The majestic, albeit ailing Bank Street Armory once housed a volunteer militia, the National Guard and the Greater Fall River Re-Creation among its tenants before it was shuttered by the city building inspector in April 2015. Now a local developer with a track record of transforming old city buildings is eying the castle-like structure for redevelopment into 37 market-rate apartments or possibly a mixed-rate project with 20% of the units deemed affordable.
Mayor Paul Coogan delivered his fourth State of the City address on Tuesday at Government Center before a joint session of the City Council and School Committee, framing the city as one of “energy, hope and unprecedented growth.”
After sitting idle for 14 years with a broken promise to redevelop the property, the sale of the 117-year-old former Lincoln Elementary School on Pine Street is expected to be completed within a week with plans to convert it into 24 market-rate apartments.
Now that the Route 79 expressway reconstruction project has officially broken ground, one of the first things to be broken will be the Route 79 expressway itself, with the highway scheduled to be closed for good sometime in February.