RIPR News
2:19 pm
Mon October 6, 2003

Heritage Harbor

WRNI – The board of The 59 million dollar project is considering cutting the museum in half and finding other uses, such as an upscale restaurant and a parking garage, to share the space.

Funding for the project has hampered by a drop in corporate support and delays in state and federal funding. The state budget office has held up the release of $5 million in voter-approved state bonds until plans for the financial future of the museum are more certain. The city of Providence also wants to see a clearer picture of the museum's future before it will provide needed backing to a $9 million federal loan.

The board expects to make revised plans public in the next few months.