New Markets Tax Credit Coalition

Search

American Locomotive

The project is an adaptive reuse of the American Locomotive Works site in Providence, RI.

Investment

  • NMTC Amount: $20,133,989
  • Total Project Cost: $76,956,015

IMPACT

  • 36 FTE jobs
  • 17 construction jobs
  • Preserved public green space along the river.

Investor

Project Description

The project is an adaptive reuse of the American Locomotive Works site in Providence, RI. Located on the north shore of the Woonasquatucket River near the city’s center, the project is transforming the deteriorating industrial site into a dynamic riverfront community

MAP

Address: 555 Valley Street, Providence, RI 2908

Census Tract: 44007002500

PDF Profile

Other Rhode Island Projects

The project is an adaptive reuse of the American Locomotive Works site in Providence, RI.
A food manufacturing facility increased local production and added jobs in Providence, RI
Historic rehabilitation of a building into a mixed-use facility with live/work and retail space.
A new food hub expands access to fresh food while empowering a new generation of culinary entrepreneurs.