The Waterman Building located on Waterman Street on Providence’s East Side is architecturally significant as an example of the Romanesque Revival style, as well as historically significant as the first purpose-built building for the Rhode Island School of Design (RISD). The school originally opened in 1877 by Helen Adelia Rowe Metcalf, who sought to increase the accessibility of design education to women, in rented space within the Hoppin Homestead Building in Downtown Providence. As the school grew coinciding with the appreciation of the arts in the late 19th century, the school’s board and president sought to provide a permanent site for the young institution. A site was purchased across from the First Baptist Church and the local firm of Hoppin, Read and Hoppin was hired to furnish designs. The short-lived partnership of Providence-born brothers Howard and Francis L. V. Hoppin and Spencer P. Read, laid out the building with studios on the upper two stories lit by arched windows on the second floor and skylights on the top floor, with a museum and classrooms occupied on the first floor. With an intricate brick facade adorned by terracotta medallions, unique cornice, and lattice brickwork in the spandrels, the building is befitting for an arts institution.