Parcel 6 was created by the relocation of Interstate 195 which cut through the core of downtown Providence.  Upon removal of the highway, the development site encompassing about 1.5 Acres situated prominently on the East Side of the City was ripe for an imaginative new use. 

The development executed by D+P included 62 units of elegantly designed apartments including approximately 50% of the units at below market rates to provide much needed housing for the city's workforce.  The development plan is anchored  by Providence's first Trader Joe's grocery store which  occupies a free standing 15,000 SF store.  

A total of three buildings are integrated across the site by a shared parking deck and garage that houses 162 parking spaces and serves the grocery store as well as the other residential and retail uses.      
PRJOECT STATS:
Type:  
Multifamily / New Construction / Mixed Use 
Architect:
Truthbox Inc. & ZDS Inc.
Budget:
$29 M
Size:
60 Apartments / 15,000 SF Grocery / 162 Space Parking Garage / 10,000 SF Retail
Financing:
Bank RI, Providence Revolving Fund, RI Housing, Rebuild RI Tax Credits, Developer Equity
Date:
Completed 2023
Contractor: 
New England Construction
Role:
Developer / Owner