Latest / Providence News Today | 2 Min News | The Daily News Now!
Paolino Properties Invests in Downtown Providence | Providence News
Paolino Properties just splashed $16.5 million on four downtown Providence parking garages, signaling a bold bet on revitalizing the city’s core. With Joe Paolino’s decades-long focus on downtown vitality, this move isn’t just about parking—it’s about breathing energy back into Providence’s heart. One garage, the Erector Set on Pine, is being reimagined from a three-level relic to a one-level hub with 79 spots. Managed by DownCity Parking, the deal aims to streamline operations while boosting downtown’s appeal and economic pulse. This is more than a purchase—it’s a statement of confidence in…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.