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.
(Listed as part of the Saxon Worsted / United States Rubber Co.)
25 Eagle Street is comprised of several one- and two-story, rectangular, brick blocks set perpendicular to Eagle Street along the Woonasquatucket River. The southern-most block is identified through modern signage as Eastern Butcher Block/Great Woods Furniture. The building features slightly projecting brick piers between each bay and modest brick corbelling. Fenestration is comprised of rectangular openings with multi-light fixed and awning sash windows.
25 Eagle Street was constructed between 1908 and 1926 for the United States Rubber Company. The 1908 map identifies a small, rectangular building on the site owned by M.J. Houlihan.
The four-story building within ... [the 355 Valley Street] complex was originally part of the Saxon Worsted Company (1895), while other buildings within the [...] complex were originally part of the Joseph Banigan Rubber Company. The 1908 map identifies these buildings as part of the Banigan property. The property was acquired by United States Rubber Company in 1917, who in turn expanded the buildings. United States Rubber retained ownership of the property through to 1967 when it was transferred to Uniroyal.
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