Procaccianti Group seeks to demolish Fogarty Building

PROVIDENCE – The Downtown Design Review Committee will consider an application by the Procaccianti Group on Jan. 11 to demolish the Fogarty Building, at 111 Fountain St.
The company wants to construct a new, eight-story extended stay hotel on the site, to be run as a Residence Inn by Marriott.
The $40 million project has been facilitated by a 12-year tax stabilization agreement approved in December by the Providence City Council.

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