2 high-profile projects sidestep new rules for tax deals in Providence

Nancy Lavin

11/04/2022

THE "SUPERMAN" BUILDING, at left, is one of two high-profile downtown Providence projects that are inking a tax stabilization agreement with city officials. / PBN FILE PHOTO/PAMELA BHATIA

After strengthening wage protections and increasing minority-business participation requirements for developers looking to get tax deals with the city, the Providence City Council appears to be letting the companies behind two high-profile downtown developments skirt the new rules. The tax treaties for the “Superman” building and Hive Life projects – which will save millions of…

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