McCabe Enterprises to conduct market analysis of Riverside Square

THE CITY OF East Providence has hired McCabe Enterprises, a Boston economic consultant, to study the Riverside Square area, pictured, and make recommendations for its commercial revitalization. McCabe will complete a market analysis that evaluates the current business conditions, including the mix of retail, office, restaurant, cultural amenities and emerging technologies, and then recommend recruitment of missing components. / PBN PHOTO/MARY MACDONALD
THE CITY OF East Providence has hired McCabe Enterprises, a Boston economic consultant, to study the Riverside Square area, pictured, and make recommendations for its commercial revitalization. McCabe will complete a market analysis that evaluates the current business conditions, including the mix of retail, office, restaurant, cultural amenities and emerging technologies, and then recommend recruitment of missing components. / PBN PHOTO/MARY MACDONALD

EAST PROVIDENCE – The city has hired a Boston economic consultant to study the Riverside Square area, and make recommendations for its commercial revitalization.

McCabe Enterprises will complete a market analysis that evaluates the current business conditions, including the mix of retail, office, restaurant, cultural amenities and emerging technologies, and then recommend recruitment of missing components.

The Riverside study area, as described in the city’s request for proposals, includes the village center of Riverside, the East Bay Bike Path and Riverside Square, but does not include Narragansett Terrace, a residential area of single-family homes.

According to the RFP, the city is in the process of developing a long-term economic strategy for revitalizing Riverside Square and its vicinity. McCabe Enterprises, which was awarded the contract last week, is expected to return its findings by March 24, according to David Bachrach, community development director for the city of East Providence.

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In its heyday, at the turn of the 20th century, Riverside had the highest concentration of summer homes on Narragansett Bay, and was called the “Coney Island of New England.” By the late 1920s, the resort era had ended, with the former hotels and tourist attractions either burned or destroyed by the 1938 Hurricane, according to the city history.

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