Watreplace is now offering Leasing and Homeowner opportunities The Waterplace Park towers — which contain 193 units — were the first and the biggest of three condo developments in downtown Providence when the developer broke ground in May 2005.Located in the heart of Providence on Waterplace Park where the Woonasquatucket and Providence rivers converge, Waterplace Luxury Condominiums offers residents downtown city living with the outdoor luxuries of the suburbs. The project consists of 193 units which range in size and style from 1 bedroom flats to townhouses and Penthouses. They also include underground garage parking, concierge services, fitness facility and a 14th floor Terrace and event room.