Developer wins provisional OK for 46-story tower in Providence

The project still needs approval from City Council, General Assembly before it can move ahead.

PROVIDENCE, R.I. — The fate of New York developer Jason Fane’s proposal to build a $220-million high-rise tower now rests with the Providence City Council — and with Fane himself, who said he must study his next steps carefully.

On a 5-1 vote Tuesday night, the I-195 Redevelopment District Commission granted the luxury residential project a second approval contingent on 10 criteria.

Chief among those: The project must win City Council approval for a zoning change that would allow The Fane Organization to build a 46-story tower, which is well in excess of the 160 feet city zoning now allows.

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