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Commercial Overview

Once the site of high-churning spindles that created the nation’s largest supply of worsted wool, the spirit of high productivity remains at Rising Sun Mills.


Today’s construction, however, ushers in a new era of entrepreneurial spirit, with highly-efficient, smartly-designed office space that is fast making Rising Sun Mills the most sought after location for business. With a host of convenient campus amenities, the 313,000 square foot complex brings to Providence today’s most competitive setting to cultivate and retain a quality work force.

 

And, most important, the property is easily accessible. Rising Sun Mills is located on Valley Street, a major City artery providing easy access to downtown Providence, I-95, I-195, Route 6 and Route 10.

 

Rising Sun Mills is the most recent realization of revitalization along the City's Promenade District. One of the areas targeted by the City's ambitious "Three Cities" plan, the Promenade District is on the verge of a renaissance of its own. Simply put, things are happening in the Promenade District. Take a look at the facts.

 

The Promenade District is defined by:

  • 175 acres of new development from Providence Place Mall to Olneyville Sqaure
  • 80 acres of new green space along the Woonasquatucker River
  • 73-acre riverfront park at Pleasant Valley Parkway
  • Two new business parks near Olneyville Square
  • 2.2 million sq. ft. of office space
  • 400,000 sq. ft of retail space
  • More than 600 residential units
  • 10,000 new jobs are expected
  • Significant economic impact with $20 million in new taxes
  • 2,000 new residents