East Providence officials cut ribbon on East Point Development

East Providence, RI – The City of East Providence, together with Churchill & Banks and its subsidiary Noble Development, as well as the East Providence Waterfront District Commission celebrated with a ceremonial ribbon cutting on the sale of the first property at East Point Development.

“Churchill & Banks is pleased to announce that the first single-family condominium at East Point has sold,” President & CEO of Churchill & Banks, Richard Baccari II said. “It has been a pleasure working with Mayor Bob DaSilva and the East Providence Waterfront District Commission to permit and redevelop this beautiful waterfront property.

“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.”

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