Thursday, January 18, 2007

A New Bourne Identity

The Armory Revival Company of Providence, Rhode Island is working on a proposal to renovate the Bourne Mills Complex in North Tiverton.

The property which borders Cook Pond has 22 building on it, 16 which would be renovated, the remainder would be demolished and some new construction would take place. When completed the property would contain 267 residential units, 80 "of these units would be affordable, targeted at households at 60% of the Area Median Income (AMI)(targeted income of $32,000-$34,000)." There would be roughly 38,000 sq. ft. of commercial space which could be used for such things, as restaurants, an athletic facility and craft industries.

Although issues remain it would seem that the Tiverton Planning Board is in favor of the project.

The view from Battleship Cove is: A renovated Tiverton mill complex is not only good for Tiverton but also for Fall River and the area in general. A project like this, well done, only adds to the prestige of the area, makes other like projects more plausible and helps raise the profile the community. On top of that, it also helps preserve a the historical fabric of the this region. It is my hope that the issues can be worked out and that a neglected run-down mill complex can once again play an important role the vitality of the area.


Anonymous said...

It may be good news for Tiverton but it would be in direct competition with the King Phillip Mills which are being marketed for the same type of project.

Lefty said...

I think the difference is that while the King Phillip Mills complex is up for sale and the owner is marketing the potential for conversion to residential units (condos or apartments), the Bourne Mill Complex has a proposal in place. On top of that is boasts (in my opinion) better access and isn't bordered by a congested neighborhood. I think it has a lot more going for it than King Phillip.

But! One of the points that I was trying to make in my post is that a well done project in Tiverton raises the profile of the whole region making a project at King Phillip's (or elsewhere)possibly more appealing to investors