The Providence news. (Providence [R.I.]) 1891-1906, 1894-01-19


full control OF its new owners. 1t 10
located at 20 Richmond street.
New Business Block I'm Prospect.
The Leith Il Danforth drug store which
has been known to the Providence citizens
for half a century is at last to be closed
up and its place will probably
soon be occupied by a handsome brick
business block. The property has
passed into the hands of the
William III. Lowe estate. IL Is
situated on Westminster street be-
tween Eddy and Dorrance and is COM
monty known as the old Calder drug
store.
Summer Resort Land.
A. l.. Andrews has just completed the
sale of tract of 10000 feet at Pawtuxet,
upon which will soon be erected a
handsome summer cottage by the Misses
Smith. Another party is negotiating for
the purchase of $4,000 feet of good real
estate on Fair street.
Boom I'm Olneyville.
On the A. A. Kimball estate in Olney-
vile square is soon to be erected
commodious and costly brick
business block. The property
Is situated on Hartford avenue between
the old Church estate and the street car
barns. The beginning of the work is said
to be not far off,
The Central Real Estate company is
paying its twelfth quarterly dividend of
~ per cent. William III. Hall, president
of the company is of the opinion that the
outlook for good business is bright.
There is considerable activity in the
property owned by Henry w. Cooke q
Co. on Smith hill. In fact the activity is
much more pronounced than elsewhere.
There Is fair demand for
loans, but no heavy transactions
in real estate through this company. The
Adelaide Grove plat, a portion of the
Joseph j. Cooke estate, Is rapidly filing
up with residences, seven already being
under process of erection. This plat was
opened within the last year and the
demand for lots has been rapid.
The Burgess plat, controlled by
William II. Herrick on Elmwood
avenue Is another desirable location
that is attracting considerable attention
among those anxious to own their own
houses. Situated on the avenue, included
within the. confines of Peace, Crom-
well and Dexter streets it is as finely
located piece of property as man can de-
sire. Besides this it Is easily accessible to
the centre of the city, the ''electrics"
passing along the avenue at few minute
intervals.
The new building in process of erection
on the site of the old skating
rink on Aborn street by the
Kent Stanley company will be
finished before the opening of the spring
This building will be marvel of con-
venience and accuracy of detail and will
be charming from an architectural point
of view.
The new Industrial Trust company
building at the corner of Westminster
and Exchange streets seems TO
possess far greater charms FOR the
passer by than anything else in
that neighborh hood. Towering high
above its surroundings it commands at
tention and when the eye is once fastened
upon it, the attention of the spectator is
invited and considerable effort is neces-
sary to pass quickly along. The build
ing is nearly completed internally
and when finished will be one of the few
handsome structures of which the city of
Providence can boast. Workmen are
thick as bees during swarm, around the
building. and from the indications the
structure will be ready for occupancy
early in the spring.
A number OF eligible and very desirable
residences are advertised to let by Samuel
A. Nightingale. Mr.. Nightingale con-
trols large amount of real estate in and
about the city.
The Sanders estate on Westminster
street is to lease. The estate comprises
S04S feet OF territory and is bounded by
Westminster, Oliver and Washington
streets.
Considerable Of a boom is being made
through the agency of William ii. Herrick
in the Kimball plat on Pawtucket avenue.
The plat includes large territory
and Is located on the east side OF
Pawtucket avenue. 1t runs back on
a gentle slope towards the east
and is rapidly being settled.
The great tendency seems to get away
from the city as far as possible and yet re-
main In touch with business and CONNER
cial industries. This plat is remarkably
easy of access and is becoming more and
more appreciated.