Valley Breeze

The Valley Breeze Pawtucket 01-13-2021

The Valley Breeze Newspapers serving the Northern Rhode Island towns of Cumberland, Lincoln, Woonsocket, Smithfield, North Smithfield, Pawtucket, North Providence, Scituate, Foster, and Glocester

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Page 23 of 35

24 PAWTUCKET JANUARY 13-19, 2021 | VALLEY BREEZE | PAWTUCKET EDITION Fortuitous Partners, presented in a pair of community meetings last week, shows construction on the soccer stadium portion of this riverfront project getting started in the fourth quarter of this year, and work on the rest of the devel- opment and public infrastructure improvements, eventually to include a pedestrian bridge over the Seekonk River, in the first quar- ter of 2022. A master plan is a conceptual land use site plan defining general components and is intended to guide long-term implementation of a project. It defines orientation, required improvements, identifica- tion of access points, parking, etc. Brett Johnson and Fortuitous Partners, chosen as the winner of a request for proposals process in December 2019, are planning to transform Pawtucket's water- front with hundreds of thousands of square feet of new residential, office, restaurant and retail devel- opment, anchored on the west side of the Seekonk River with a new multi-purpose stadium that will be home to Rhode Island's United Soccer League Championship pro- fessional soccer team. The project will also include an indoor event center and hotel, which will further bring activity to the downtown area, says Johnson. Public amenities on the riverfront include public parks, a pedestrian bridge, linear river walks on both sides of the river, public plaza spac- es and parking. A proposed Riverfront Tidewater Zone, or RTW, is for the area along the riverfront. It would be a hybrid of existing riverfront mixed use zone and commercial down- town zone. Allowed uses proposed for Tidewater Landing include a stadium, event facilities, multi- family residential, commercial office, restaurants, retail shops, and parking. It also sets dimensional requirements for structures within the zone to meet those proposed at Tidewater Landing. Six Tidewater Landing properties are proposed to be rezoned as RTW. According to a memo from Assistant Director of Planning Jay Rosa, the RTW zoning ordinance amendment is designed to facilitate redevelopment of underutilized properties in a way that generates significant economic impact while still maintaining the benefit of the river amenity through public access, beautification, stormwater management best practices, and environmental resiliency. The project, said Rosa, aims to connect to the broader commercial downtown to create greater impact. According to Rosa, the most sig- nificant design flexibility achieved with the proposed zoning ordinance amendment is the ability to build taller, the ability to construct mul- tiple structures on a single parcel, and the ability to situate parking on both sides of the river, or within a walkable distance through public and private parking options. TIDEWATER From Page One A render- ing of the new soccer stadium planned at TIDEWATER LANDING in Pawtucket. City participating in third round of Workshare Program PAWTUCKET – The city will be instituting a third round of the Workshare Program after the completion of a second round in the end of 2020. The city, having offset $1 million from the two pre- vious Workshare rounds, anticipates offsetting another $300,000 in tax- payer dollars from this one. The program has been effective in offsetting the budget deficit caused by the pandemic, says Mayor Donald Grebien. "The city continues to act in a fis- cally conscious manner while pro- viding high quality services to the community during the COVID-19 pandemic. This program continues to be supported by both Local 1012 and Local 3960," he said. "The pandemic has hit all of the com- munities in Rhode Island hard. Workshare has provided us with the opportunity to keep employees during these uncertain times, and I want to thank the unions and all employees for their continued patience. We will get through this pandemic together and be stronger for it." To achieve the savings, City Hall will be closed on Fridays until March 13 except for Feb. 12, 19 and 26. The anticipated savings may change should there be a snow- storm, as employees will need to be brought in. Workshare, a program offered by the Unemployment Insurance Division in the Rhode Island Department of Labor and Training, allows qualified employers to reduce the hours of work for employees rather than lay them off completely during a time of eco- nomic hardship. City Hall will operate Monday through Thursday, 9 a.m. to 4 p.m., by appointment. Call 401-728-0500 or visit to schedule an appointment. S TA C H U R S K I Rick Oriani 401-640-9961 LINCOLN 270 Front Street 401-724-5600 PAWTUCKET 1136 Newport Avenue 401-725-1115 WWW.C21SKI.COM Kathy Coutu 401-474-9750 WHAT'S MY PROPERTY WORTH TODAY? The most common sources of property value are the following: 1. Tax Assessment Value 2. On-Line/Internet Value Calculators 3. Appraised Value 4. Market Analysis Value WHAT'S BEST FOR ME? Tax assessment and on-line value estimates (e.g. Zillow) do not factor in the condition and market appeal of your property. The date of value also may not be current. If you wish to obtain the most accurate value, the answer to have an appraisal done by a licensed/certified apprais- er. Such expertise comes at a price but spending hundreds to reaffirm thousands of value may make sense. The next most accurate step would be having a market analysis prepared by a real estate person or firm familiar with your area. The market analysis report typically is based upon a personal viewing and a compilation of data taken from MLS (and other) sources. The analysis evaluates the comparative condition/appeal of your property, trends in the market, and identifies recent similar property listings and sales. The resultant value estimate is based upon a reivew and consensus of the data presented. Our office can prepare a market analysis of your property at no cost or obligation. We use advanced report preparation software which presents information in a clear and concise format. We will visit your property/review its features with you and then return to personally deliver/ explain our analysis findings and value. We believe personal service is still the best way to do business. PAWT.UCKET DARLINGTON: 3 Unit apart- ment, great opportunity to run a business and have rental income from the 2 apts. Tenants pay heat and electric. Vinyl siding, roof (one year old). This space can have many uses, accountant, hair salon, nail salon etc. $395,000 401-640-9961 PROVIDENCE: 3 Unit multi that is complete- ly renovated. Place for business or rental income. Replacement windows, central air. Seven parking spaces on site. 2 residential units are rented. Office space can have many uses (hair salon, attorneys, accountants, bar- ber). Call Today. $410,000 401-640-9961

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