PAWTUCKET – A property seen as a critical component to the future redevelopment of the area around the in-progress Pawtucket/Central Falls Commuter Rail Station could soon have a new owner and use, as a special master assigned to the parcel is fielding proposals.
The former mill property, which previously burned in a fire in 2018, presents a great opportunity due to its proximity to the train station, said Mayor Donald Grebien, and officials are excited to hear about additional interest and investment.
The special master has received inquiries and proposals from interested parties, he said, and the city anticipates that those proposals will be reviewed by the end of August.
An online listing from receivership firm Ferrucci Russo Dorsey solicits proposals and states that the property covers 2.33 acres contained within the Conant Thread Zoning District in the city of Pawtucket.
“Previously situated upon the subject property were mill buildings with a total gross area of approximately 99,206 square feet,” it states. “As part of the court-supervised process, the mastership in coordination with the Pawtucket Redevelopment Agency has demolished the mill buildings previously situated on the real estate. In turn, the real estate presents a unique opportunity for redevelopment within an urban economic hub.”
The Pawtucket Redevelopment Agency was set to discuss the property at its meeting on Tuesday.
The receiver’s listing states that the property is located within short walking distance from the new transit hub and has easy highway access.
“The location of the real estate offers a variety of options for the potential redevelopment of a ‘transit-oriented development’ that could include a hotel, apartments, restaurants and cafes, galleries, shops, and office spaces,” it states.
The 258 Pine St. property was a public safety hazard for residents and the surrounding area, said Grebien. The special master appointed by the Rhode Island Superior Court worked with the Pawtucket Redevelopment Agency in the demolition of the dilapidated property. Now that the structure has been demolished, he said, the city will continue to work alongside the special master to market the derelict property for future potential development.
“We thank the PRA and special master for their continued leadership in rectifying this property,” he said.
The Breeze reported in January on the start of demolition of what remained of the old mill building, which is located a block from The Guild brewery. The building had burned back in the fall of 2018, sitting mostly untouched for the next two years. The cause of the October 2018 fire was never determined.
Special Master John Dorsey was appointed to oversee the future of the property after various owners failed to comply with city orders to clean it up.