Parcel 41:
Project Status:
Pre-Development and Planning
Project Summary
(of the I-195 Redevelopment District).”
The I-195 Redevelopment District (195 District or District) was created in 2011 when a section of Interstate 195 was relocated, freeing over 26 acres of former highway land for redevelopment. The 195 District and its oversight Commission were created to manage the sale, marketing and redevelopment of this land. Seven acres were designated as open space, and 19 acres were slated for redevelopment. The mission of the 195 District is to develop the former 195 land in Providence to create a thriving “innovation district” and neighborhood that attracts investment and fosters economic growth and opportunity.
Parcel 41 of the 195 District is located at the intersection of East Franklin Street and Pine Street, directly adjacent to Dexter Manor. In late 2024, the 195 District approached the PHA to assess the development potential of the 12,600 s.f. parcel. The assessment determined that the development of Parcel 41 could be mutually beneficial to both agencies. It is estimated that this collaborative approach could yield between 60 and 120 new housing units (initial studies assumed a five-story wood framed structure over a podium building typology).
The goal of the new development is to create a financially sustainable, mixed-use/income community that complements Dexter Manor, provides high-quality new housing units that help address the state’s housing crisis, and contributes to the revitalization of the surrounding downtown neighborhood. The project is expected to include ground-level activation such as community services and/or amenities that are accessible to the new community and the residents at Dexter Manor.
Project Address and Assessor’s Plat Number(s):
Parcel 41
295 Pine Street
Providence, RI 02903
Lot 666, Plat 24