GoLocalProv | Business | BREAKING: Fane Tower Dead, Says Developer

Friday, March 10, 2023

GoLocalProv Enterprise Staff

Developer Jason Fane introduced Friday that he’ll now not be continuing with the event of the Fane Tower — which might have been the tallest construction within the metropolis’s historical past.  He first proposed this undertaking six years in the past.

“I got here to Windfall with a imaginative and prescient for an important and iconic undertaking that would supply much-needed housing, high quality jobs, and income for native authorities and have labored lengthy and onerous to make it a actuality,” stated Fane Group President Jason Fane. 

He continued: 

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“Nevertheless, as a result of latest threat components exterior of my management, it’s now not possible to maneuver ahead with this undertaking.   

I want the I-195 Redevelopment District Fee, the Metropolis of Windfall, and the State of Rhode Island success with their plans for additional improvement within the I-195 District.”  

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