The $220 million South Street Landing project represents a major transformation of the Jewelry District that will spur further economic growth and advance academic excellence in our capital city and across Rhode Island. The development consists of three separate projects (1 commercial, 1 residential, 1 parking garage) that will be permitted, designed and constructed on different schedules between September 2014 and June 2017.
The first project is the South Street Landing, which consists of approximately 265,000 square feet of academic and office space located in the long vacant former South Street power station on the Providence riverfront. Construction of the South Street Landing is underway and will encompass:
- 130,000 square feet state-of-the-art Rhode Island Nursing Education Center (NEC), an initiative between Rhode Island College and the University of Rhode Island’s nursing programs that will help reshape nursing education and further strengthen Rhode Island’s reputation as a hub of healthcare education excellence. The facility will be equipped with advanced teaching labs and simulation facilities to provide cutting edge nursing education.
- 136,000 square feet of space for Brown University administrative offices, freeing up space on College Hill to support academic growth.
The River House Student Housing Project (“River House”) consists of a 250-bed student housing development that will service the housing needs of graduate, medical and upper level nursing students. The Project will consist of two newly constructed 7-story buildings fronting Point Street and the Providence River. The ground floor will contain a lobby and a café/restaurant. Residential development is a cornerstone of helping to create a 24 hour live/work community that thrives economically, socially and culturally. The River House is seen as a key building block to other future residential developments in and around the Jewelry District and former I-195 land.
The third component of the development is a 744-space parking garage which will be constructed on land leased from National Grid adjacent to South Street Landing along Eddy Street. The garage will be privately owned and financed and will be built simultaneously together with the redevelopment of the former South Street power station. The parking garage will meet the parking needs of the Rhode Island Nursing Education Center, Brown University’s administrative offices, Davol Square tenants and residents of the River House Student Housing project, the third component of the South Street Landing development.