Developer seeks to convert dealership into ‘The Residences at Bold Point’

Plan calls for adding second story to existing Vets Parkway structure

By Mike Rego
Posted 4/26/19

EAST PROVIDENCE — The East Providence Waterfront Commission and the city’s Planning Board each recently gave tentative approval to the proposed redevelopment of a dormant structure, which previously …

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Developer seeks to convert dealership into ‘The Residences at Bold Point’

Plan calls for adding second story to existing Vets Parkway structure

Posted

EAST PROVIDENCE — The East Providence Waterfront Commission and the city’s Planning Board each recently gave tentative approval to the proposed redevelopment of a dormant structure, which previously operated as a specialty car dealership.

The Waterfront Commission, in February, backed the plan submitted by PKL Ventures LLC to transform the single story vacant building located at 30 Veterans Memorial Parkway into a two-story edifice fitted with 22 residential units. The Planning Board initially signed off on the proposal last month.

The existing building last housed the classic car vendor, “Hot Rides Auto Sales,” until its owner ran into some legal woes in 2017.

“Rental demand is high,” Waterfront Commission chairman William Fazioli said of the city’s coastal area. “An interesting concept is being considered for those units.”

PKL Ventures LLC submitted its plans under the working title, “The Residences at Bold Point.” The property sits at the corner of the Parkway at its intersection with Mauran Avenue with the on-ramp to Interstate 195 in between it and access to the Bold Point area of the waterfront.

Eighteen of the 220 units will have one-bedroom, the four others will be two-bedroom. The one and two-bedroom units will range in size from 678 to 981 square feet, respectively.

The PKL application calls for the addition of a second level, featuring outdoor terraces under a new, “prominent” roof profile that will be visible from Veterans Memorial Parkway and the Waterfront District. The exterior facade of the building will be gray fiber cement panels accentuated by earth tones. Among the other architectural features will be an articulated “notched-out” space for unit entranceways throughout the corridors.

Some more planned amenities are creating a welcome lobby, a dedicated mailroom area, tenant storage space with bicycle storage and exterior grounds with manicured landscaping complete with a dog walking area and bicycle storage racks. Code upgrades included in the plan are the installation of a new sprinkler system and creating two ways of egress.

The property is under a purchase-and-sales agreement. A second approval from the Planning Board is needed and could come at its next meeting on May 13. The transaction would then be finalized and work could commence thereafter.

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Mike Rego

Mike Rego has worked at East Bay Newspapers since 2001, helping the company launch The Westport Shorelines. He soon after became a Sports Editor, spending the next 10-plus years in that role before taking over as editor of The East Providence Post in February of 2012. To contact Mike about The Post or to submit information, suggest story ideas or photo opportunities, etc. in East Providence, email mrego@eastbaymediagroup.com.