Sep 03
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Residences at Riverside Square

By Home page feature, Real Estate Development
Construction began January 2023. Development Team Sponsor/Developer: ONE Neighborhood Builders Property Management: Peabody Properties Inc. Legal Counsel: McGunagle Hentz, PC Architect: Union Studio Architecture & Community Design Engineer: Commonwealth Engineers & Consultants, Inc. Related Articles ONE|NB Awarded $5.1 Million For Affordable Housing In Providence And East Providence EastBayRI: ‘The Residences At Riverside Square’ Project Takes A Step Forward Residences at Riverside Square Under Construction - Estimated completion: February 2024 The Residences at Riverside Square development, known as the “old Vamco site” at 336 Bullocks Point Avenue, in East Providence, will create 16 new affordable rental apartments for extremely low- to...
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Dec 06
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A two-part development that includes 39 new apartments at 434 Atwells Avenue and preservation and renovations of 46 apartments in the Elmwood neighborhood of Providence.

The Avenue

By Home page feature, Real Estate Development
ONE|NB awarded $5.1 million for affordable housing in Providence and East Providence As part of a new development standard ONE|NB will endeavor to provide free, in-home, internet access to all tenants of our rental developments. The Avenue will offer free broadband to all of its low-moderate income tenants. The Avenue Breaking ground 2024 - Estimated completion: Summer 2025 The Avenue will be an 85-unit affordable housing development that will combine development of 39 newly constructed apartments at 434 Atwells Avenue in the Federal Hill neighborhood of Providence and the preservation and re-syndication of 46 affordable apartments, known as Elmwood Neighborhood Revitalization...
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Oct 18
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Aldersbridge at East Point

By Home page feature, Real Estate Development
Related links: EastBayRI: Aldersbridge Communities joins East Point development Providence Journal: Safe space: Nonprofit to build LGBTQ-friendly, income-, age-restricted apartment building Aldersbridge at East Point Predevelopment Co-development with Aldersbridge Communities: 39 affordable apartments, including studios, one-bedroom and two-bedroom apartments Apartments age-restricted to 55 years, available for households earning up to 60% of the area’s median income (AMI) Rhode Island’s first development specifically designed for the LGBTQ+ community New 4-story building as part of 390-unit East Point housing development. Design emphasizes sustainability and high energy efficiency Estimate date of construction completion: 2025
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Dec 09
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Steeple & Stone

By Home page feature, Real Estate Development
Architect's rendering of proposal. Related links Adaptive Reuse Of St. Patrick Church In Cumberland Aims To Provide Affordable, Supportive Senior Housing Blue Cross & Blue Shield Of Rhode Island Awards Grants To Address Health Inequities Tied To Housing Steeple & Stone Predevelopment 305 Broad Street, Cumberland, RI, 02864 Highlights: Preservation of the former St. Patrick Church 44 new apartments, with 27 one-bedroom, 12 two-bedroom, 5 three-bedroom units, of which three will be ADA compliant. Nine townhomes to be constructed along Broad Street All apartments will be available for households earning up to 60% of the area’s median income (AMI), which...
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Aug 26
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Amherst Gardens

By Real Estate Development
Amherst Gardens Amherst Gardens is a 36-unit affordable rental development completed in October 2017 and now fully occupied. Located in the residential core of the neighborhood, focused on Amherst Street, this cluster of homes was among the most devastated by the foreclosure crisis. The project transforms 14 formerly foreclosed and blighted properties into attractive, stable and affordable rental housing for 36 families who are invested in contributing to a healthy community. Location: Scattered site throughout the Olneyville neighborhood centered on Amherst Street Housing Type: Affordable family rental Completed: 2017 Units: 36 Contractor: Pezzuco Construction Company Architect: DBVW Architects Financing: RI Housing, Citizens...
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Oct 07
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Bowdoin Street Rowhouse, August 2022, Photo by Steve Ide/ONE Neighborhood Builders

Bowdoin Street Rowhouse

By Real Estate Development
The Bowdoin development was completed in August 2022. CLICK TO SEE AND READ MORE Bowdoin Street Rowhouse ONE|NB's first modular development 1 building 8 apartments: (2) 1-bedrooms and (6) 2-bedrooms. One of the 1-bedrooms is fully accessible. There is off-street parking. They are for renters 50%-80% AMI. Delaine Street Apartments / Bowdoin Street Rowhouse booklet Bowdoin Street Rowhouse is a multi-family development in the Olneyville neighborhood of Providence. The redevelopment will transform Bowdoin Street, which had three properties that had been vacant for two years and had three structures that had been destroyed by fire. The redevelopment will improve Bowdoin...
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Aug 26
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Broad Street Revitalization

By Real Estate Development
Broad Street Revitalization Broad Street Revitalization is a  four building mixed-use project in Elmwood that runs along the neighborhood's main street, Broad Street.  It's made up of 25 affordable apartments and commerical and community space.  Tenants include The Elmwood Financial Center and ONE|NB partner, Project Weber/RENEW. Location: Broad Street, Reynolds Street, and Chester Street in Elmwood Housing Type: Affordable rentals and commercial space Completed: 2011 Units: 25 residential, 5,000 sq ft. of commercial space Contractor: Stand Corporation Architect: David Presbrey Architects Financing: LIHTC, RIH 1st Mortgage, RIH Targeted Loan, HOME, Lead funds, Neighborhood Opportunities Program, BHRI Project Cost: $7,048,765
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