A new hotel valued at several million dollars is currently under construction on Bellevue Avenue, drawing attention for its scale and anticipated impact on the area.
Project Overview
The hotel, which is being built at 120 Bellevue Avenue, is expected to feature 40 rooms upon completion. The development is led by the Procaccianti Companies, a Rhode Island-based real estate investment and management firm. The company has stated that the project will include a restaurant and event space, in addition to guest accommodations.
Construction Timeline and Investment
Work on the hotel began in 2022, with the developers projecting that construction will be finished by late 2024. The total investment in the project is estimated to be $40 million, according to statements from the Procaccianti Companies.
Design and Amenities
The hotel’s design is intended to reflect the historic character of Bellevue Avenue while incorporating modern amenities. Plans include a rooftop terrace, fitness center, and valet parking. The developers have indicated that the property will offer both short-term and extended-stay options for guests.
Community Response
Local officials and business leaders have expressed optimism about the potential economic benefits the hotel could bring to the area. Some residents have raised concerns regarding increased traffic and the preservation of the avenue’s historic appearance. The Procaccianti Companies have stated that they are working with city planners to address these issues.
Further Information
For more details on the hotel project, visit the original report at this link.
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