Alisha Pina of the Providence Journal also has a good story here. She writes:
Plans will officially be New vision emerges revealed Thursday at 5:30 p.m. in the Providence Biltmore Ballroom. Governor Chafee and Mayor Angel Taveras are hosting the event. Honorary chairmen are U.S. Senators Jack Reed and Sheldon Whitehouse, and U.S. Representatives David Cicilline and James Langevin.
Wood says the entire project could cost $20 million and take, depending on how quickly they raise the money, four years to complete.
This I think is a fantastic project for Providence, i think. I note that the rendering includes street cars, which would also be a great thing for the Capital City.