Providence developments

The Avenue​

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The Avenue​

Breaking ground 2024 – Estimated completion: Summer 2025

The Avenue
will be an 85-unit affordable housing development that will combine development of 39 newly constructed apartments at 434 Atwells Avenue in the Federal Hill neighborhood of Providence and the preservation and re-syndication of 46 affordable apartments, known as Elmwood Neighborhood Revitalization II (ENR II), in the Elmwood neighborhood of Providence.
ATWELLS AVENUE

  • 39 new apartments in 5-story building at 434 Atwells Avenue, Providence, on vibrant mixed-use street which will encourage pedestrian and bicycle traffic, easy access to public transportation
  • Residential apartments on floors 2 through 5, that include 11 one-bedroom, 24 two-bedroom, and 4 three-bedroom apartments; 2 ADA compliant units (1 one-bedroom and 1 two-bedroom)
  • A unit mix of 9 units at 30% AMI, 13 units at 60% AMI and 17 units of unrestricted/market rate housing
  • 1,000 square feet of commercial space on first floor for coffee shop, a fitness center, a mail room, bike storage, management office
  • 40 parking spaces, partially enclosed

https://oneneighborhoodbuilders.org/property/the-avenue-2/
 

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