Providence G, $20M Downtown Mixed-Use Project, Nears Fall Completion
- Aug 24, 2013
by Adriana Pop, Associate Editor
Providence G, a $20 million mixed-use project, is on track to bring 56 luxury apartments, three restaurants, a 60-car garage and retail to downtown Providence when it is complete this fall.
Rhode Island House Speaker Gordon Fox, Mayor Angel Taveras and other officials attended a July 31 ribbon cutting for the project, which being developed by New York-based investor Vince Geoffroy and local developer David Corsetti, the Providence Journal reported.
The redevelopment involves four adjoining structures along Dorrance and Weybosset streets: the Providence Gas Building, the former home of National Grid, the Narragansett Hotel Garage and the historic Teste Block. Providence G’s residential component features one- and two-bedroom apartments, as well as a concierge, gymnasium and dry cleaners.
Brendan Moran, the property’s manager, told the Journal that 25 units have been occupied at monthly rents ranging from $1,600 to $2,700. An 8,000-square-foot pub in the basement and a boutique coffee shop on the first floor are scheduled to open this fall. Also on the way is an 8,000-square-foot rooftop restaurant, scheduled to open next spring. The Teste Block structure will offer six upper-floor apartments along with a 4,000-square-foot ground floor restaurant.
Geoffroy and Corsetti will next team up in downtown Providence to convert an historic building at 290 Westminster Street into a 63-unit multi-family property.
Photo credits: Google Street View