News: Rhode Island

DBVW Architects transforms WaterFire Arts Center in Providence

Providence, RI A historic building once used to unload locomotive trains is now home to WaterFire Providence. Working closely with WaterFire and TRAC Builders, DBVW Architects transformed a structure that had been completely bricked up into a multi-use space. An addition to the emerging Valley St. cultural district, the newly restored industrial building consolidates once scattered WaterFire operations and serves as an exhibit and event venue, benefiting the larger arts community in the city, celebrating the best Rhode Island has to offer in visual and performing arts. 

This transformative project, which has earned a GrowSmart RI award and a Rhody Award for Historic Preservation, utilized a light-handed design which is respectful of the building’s original industrial architecture. A large overhead crane system in the center of the building was retained and a new stair and mezzanine were designed to add visual interest and functionality. There is also the addition of a rooftop terrace that offers views of the historic American Locomotive Works buildings that have also been adaptively re-used and that complete this industrial complex to the south.

In its first few months, the space has already welcomed its new permanent tenants, as well as been host to an assortment of cultural events, including Providence Fringe Fest, Design Week’s Video Launch, Design Hall of Fame, and the Preserve Rhode Island’s Rhody Awards.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary