Providence South Street Substation Catalyst For Economic Growth
The Providence Journal spent some time with National Grid Rhode Island President Timothy Horan in March to see the progress at the South Street Substation project. Rebuilding Providence along the I-195 corridor is more than replacing older buildings and installing new infrastructure, it is a means to rebuilding neighborhoods, attracting new business and reviving important parts of downtown. In fact, in advance of the substation rebuild National Grid replaced and upgraded underground infrastructure to make it easier for new development to take place.
National Grid has invested more than $750 million in gas and electric infrastructure in Rhode Island in the past five years. The Providence South Street Substation replacement is one project that will not only result in improves reliability and growth, but will become an economic driver helping to re-shape the city. The $70 million South Street Substation project involves the relocation and re-build of the current substation on Eddy Street to an adjacent National Grid-owned site.