Commerce board approves up to $9.5M in state support for ‘Superman’ building

THE R.I. COMMERCE CORP. board of directors approved up to $9.5 million in state support Monday for redevelopment of the "Superman" building at 111 Westminster St. in Providence. / PBN FILE PHOTO/PAMELA BHATIA

PROVIDENCE – The R.I. Commerce Corp. board of directors on Monday unanimously approved a new state financing package for the long-delayed redevelopment of the “Superman” building, aimed at helping the project secure roughly $160 million in federal financing. The board approved $5 million in First Wave Closing Fund financing and up to $4.5 million through

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber

No posts to display