Former Providence Mayor Paolino LIVE at Case Mead Lofts Prior to Official Opening
Former Providence Mayor Paolino LIVE at Case Mead Lofts Prior to Official Opening
Paolino told GoLocal News Editor Kate Nagle that the building, composted of studio and one-bedroom micro-lofts, is close to approaching 65% occupancy.
Constructed in 1859, the Case-Mead Building at 76 Dorrance Street was purchased by Joseph R. Paolino in March of 1968 for $260,000.
“This building meant a great deal to my father,” said Paolino, Jr. “I wanted our company to be able to carry on his legacy and to bring new life to a property that holds so many memories for our family. With the Case-Mead Lofts, you’re going to see more people living in the heart of downtown, dining out at local restaurants, and bringing energy to the city. That’s a dream come true.”
Paolino Properties is a fourth-generation family-owned and operated real estate investment, development, and management company. As one of the largest family-owned commercial real estate companies in the state of Rhode Island, Paolino Properties manages more than forty properties at a total of nearly three million square feet.