American Locomotive

New Markets Tax Credit Coalition

Providence,
RI
(2007)

American Locomotive

Community, Daycare and Early Childhood, Historic Rehabilitation, Mixed-use, Youth and Families

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.

CDEs

Chevron NMTC Fund, Local Initiatives Support Corporation

Investor

Wells Fargo

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

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