Active Tai-O Group kicks off its next residential project

Active Tai-O Group kicks off its next residential project

CENTRAL FALLS - Representatives from the Tai-O Group, a local developer with an ever-growing list of properties in the area of Roosevelt Avenue in Pawtucket and Central Falls, welcomed guests for the start of its latest project Monday.

Numerous state and local officials attended the groundbreaking ceremony celebrating planned construction of 90 new residential units at 521 Roosevelt Ave. in Central Falls. They'll be added to nearly 100 units already occupied at the "M Residential" complex.

This is the final stage in phase two of the ownership group's plan for a full city block of residential mill rehabilitation projects. The new units are expected to be completed by next summer, according to Jevon Chan, a partner in the Tai-O Group.

The Tai-O Group is also responsible for the development of the former Carol Cable Mill at 249 Roosevelt Ave. in Pawtucket, which holds a number of tenants including the Rhode Island Department of Human Services and the Gloria Gemma Breast Cancer Resource Foundation, among other projects.

Last month The Breeze reported details of the group's bid to build a hotel and commercial building on the city's riverfront property at 45 Division St. The paper reported on March 26 that the developers were also interested in buying two other nearby buildings, The Times and Feldman Furniture properties in the city's downtown.

The expansion of 90 one-bedroom and two-bedroom residential units "diversifies the housing options in the city by offering a unique living style," according to a news release from Central Falls Mayor James Diossa's office.

"New residents will bring life back to the streets of Central Falls and increase business on Main Street restaurants and small businesses located throughout the city," it states. "The M Residential Redevelopment Project also provides opportunity for residents to take advantage of the riverfront of the Blackstone River."

Monday's event was hosted by the city of Central Falls, M Residential, and Diossa.