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PCIS to redevelop Eastern Butcher Block building


Image from Google StreetView

Providence Business News reports that the Partnership for Creative Industrial Space is in the process of renovating the Eastern Butcher Block building in Eagle Square.

Rachel Rafaelian bought the building, located across from the Monohasset Mill, in July for $530,000. Rafaelian is working with Eric Bright of PCIS to renovate the building for artist space. The pair plan to spend $600,000 on the project.

Rafaelian and Bright plan to create 25 spaces and rent them to artists at $5 to $6 a square foot, plus utilities. Plans also call for wood-making and glass blowing shops that people can rent by the hour or the day. And, if financing permits, they want to install a commercial-grade kitchen that beginning caterers and culinary students can use.

In the future, artist live/work space could be added to the project, the pair tell PBN they will need bank financing and a return of the state historic tax credit to make that happen.

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