News Summary
Churchill & Banks has launched a new waterfront housing development in East Providence, featuring nearly 400 units. This project includes stand-alone condos, apartments, and traditional condos along the Seekonk River. With stunning views and enhanced accessibility from the new Henderson Bridge, the development aims to enhance the local housing market and community. An open house is scheduled for May 4, inviting prospective residents to explore the innovative designs and amenities that the waterfront project offers.
East Providence – A new waterfront housing development featuring nearly 400 units has officially launched in the Providence area, as announced by Churchill & Banks, led by CEO Richard Baccari II. This ambitious project includes a mix of stand-alone condos, traditional condominiums, and apartments, all strategically located on the banks of the Seekonk River.
The development is set to provide stunning views of the East Side of Providence and the scenic Blackstone Park. With the recent opening of the Henderson Bridge, residents will enjoy increased accessibility to downtown areas compared to previous routes, enhancing the project’s appeal.
Construction for the project commenced in the spring of 2023 after a lengthy permitting process that took nearly two years, following the acquisition of the property in late 2022. The first phase includes a development of 128 apartments, with the foundation already laid. The initial phase of the apartment project contains 70 units, expected to be completed in about 14 months, with a target opening date in the summer of 2026.
Unique Features and Amenities
The development will showcase various types of living spaces, each offering exceptional waterfront views. The stand-alone condos are already in the process of being completed and sold, equipped with individual elevators to enhance convenience for residents. The apartments will be housed in a four-story building, featuring decks that provide direct water views and elevator access.
In addition to the residential spaces, the development will include a range of amenities catering to residents’ needs. These will encompass a pool, a gym, and optional membership for condo residents to access additional facilities for a fee. The project also emphasizes outdoor recreational opportunities, featuring access to the waterfront that will include a kayak launch.
Developer’s Vision
The development has been driven by the vision of Richard Baccari II, who has collaborated on the project with his late father, a prominent figure in New England’s development scene. Baccari emphasizes that the new project will provide more waterfront views than their previously successful Kettle Point development, and highlights the significance of this new venture in enhancing the local housing market.
As the project progresses, it is anticipated to take approximately 30 months for completion, with various phases being rolled out to ensure a steady delivery of housing units. The strategic location and diverse options for living arrangements position the development as an attractive option for those seeking to live by the water.
Open House Event
An open house is scheduled for Sunday, May 4, from 12 noon to 2 PM, providing prospective residents and community members an opportunity to learn more about the development. This event aims to showcase the innovative designs and potential living experience offered by the new waterfront housing project.
East Providence is set to undergo significant transformation with this new development, promising to enhance the local community with modern living solutions and ample recreational opportunities, all while showcasing the beauty of the Seekonk River.
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Additional Resources
- GoLocalProv: Waterfront Development on the Seekonk River
- Wikipedia: Waterfront Development
- Boston Globe: Luxury Apartment Building Proposed
- Google Search: Providence waterfront development
- Providence Journal: Pawtucket Redevelopment Plans
- Google Scholar: Waterfront Housing Developments
- PBN: Apartment Condo Building Proposed for Providence Waterfront
- Encyclopedia Britannica: Housing
- NE Real Estate Journal: Churchill Banks Breaks Ground
- Google News: East Providence Waterfront
