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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.
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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.
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Ranne P. Warner
Owner and Developer
Read Full Bio |
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Linda
Dewing
Director of Marketing
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Stephen
Nash-Webber
Construction Manager
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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."
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Merrill W.Sherman
President and CEO
Read Full Bio |
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Donald McQueen
EVP/Chief Credit and Administrative Officer
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Constance Pemmerl
Consultant to Commercial Lending Group
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Beverly Chappron
Commercial RE Administrative Officer |
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David R. Cunningham
Vice President
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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.
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James E. Doyle
Mayor
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Pawtucket City Council
Front row l to r:
Albertino Lourenco, City Sergeant
Janice M. Laporte, City Clerk
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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
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Michael Cassidy
Director of Planning and Redevelopment
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Herbert Weiss
Economic & Cultural Affairs Officer
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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
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Historic Preservation
Public Archaeological Laboratory (PAL)
210 Lonsdale Avenue
Pawtucket, RI 02860
Tel:Ê 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.
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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.
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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.
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Jewelry Mold
from Lebanon
building.
Jewelry Mold
from Lebanon
building.
Jewelry-making
Machine from
Lebanon building.
Jewelry Mold
from Lebanon
building.
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