Commonwealth Landing Redevelopment Project Poised to Revitalize Fall River Waterfront
At a press conference held on July 9, Commonwealth Landing co-owner Anthony F. Cordeiro welcomed Bristol Community College’s new Workforce Center to the complex and cited the many benefits of bringing higher education to the site.
“We’re in full support of BCC’s efforts to expand adult education and workforce training opportunities here in Fall River,” said Cordeiro. “We love the fact that students will be here Monday through Friday.”
The college’s satellite campus will house its Center for Adult Basic Education and the Center for Workforce and Community Education, as well as BCC’s Green Center, which offers a range of energy efficiency education courses, such as home weatherization and solar panel installation. The centers’ programs will serve over 3,000 students in the coming year.
With its savvy mix of restaurants, businesses, and residential apartments, the Commonwealth Landing redevelopment project promises to reinvigorate Fall River’s waterfront. Within the next four months, two iconic eateries will occupy commercial space on the first floor. Opening this summer, Red Cedar will feature Federal Hill-inspired Italian cuisine, brick oven specialties, and live music. The striking visual interior will include an artful waterfall, along with huge screens streaming music, concerts, and videos.
When Jerry Remy’s Sports Bar and Grill opens in October, patrons will be able to enjoy dining and drinks while taking in the waterfront views from the restaurant’s wrap-around patio. With an open air courtyard located between the two establishments, Cordeiro said the goal is to create a casual, relaxed atmosphere that will become a popular destination for visitors.
“We’re trying to create a place where people are going to want to hang around,” said Cordeiro.
Cordeiro and business partners Larry Coutu and Alan Macomber bought the former Quaker Fabric Corp. headquarters for $1.5 million at a bankruptcy auction in 2010. Located on 5.5 acres along the Taunton River, the new facility has attracted a diverse group of occupants, including Arbour Health Systems, New Life Worship, Community Connection Inc., and studio space for Brian Fox, the Somerset artist famous for his collection of celebrity paintings. Slated to begin this fall, the next phase of the redevelopment project will be the construction of up to 90 two-bedroom residential apartments on the building’s top floors.
Managing partner Tony Cordeiro, owner and president of Anthony F. Cordeiro Insurance Agency, LLC, in Fall River, said that the three partners anticipate a total investment of $15 to $18 million in the revitalization project by the time the complex is finished. Born and raised in Fall River, Cordeiro believes investing in a brighter future for the city is money well spent.
“This project is going to bring a lot of energy and activity to Fall River’s waterfront,” Cordeiro said. “It’s really about building the local economy and showcasing all that this beautiful city has to offer.”