Condos near Crowne
Plaza under review in Warwick
By Joy Fox
A Johnston developer has proposed a 288-unit condo and apartment complex
adjacent to its Crowne Plaza Hotel at the Crossings in Warwick, a project
aimed at capturing the attractive empty-nester and executives markets.
Carpionato Properties is seeking city approval for the project, called
Residences at the Crossings, to be located at the gravel pit adjacent to
the Crowne Plaza.
The plan is expected to go before the Warwick City Council on Oct. 27
for an office-to-multifamily residential zone change as well as a height-restriction
change, according to Warwick City Councilman Lewis J. Pryeor, who represents
the area.
If the council grants
the amendments, then the proposal goes back to the city’s planning
board for final approval.
The upscale gated community – planned to be open by spring 2005 – is
in addition to 66,000 square feet of office space, a 200-room hotel and
a soon-to-be-announced room expansion at the Crowne Plaza.
The price tag for the residences, new hotel and office space is about
$60 million.
“Once the project is all done it will be excellent,” said
Pryeor. He believes it will represent a “boom” for the city.
“There is a need for condos over there,” he
said, noting the competitive housing market.
According to him, when
a condominium opens at the nearby Wethersfield Commons off Jefferson
Boulevard, “it
sells the next day.”
The City Council is still hearing public testimony on the project.
“The biggest concern is traffic,” said
Pryeor, who thinks the project will generate little extra congestion.
He expects most tenants to primarily access Route 95.
“Empty nesters, too, will maybe take one or two trips a day,” he
said, noting there will not be children to ferry back and forth to school
and other activities. “Traffic will go right to the highway, with
little cutting through the neighborhoods.”
He also sees the Route 95 access and the possible train station in Warwick
to be a draw for executives.
Carpionato hopes the redesign of the intersection of Routes 113 and 5
will help to assuage neighborhood traffic concerns.
According to Vincent Palumbo, chief civil engineer for the Rhode Island
Department of Transportation, the $2.5 million intersection redesign will
reduce its overall size, opening up about 10 acres of land.
The land will be sold
upon the project’s completion to help defray
costs.
The DOT’s goal
is to create a conventional four-way intersection that will maximize
flow and capacity.
About 45,000 vehicles travel through
the intersection daily.
Every leg of the intersection approach will have double left-turn lanes
and separate free right-turn lanes. The project area extends to Metro Center
Boulevard and will eliminate the raised median on Route 5, creating a center-turn
lane.
Palumbo said the project is in the 90 percent design phase and is expected
to break ground between the fall of 2004 and spring of 2005.
Construction ground-breaking is contingent upon the completion of the
Greenwood Bridge project, at the intersection of Route 113 and Jefferson
Boulevard, he said.
Also, in an effort
to mitigate the development’s impact on the surrounding
neighborhood, Kelly Coates, Carpionato senior vice president, said the
Residences at the Crossings’ architecture offers “transition” from
a high-use density to single-family homes.
“There is commercial, then you go down to the multifamily then to
the duplexes and then to the single-family homes. There is a natural transition
zone for height,” he said.
The gravel pit where the residences will be built is 20 feet lower than
the hotel, he added. Buffering the condos and apartments from Route 95
will be office space.
The number of condos vs. apartments has not been divided yet, according
to Coates.
The development will
go in just south of the Crowne Plaza’s ballroom
parking lot and will not be visible from Route 5.
The stone gated entry is proposed for the current Continental Little League
field entrance.
About 88 of the units will be two- or four-bedroom units, with the remainder
of the units spread throughout four-story buildings.
There will be heated garages, elevators and keypad entry. Each level will
have about 15 to 20 units.
“These (condos) are geared toward the empty nester,” said
Coates, noting proposed handicapped accessibility, wide corridors, walk-in
closets and balconies. The proposed two-bedroom condos will start at about
$300,000.
Coates says potential clients will probably have a home in Florida but
will want a large home here, without the hassle of maintenance.
“They want their properties maintained for them,” he
said.
The executive apartment packages will range from $1,500 and up in monthly
rent.
The apartments, like the condos will have concierge service.
Residents will also have access to a clubhouse with theater-style seating,
tennis courts, Jacuzzis and a swimming pool.
Coates said residential meal and concierge services would blend with the
hotel.
“But in general they (residences and the hotel) are separate businesses,” he
said.
As for the 200-room
hotel, Coates said, Carpionato is still trying to “figure
out what flag (design/name)” to use. “Planning is still in
the initial stages,” said Coates.
Carpionato plans to own and operate it and to possibly break ground in
2005.
As for the room expansion
at the Crowne Plaza, Coates said an announcement would be made “within
the next two months.”
The Crowne Plaza currently
has 266 rooms. “That is relatively small,” said
Coates.
In 2001, Carpionato
spent $10 million to renovate its ballroom facility in an effort to accommodate
more trade shows. “It’s hard to
compete for the business traveler,” said Coates. “Because companies
are price-sensitive and not traveling.”
The ballroom expansion helps subsidize the hotel.
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Published
10/06/2003
Issue 18-25 |