Apartment project at old Providence train station complex OK’d for incentives

R.I. COMMERCE CORP. is providing $450,000 in tax incentives to 36 Exchange Terrace LLL to build sixteen market-rate apartments above the Union Station Brewery.

PROVIDENCE – The owner of 36 Exchange Terrace is adding 16 market-rate apartments above the Union Station Brewery in 12,000 square feet of space formerly occupied by the offices of accountant firm Restivo Monacelli LLP. A resolution unanimously approved Monday by the R.I. Commerce Corp. board of directors will provide $450,000 in Rebuild Rhode Island

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