Opportunity Zone

Census Tract 104, including the Veterans Memorial Parkway and Bold Point sub districts of the East Providence Waterfront Special Development District, has been designated an Opportunity Zone under the Tax Cuts and Jobs Act of 2017.  Major developable parcels owned by Chevron, the Providence & Worcester Railroad (controlled by the Genesee & Wyoming RR), and UNOCAL total 75 acres and numerous smaller parcels may be ripe for reinvestment in the Waterfront. See East Providence Economic Development for information on the local Opportunity Zone.