Formerly the home to Washburn Wire and Ocean State Steel Company, the large parcel of waterfront property had sat vacant since the steel mill closed in 1994. Although an environmental remediation of the land was attempted throughout the aughts, a legal dispute in 2009 resulted in the property falling into receivership for roughly the next decade.

“This $150 million development will create nearly 400 residential units in a wide range of housing types and price points, Baccari added. “The adaptive reuse of abandoned industrial properties along the East Providence waterfront is creating new residential communities, increasing the state housing stock and having a positive economic impact on the state and city finances.”

Kettle Point is nearing completion with 50 of 62 condominiums complete, and the final 12 under construction. These condos range from 2,000-3,300 s/f, all having two-car garages.