A 34-unit residential development converted from a former car dealership in two phases. The first phase involved retaining portions of the original structure while constructing a modern apartment complex, while the second phase added 12 additional units on an adjacent lot, incorporating shared parking and enhanced site design.
The project leveraged East Providence’s tax incentives and zoning flexibility to create an attainable, high-quality housing option near Providence. The initial plan included a mandatory 10% affordable housing component, but through strategic negotiations, compliance was fulfilled off-site, allowing the property to maintain higher rental premiums. The location was positioned to attract medical professionals and working professionals seeking a modern but cost-effective alternative to downtown Providence.
This project capitalized on zoning and site efficiency, creating a high-value rental offering with minimal barriers to occupancy. One-bedroom units that were originally underwritten at $1,600 now command rents of $2,080+ per month, demonstrating strong demand for well-located, thoughtfully designed apartments.
