PROVIDENCE – A $20 million renovation of the Studley Building was completed in downtown Providence, which was marked recently by a ribbon-cutting, as the owner of the historic former office building welcomes its first residential tenants.
“Converting commercial space into residential units is a smart and thoughtful investment that will contribute to the vitality of downtown Providence,” said Joseph R. Paolino Jr., managing partner of Paolino Properties LP, which owns the building. “A thriving downtown relies on a diverse community of residents, workers, diners and visitors, and we are honored that The Studley will play a vibrant role in shaping the fabric of this flourishing urban landscape.”
