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Council approves 15‑year tax‑stabilization agreement for Pine Street mill conversion
Summary
Pawtucket approved a 15‑year tax stabilization agreement for Pine Street Development LLC to convert a mill at 327 Pine Street into 84 market‑rate rental units; planning staff and developers said the project meets program requirements.
The Pawtucket City Council approved a 15‑year tax stabilization agreement for Pine Street Development LLC to convert the former mill at 327 Pine Street into an 84‑unit market‑rate rental building.
City planning and development staff told the council the developer has a track record of completing similar mill conversions in the city and that the proposal met the city’s tax‑stabilization…
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