Washington Trust's commercial real estate group recently provided $1.9 million in financing to Parking Garage Associates, LLC of Providence, for rehabilitative improvements of a 275 space parking garage located at 231 Weybosset St., across from the Providence Performing Arts Center and Johnson & Wales University.
Parking Garage Associates, LLC is managed by Bliss Properties, Inc., whose principal is Aram Garabedian, a real estate property manager and developer.
"These renovations and upgrades will provide a safer, more efficient parking area for Providence visitors," said John Warren, Washington Trust chairman and CEO. "We are pleased to provide Mr. Garabedian with the financing for this project."
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