King Street Commons
The 2.5-acre King Street Commons development includes 30 new affordable rental apartments and a state-of-the-art child care center along King Street in Olneyville, plus the recapitalization and preservation of 32 affordable apartments in Providence’s Elmwood neighborhood. Families have already moved in, and the child care center, operated by Children’s Friend, is expected to open soon.
Project Information
Location: Providence
Completed: July 2021
Developer: ONE Neighborhood Builders
Project Architect: DBVW
Project Builders: Pezzuco Construction
Number of Units: 30 new, 32 preserved and renovated
Total Development Cost: $17.5 million
Funding Sources: RIHousing, LISC Rhode Island, Providence Redevelopment Authority, National Equity Fund, Housing Ministries of New England