New proposal, hot off emporis:
http://www.hotel-online.com/News/PR2...rovidence.html
Intercontinental couldn't get enough of Providence and Providence couldn't get enough hotel space. Intercontinental is expected to close on the land soon and proposes a 15 (or 18 according to emporis)-story....get ready for this... hotel with condos on top. This is ridiculous. Where is the market? If you want to know where it is, it's that triangle on the corner of Memorial, Exchange, and Steeple that always seems to get sculptures decorating it and amorphous piles of dirt.