Development Design
Legal Construction

"Riverfront Lofts is so
much more than beautiful housing.
It is a choice to be part
of a community focused on the arts,
and part of the resurgence
of a city that was
once splendid-Pawtucket.."

Linda Dewing
Director of Marketing
Blackstone Exchange LLC, the developer of Riverfront Lofts, has assembled a small team of marketing and construction professionals who have worked in collaboration with the City of Pawtucket, Bank Rhode Island, and professional consultants who handled the promotion, public relations, historic preservation designation, environmental assessment and survey tasks required to complete this project and make it successful.

Developer

Blackstone Exchange, LLC
Ten Exchange Court
Pawtucket, RI 02860
Tel: 401 727-4700
Contact

Blackstone Exchange, LLC is a Rhode Island development firm formed in 2001 by Boston-area developer, Ranne P. Warner, to renovate the former J and K Sales Mill in downtown Pawtucket, RI. The firm specializes in the adaptive re-use of historic buildings. Its Riverfront Lofts project represents the largest private real estate investment in Pawtucket in two decades and is serving as the catalyst for the revitalization of the city's downtown core.
Ranne P. Warner
Owner and Developer
Read Full Bio
Linda
Dewing

Director of Marketing
Stephen Nash-Webber
Construction Manager



Construction Financing

Bank Rhode Island
One Turks Head Place
Providence, RI 02903
Tel: 401 456-5000
www.bankri.com

Bank Rhode Island (BRI) is the lead bank providing $11 million in construction financing for Riverfront Lofts. Other loan participants include JPMorgan/Chase Manhattan Bank and Bank of Newport.

Created in l996, Bank Rhode Island is the second largest de novo bank in American banking history. Current total assets now exceed $1 billion. BRI is recognized for its support of the creative economy and actively invests in Rhode Island-based revitalization projects and arts organizations.

"We are committed to urban renewal and revitalization in Rhode Island," says Merrill W. Sherman, President and CEO of Bank Rhode Island. "There is an art to bank lending to ensure all the right pieces are in place. Riverfront Lofts has all those pieces a sound development plan, local government support, and Ranne Warner's real estate expertise."
Merrill W.Sherman
President and CEO
Read Full Bio
Donald McQueen
EVP/Chief Credit and Administrative Officer
Constance Pemmerl
Consultant to Commercial Lending Group
Beverly Chappron
Commercial RE Administrative Officer
David R. Cunningham
Vice President

City of Pawtucket

City Hall
137 Roosevelt Avenue
Pawtucket, RI 02860
401 728-0500
www.pawtucketri.com

In the 1790's a group of RI businessmen built the Slater Mill, and Pawtucket became the birthplace of the American industrial revolution. The City enjoyed a long, prosperous manufacturing history until the second half of the 20th century.

Faced with vast numbers of empty mills, Mayor James E. Doyle, with the assistance of the City Council and the Planning and Redevelopment Agency, developed a vision and a revitalization plan for Downtown Pawtucket. In 1999 an Arts and Entertainment District was established to provide tax advantages to qualifying local artists. In the last 5 years, 850,000 sq. ft. of underused or vacant mill buildings have been renovated and are being used by hundreds of artists. Directly across the street from Riverfront Lofts, the historically significant Pawtucket Armory is being transformed into a performing arts center. In the fall of 2003, the critically-acclaimed GAMM Theatre opened in the Armory annex.

Mayor Doyle and the City of Pawtucket have been recognized for these achievements by many organizations including the RI Historical Preservation & Heritage Commission, which selected the city for the John H. Chaffee Public Service Award and the Arts & Business Council of Rhode Island which presented Mayor Doyle the 2004 Arts Advocate Award.

The leadership and support of the City of Pawtucket and its Planning and Redevelopment Agency has been a critical to the success of Riverfront Lofts.
James E. Doyle
Mayor
Pawtucket City Council
Front row l to r:
Albertino Lourenco, City Sergeant
Janice M. Laporte, City Clerk
Second row l to r:
David P. Moran, District 1
Paul J. Wildenhain, District 2
Raymond T. Hoyas, Jr., District 3
Thomas E. Hodge, At-Large
John J. Barry III, Council President
Robert E. Carr, At-Large
Donald R. Grebien, At-Large
Mary E. Bray, District 5
David Clemente, District 6
Michael Cassidy
Director of Planning and Redevelopment
Herbert Weiss
Economic & Cultural Affairs Officer

Marketing

Public Relations
Freeman Wall Aiello Public Relations
501 South Cherry Street Suite 550
Denver, Colorado 80246
Tel: 303 232-3870
www.fwapr.com
Gerald Freeman, co-chair
Sharon Kent Freeman, co-chair
Elizabeth Baugher, Account Manager

Web Development & Design
Popkitchen
112 Union Street
Providence, RI 02903
401 274-8810
Richard Rose, Creative Director

Marketing and Collateral Materials Design
Traher Design
15 Depot Square, #1
Lexington, MA 02420
Tel: 781 862-9995
Elissa Traher, Owner

Construction Progress Photo Documentation
Stephanie Izzo Photography
P.O. Box 22614
Brooklyn, NY 11202-2614
Tel: 401 743-2350
stephanieizzo.com
Stephanie Izzo, Owner


Historic Preservation

Public Archaeological Laboratory (PAL)
210 Lonsdale Avenue
Pawtucket, RI 02860
Tel: 401 728-8780
Virginia Adams, Senior Project Manager
Matthew Kierstead, Historian

PAL prepared the National Register nomination for the Exchange Street Historic District which includes Riverfront Lofts.


Environmental Assessment

Alliance Environmental Group
100 Jefferson Blvd., Suite 220
Warwick, RI 02888
Tel: 401-732-7600
Richard Hittinger, Principal
Michael Geisser, Principal

Alliance Environmental Group completed the environmental assessment studies for Riverfront Lofts and worked with Rhode Island Department of Environmental Management to complete all site remediation work and certifications.


Land Surveyor

Scituate Surveys, Inc.
410 Tiogue Avenue
Coventry, RI 02816
Tel: 401 821-8101
John Mensinger, Principal-in-charge

Scituate Surveys has prepared all site surveys for Riverfront Lofts property and the garage.




Jewelry Mold
from Lebanon
building.



Jewelry Mold
from Lebanon
building.


Jewelry-making
Machine from
Lebanon building.


Jewelry Mold
from Lebanon
building.

RIVERFRONT LOFTS  TEN EXCHANGE COURT  PAWTUCKET, RHODE ISLAND 02860  401.727.4700