Hecht plans Irons and Russell rehab

Posted 2/24/12

PROVIDENCE – Hecht Development of Concord, Mass., which purchased the Irons and Russell building on Chestnut Street at the end of December, is planning a historic renovation of the six-story former jewelry factory, principal Kenneth Hecht said.

Built in 1903, the building at 95 Chestnut St. is located in the Providence Jewelry Manufacturing Historic District and Hecht said he will seek federal tax credits for the project.

Startup incubator Betaspring moved into the building earlier this year and the building is now around 40 percent occupied.

Hecht, who purchased the building for $2.1 million, said he is approaching the building as a blank slate and is open to a mix of office, lab and residential use. The ground floor has been home to night clubs in the past.

The property abuts the former Interstate 195 land in an area being marketed by the city and state as the Knowledge District.

PBN Hosted

Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot by December 31st and get a holiday gift from PBN!
  • Best Places to Work
    Enrollment is now open for the 7th annual Best Places to Work program. Winners w ...
  • Manufacturing Awards
    Applications are now being accepted for the 2nd Annual Manufacturing Awards. Dea ...
Purchase Data
Book of Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  • Purchase an e-File of the entire Book of Lists database
  • Purchase a printed copy of the Book of Lists
    Latest News