Aloft Providence
ASSET CLASS / LOCATION
Hotel Development Project in Providence, RI
ACQUISITION DATE
December 2019
TOTAL LAND AREA
0.76 acres (0.31 hectares)
TOTAL RENTABLE AREA
107,762 Square feet (10,015 square meters)
Aloft Providence is a hotel development project of a seven-story building located within the I-95 Redevelopment District in Providence, Rhode Island and bordered by Clifford, Dorrance, and Dyer Streets. Aloft Providence has been approved by state and local authorities and it lies within an Opportunity Zone. The hotel started operations in December 2021 and includes 175 rooms, a rooftop bar, and other amenities.