ProJo: R.I. Real Estate Notes: Pawtucket celebrates beginning of $42-million renovation of Prospect Heights Apartments
Gov. Gina Raimondo was among the officials at Wednesday's groundbreaking ceremony for the $42-million renovation of the Prospect Heights Apartments at 560 Prospect St. in Pawtucket.
The complex was built by the Pawtucket Housing Authority between 1941 and 1942.
WinnCompanies, a multifamily property developer and manager, and Omni Development Corp., the largest minority not-for-profit housing developer in Rhode Island, officially kicked off the project to modernize the historic New Deal-era public housing community.
Pawtucket Mayor Donald R. Grebien, Pawtucket Housing Authority Executive Director Stephen Vadnais and Barbara Fields, executive director of Rhode Island Housing, were also on hand for the ceremony. The renovation will include 292 apartments spread across 35 existing two-story buildings. In addition, 20 new units of housing will be built at the 21-acre site.
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