Washington Trust provides $11 million in financing to Track 15 Operating, LLC

Financing and Development - Washington Trust's Commercial Banking Group provided $11 million in financing for the construction and equipment of Track 15, an 18,000 square foot food hall in the former Union Station, Providence, R.I. [1] - Track 15 is designed to honor the station's history and features seven Rhode Island-based restaurateurs offering diverse culinary options [2][3] Community Impact - The food hall aims to create a sense of community by connecting Waterplace Park, the Riverwalk system, and the city's Financial District [3] - Track 15 is positioned as a unique investment in downtown Providence, enhancing the local dining experience [3] Company Background - Washington Trust, founded in 1800, is the oldest community bank in the U.S. and a leading financial services provider in the Northeast [4] - Marsella Development Corporation has been involved in significant redevelopment projects in Providence for over four decades, including the rehabilitation of the Union Station Complex [5]