PROVIDENCE, R.I. — A new microloft-style hotel is being planned in downtown Providence, at the site of two historical buildings on Westminster Street that were purchased Friday for $4.3 million. CEO Jim Abdo, who plans to invest $30M in two adjacent buildings on Westminster Street, said his Hotel Hive idea is to have more “social” spaces at the hotel, and to make it a destination for residents as well as visitors.
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