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Boston & New England  + New England  + Apartments  |  August 24, 2026
Paul Bubny
By: Paul Bubny

Pennrose Cuts Ribbon on Second Phase of Providence Mixed-Income Rentals

Pennrose, the 195 District, the City of Providence, Rhode Island Gov. Dan McKee, Mayor Brett Smiley, and project partners held the grand opening of Tandem, the second and final phase of the transformation of a 195 District parcel into a 127-unit mixed-use, mixed-income community. Tandem joins Tempo, which opened in April 2025, to complete the redevelopment of Parcel 9 with mixed-income housing, 1,100 square feet of ground floor retail, an affordable childcare facility and a public plaza.

Tandem delivers 61 mixed-income, workforce, and market-rate rental homes. The building also includes eight one-bedroom-plus-den units, offering larger, more flexible layouts, along with one-bedroom and two-bedroom units with townhouse-style entrances off Bessie Way.

“With Tandem now open, we’ve delivered on the full vision for Parcel 9,” said Karmen Cheung, regional VP at Pennrose. “This milestone reflects years of collaboration with incredible partners, including the195 District, the City of Providence, and RIHousing, whose shared commitment made this transformation possible.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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