Have you ever heard of the Providence Arcade in Rhode Island?
It’s America’s oldest indoor shopping mall which was built in 1828.
This mall has been a national landmark since 1976 and it was re-done in the 1980′s.
I was happy to find out that they’re adding 38 micro apartments to the mall!
The mall also has micro retail spaces available.
The owner, Evan Granoff, saw an opportunity to create affordable housing for people who want it.
Rent starts at just $550 a month for the micro apartments and $1000 a month for the small retail spaces.
I think they’ll get rented out really fast, how about you? Do you think we could use more small spaces like this throughout the country? I sure do..
Video: America’s Oldest Indoor Mall Builds Micro Apartments
New York City isn’t the only place where micro studios and apartments are being considered by developers and investors. With big demand for small spaces, I predict we’ll continue seeing more tiny homes become available.
Photos and Floor Plans of the Arcade Providence Micro Apartments
Photo Credits: ArcadeProvidence.com
More floor plans, photos and information on these micro apartments are available at the developers official website at ArcadeProvidence.com.
Big thanks to one of our readers, Don Woods, for sending us the original story.
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