PROVIDENCE – A two-story historical building in an industrial area of Federal Hill could be converted with a new five-story addition to a 40-unit apartment building.
The proposal involves 210 West Exchange St., a brick building owned for the past five years by West X Capital LLC. The company purchased the property, built in 1900, for $868,000 in December 2013.
Derek Mesolella is the managing member, according to state records.
The proposal involves a renovation of the existing two-story building, with a build-out for offices and a restaurant, according to the architectural plans. The new addition would involve five floors with eight apartments each.
The apartments would be in a 1-bedroom format, many with offices, in sizes ranging from 612 square feet to 964 square feet, according to the plan filed by Providence-based ZDS Architectural Design.
The building also would have a fitness center and bike storage areas, as well as a parking garage that employs car lifts, for a capacity of 42 vehicles.
The Providence Historic District Commission gave the project conception approval on March 25. It will now head to the Providence Plan Commission on April 23, where it will be reviewed as a major land development, according to planner Jason Martin.
Mary MacDonald is a staff writer for the PBN. Contact her at macdonald@pbn.com.
