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“Marathon has shown themselves to be a development partner in the city that can execute and get it done…city government was amazed and impressed with their ability to finish a project ahead of schedule.”
– BRETT SMILEY, MAYOR OF PROVIDENCE, RI
PROJECT: Copley Chambers I, II & III
LOCATION: Providence, RI
YEAR: 2023-2024
Join us in celebrating extraordinary success as we mark the completion of work at Copley Chambers II and III with a ribbon cutting ceremony.
This achievement wouldn’t have been possible without the dedication and hard work of our incredible team and the collaboration of our valued partners and subcontractors.
A huge thanks to our many partners and subcontractors for their unwavering commitment to excellence throughout this journey. Your expertise and collaboration have been instrumental in reaching this significant stage of the project.
COMMUNITY ENGAGEMENT:
We are doing it the right way by talking to the neighborhood, local council person, housing officials, and community groups to get feedback and inform the community of Marathon's vision.
PROJECT HIGHLIGHTS:
Copley Chambers II
124 units delivered in 13 months
Total development costs per unit $380K
$5,600,000 investment from the RIHousing
$6,318,000 investment from the City of Providence
Over 100 RI jobs were created in conjunction with 20 RI firms
Copley Chambers III
Housing slated for South Providence community
Set asides from 30% to 80% area median income
Opening onsite Providence Community Health Centers