quite diverse with material/style and all represent a certain time in history. Over time, those who oppose will welcome it, especially once they view it in person as I believe it will be impressive. The main arguments are immaterial (in my opinion).

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