Paolino's Vision for Providence's Future | Providence News

Providence News Today | 2 Min News | The Daily News Now! · Jul 22, 2026 · 1m

Joe Paolino, ex-mayor and Malta ambassador turned real estate titan, is reshaping Providence’s urban landscape — from reviving the Providence Place mall with bold retail and security upgrades (even tossing around a Costco idea) to transforming Kennedy Plaza into a vibrant, family-friendly hub. He’s calling for mental health support in the plaza’s redevelopment and warns that housing shortages stem from supply, not demand — with soaring mortgage rates and lost historic tax credits making conversions tougher. Paolino’s paused his Amica building plans due to high rates, but sees potential in the…