The Plant

Historic rehabilitation of a building into a mixed-use facility with live/work and retail space.

Investment

  • NMTC Amount: $17,829,478
  • Total Project Cost: $20,371,375

IMPACT

  • 98 FTE jobs
  • 40 construction jobs
  • 27,264 sq. ft. of real estate

Investor

Project Description

Historic rehabilitation of a building into a mixed-use facility with live/work and retail space. The Plant project is located on Valley Street in the heart of Providence’s emerging mill district and calls for the conversion of a former mill complex into 17 residential rental units, 15 live/work artist lofts, 27,264 sq. ft. of commercial space, and 114 parking spaces.

MAP

Address: 60 Valley Street, Providence, RI 2909

Census Tract: 44007001900

PDF Profile

Other Rhode Island Projects

Financing supported the rehabilitation of a 45,000 sq. ft. building into hospital, office, and clinical space.
Providence Public Library used NMTC financing a $25 million renovation of its library in Providence.
The new construction of a 28,000 sq. ft. addition to an existing 76,000 sq. ft. facility.
The renovation and expansion of the existing 36,346 sq. ft. Boys and Girls Club.