PICTURED IS A JAN. 2022 RENDERING of the Residences at Riverside Square,
a new affordable apartment development that will be located
along the East Bay Bike Path at 336 Bullocks Point Ave. in East Providence. / COURTESY CITY OF EAST PROVIDENCE
By Claudia Chiappa
Providence Business News
EAST PROVIDENCE – Officials in East Providence broke ground Monday on an affordable housing development project by ONE Neighborhood Builders, a city-based nonprofit devoted to developing affordable housing.
Once completed, Residences at Riverside Square will include 16 one- and two-bedroom apartments, including three units which will be reserved for youth transitioning out of foster care, through a partnership with Foster Forward.
The development, scheduled to be completed in early 2024, is located at 336 Bullocks Point Ave., along the East Bay Bike Path and on the vacant site that used to house the factory for former jewelry manufacturer Vamco. Construction for the project, estimated to cost approximately $5.8 million, began in January, but officials held the official groundbreaking ceremony on Monday.
“We are extremely proud of all the hard work that is being done to help bring the Residences at Riverside Square to life,” said Jennifer Hawkins, ONE Neighborhood Builders president and executive director. “This groundbreaking is a signal that we can do big things when we work together. While this project on its own won’t solve the state’s housing crisis, it is an example of the kinds of projects – at scale – that can. Through continued support and collaboration, ONE|NB looks forward to continuing the development of affordable housing, which is at the heart of creating sustainable and equitable neighborhoods.”
Claudia Chiappa is a PBN staff writer. You may contact her at Chiappa@nullPBN.com.
