A derelict former Rhode Island knife factory is being transformed into loft apartments that officials say could help revitalize a Providence neighborhood.
Democratic Gov. Gina Raimondo is scheduled to attend a Tuesday groundbreaking for the $22.5 million project to convert the former Imperial Knife Company building into a housing development. Fifty-four of the 60 units will be reserved for lower-income households.
Tax credits and government subsidies are helping to finance the redevelopment.