Property Lease & Development - 128 Providence Street / E.D.

This RFP seeks a long‑term (90‑year) lease of the historic former St. Vincent Hospital Nurses’ Home building at 128 Providence Street, Worcester, MA. The City requires the lessee to redevelop approximately 54,000 sq ft of interior space for a taxable or tax‑equivalent use, preserve historic character, separate utilities, and meet extensive workforce‑diversity and low‑impact‑development goals. The minimum lease payment is $5,000 per year, payable in monthly installments, with a 10 % bid security. The award was made to Rogerson Communities, which will assume responsibility for all demolition, remediation, construction, and ongoing operation of the property.