The land, bordered by water on three sides, is located at 300 Roger Williams Ave. in East Providence. noble development, a subsidiary of Churchill & Banks, is due to acquire the remediated plot in June, formerly the site of a steelmaker. The 29-acre property is expected to become a large housing estate. Although there is still a lot of work to be done on the property before construction begins – removing a decaying, decades-old barge, for example – the potential for substantial development is there.
If granted state approval, the development, called East Point, will offer rental apartments and condos: three condominiums, duplex and quadruplex townhouse-style condos, and stand-alone condos. Of a total of 392 units, 112 will be condos to be purchased:
- Thirty-two will be spread across three mid-rise three- or four-storey buildings with garages: each will contain eight to 16 units ranging from 1,200 to 1,800 square feet.
- Nineteen condos will be built as stand-alone 2,000 square foot units.
- Sixty-one units will be part of duplex and quadruplex configurations.
Overall, estimated condo prices would range from $500,000 to $900,000, while apartment rents would be $1,600 to $3,000 per month. Prices are subject to change and it has not been decided if any units will be reserved as affordable housing.
The proposal also provides several acres of open space, walking paths along the banks of Omega Pond and the river, and parking lots for public use.
Construction at East Point could begin this summer, Baccari said, and could take up to four years.
The proposal for the property comes from Noble Development, a subsidiary of Churchill & Banks. Churchill & Banks, a family business that has been around for about half a century, has developed condominium projects, shopping malls, multi-family homes, condos and industrial facilities.
Baccari resisted Kettle in the Riverside section of East Providence as one of the company’s most notable projects. Kettle Point, similar to East Point, was built on a formerly contaminated site (an oil tank farm). It now offers 225 apartments, 62 luxury waterfront condos and a university orthopedic location.