ProJo Op-Ed - My Turn: Time to Move Forward
Why the Fane Tower Is Good Business for the City
Artist rendering of the proposed Fane tower on the Providence River waterfront.
When a majority of the City Council came together to vote “Yes” for a zoning change that would allow a new $300-million development to go forward in our city, generating an estimated $4 million in annual tax revenues, it was an important sign that we understood the need to move Providence forward.
For too long, the city has been seen as fostering an anti-development culture. Instead of looking at economic development opportunities as a chance to get things done and generate vital revenue for Providence, some city officials appear to be more interested in imposing unreasonable demands on those who are willing to invest in the city. The fact is, we should be welcoming those who see promise in Providence and are willing to spend money to do business here.