News: Rhode Island

The DSF Group renovates 200 year old mill into 224-unit Halstead at Slatersville Mill

The DSF Group, a private real estate investment firm, has completed the renovation of the 240,000 s/f Slatersville Mill. "Now that we completed the mill redevelopment, we're pleased that the tenants have responded well to the mill's architectural excellence and unprecedented amenities," said DSF president Josh Solomon. The Rhode Island chapter of the American Institute of Architects presented a merit award to project designer Newport Collaborative Architects, Inc. of Providence for adaptive reuse/renovation of Slatersville Mill, built in 1806. Now known as The Halstead at Slatersville Mill, the DSF-owned village complex has been renovated into a 224-unit multi-family complex in four buildings. Scott Winkler, project architect for Newport Collaborative, said that the redesign posed challenges given that all structures were built more than a century ago. The oldest building on the site, constructed in 1806, now serves as the leasing office and clubhouse area, complete with sitting area, a fireplace, large screen TV and computer center. Renovations were also made to two granite mills, the "Center Mill" built in 1826 and "Spinning Mill" built in 1843. Finally, the former "Weave Mill," built in 1893, was where thread was woven into cloth. The amenities include the first Halstead Club in New England consisting of a 24-hour professionally designed fitness center with an indoor sports court, a 24-seat private screening room, business center complete with internet, residents lounge with 52-inch plasma TVs and billiard tables, resort style swimming pool overlooking the Branch River as well as walking and bicycle trails along the Branch River. Tenants can choose from loft- or flat-style apartments with 16-foot ceilings and 10-foot windows. Each home comes with its own washer/dryer, fully equipped kitchen and designer finishes. The interiors were restored offering original brick walls, wood floors and ceilings. John Moriarty & Associates of Winchester, Mass. was the construction management firm for the $50 million project.
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