In 2008, AS220 purchased our third downtown building: the Mercantile Block, located on Washington Street and directly abutting the Dreyfus. This 4 story building with basement totals 50,000 square feet and presents a tremendous opportunity to provide still more spaces for artists to live, work and create in Providence, reinforcing our reputation as the "Creative Capital".
In the last decade of the 19th century, city records tell us that the site now occupied by the Mercantile contained a laundry and then a scale repair shop on the Washington Street side. And on the Martha Street side was a good sized livery where horses and carriages could be boarded or hired. The Mercantile of today dates back to 1901 and is actually several buildings that were joined over time. In recent years the building was owned by the Cohen family and known as the home of Cogens Printing.
The newly restored Mercantile contains the following components:
The Residential entry is on Washington Street. The lobby contains a passenger elevator, bicycle storage area and a mailbox alcove.
Rents for 16 out of the 22 studios are affordable and a resident's income may not exceed a specified maximum. The remaining 6 studios are unrestricted, both in rent and income.
Second, Third and Fourth floor rents include internet access, gas (for heat and hot water), and water and sewer charges.
Each tenant will receive their own electricity bill that includes the energy costs associated with distributing heat or cool air.
**Rehearsal Spaces: **On the lower level of the Mercantile, we are fitting out 3 spaces, to be used as rehearsal studios for musicians. Spaces are between 250-430sf and it is expected that these will be rented by a number of bands.
AS220's adaptive re-use of the historic Mercantile Block provides for a vibrant mix of live and work studios, arts related offices and one-of-a kind, local retail and commercial spaces. Especially noteworthy is the effort to revitalize Martha Street. Original building openings have been uncovered and restored, creating a beautiful and highly functional set of entrances, replete with glass sidelights, transoms and storefronts. Once regarded as a "back alley", Martha Street is being transformed into a vibrant pedestrian way, greatly animating the neighborhood and enhancing safety.