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 will include 175 rooms, a rooftop bar, and other amenities.