CWRI’s Broad Street Revitalization development is nearing completion, and Broad Street looks better each day as the buildings at the corners of Chester, Reynolds and Potters Avenues get their final touches. This development was made possible through Low Income Housing Tax Credits, HOME funds through Rhode Island Housing, the Building Homes Rhode Island program and the Home Depot Foundation.
The four buildings include 25 new family apartments, eight of which will be occupied by families receiving supportive services through Crossroads Rhode Island. The apartments, two 1-bedrooms, eleven 2-bedrooms and twelve 3-bedrooms, feature Energy Star Appliances and are available at affordable rates to qualifying tenants. For information about renting one of these fantastic new apartments, contact First Realty Management at 401-272-3963 or stop by the management office at 57 Parkis Avenue at the corner of Parkis and Elmwood.
The development has also created over 5,000 square feet of beautiful new commercial space on Broad Street, including nearly 1300 square feet for use by a community-based agency.
For information about renting this prominent commercial space on Broad Street, contact CWRI Real Estate Project Manager Debora Rotondo at 401-273-2330 x102, or email her at email@example.com .
CWRI is especially excited that 640 Broad will become Rhode Island’s first LEED Platinum rated affordable housing development. The building’s nine apartments and four thousand square feet of retail space were built using green materials and designed to be extremely energy efficient, creating healthy and economical spaces in which to live and work. More information about the LEED green building certification system