Vacant for over 15 years, this former assisted living facility was in need of too much work and just too outdated to compete with modern assisted living complexes in the market. Attached to a larger nursing home complex, the prior owners saw no future for this wing as a senior care facility again.
After a rezoning of the property for multifamily use and an extensive gut renovation, D+P converted the 4 Story structure into a modern apartment building serving a mix of young professionals, graduate students, and local neighbors. The project involved many challenges as the renovations were completed while the attached HUD funded nursing home remained fully occupied. |
PRJOECT STATS:
Type: Multifamily / Adaptive Reuse Architect: Truthbox Inc. Builder: Durham Construction. Budget: $3.2M Financing: Bank RI, Developer Equity Size: 22 Apartments / 24,000 SF Date: 2016-2017; Sold in 2022 Role: Developer, Builder, Owner |
D+P REAL ESTATE | 460 HARRIS AVENUE | PROVIDENCE, RI 02909
401.450.0731
401.450.0731
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