Article by T. Chiao, R. Terp

RI Mill Building Revitalization Program

The Rhode Island Economic Development Corporation developed the Mill Building Revitalization Act, that certifies buildings in participating cities (Bristol, Burrillville, North Providence, North Smithfield, Pawtucket, Providence, Warren, West Warwick and Woonsocket) for development incentives. Owners of these properties, businesses located on these properties, and lenders who make loans to these businesses, all receive tax advantages for developing the properties. The number of buildings eligible in each city is determined by population size. Providence currently has six eligible buildings.

A. T. Wall Company - 162 Clifford Street
Brown & Sharp Foundry, Building 4 - 235 Promenade Street
Loutitt Dry Cleaners - 93 Cranston Street
Phoenix Iron Foundry Machine Shop - 115 Elm Street
Rau Fasterer Co. & Cook Dunbar Smith Co. - 102 Westfield Street
Silver Spring Bleaching & Dying Co.- 387 Charles Street

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