Updated March 27 at 4:27pm

Planned museum pulls out of Dynamo House project

By Rebecca Keister
PBN Staff Writer

The planned Heritage Harbor Museum is no longer part of the long-stalled Dynamo House project. More

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Real Estate

Planned museum pulls out of Dynamo House project

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The planned Heritage Harbor Museum is no longer part of the long-stalled Dynamo House project.

James Bennett, director of the Providence office of economic development, says the Heritage Harbor Corp., the nonprofit organization that was working to get the museum in place, has notified his office they are no longer interested in having the museum at the Eddy Street site.

“Their strategy has changed,” Bennett said. “They are more interested in perhaps selling their interest and creating a foundation and relocating [the museum] to another part of the city or the state.”

Ken Orenstein, interim executive director of the Heritage Harbor Corp., did not immediately return calls seeking comment.

As for the status of Dynamo House, despite rumors around the city of potential tenants there’s nothing to report, insists Mike Ricketts, vice president of development at Harbor East Development Group, the Baltimore-based firm that holds the mortgage on the former power plant.

The property has sat unfinished and unoccupied since a plan to build a museum, retail shops, restaurants and hotel complex there was all but abandoned at the start of the 2008 economic downturn. •

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