Providence mall owners make case for new 20-year tax discount

Updated at 7:45 p.m. on Nov. 10

REPRESENTATIVES from the company that owns the Providence Place mall advocated for a new, 20-year tax treaty with the city during a public hearing on Thursday, but local residents and officials expressed concern. / PBN FILE PHOTO/MICHAEL SALERNO
REPRESENTATIVES from the company that owns the Providence Place mall advocated for a new, 20-year tax treaty with the city during a public hearing on Thursday, but local residents and officials expressed concern. / PBN FILE PHOTO/MICHAEL SALERNO
PROVIDENCE – The owners of the Providence Place mall made their case Thursday for another 20-year discount on city taxes. But the arguments did not appear to sway residents and officials who countered with a litany of concerns during the public hearing before the City Committee on Finance. The city already gives the mall owner…

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2 COMMENTS

  1. The fact that one of the attendees asked why Garden City Center is thriving and Providence Place struggles is one further demonstration of the lack of any big picture thinking or understanding/differentiation of the complex retail scene with its many parts especially mall structures. Every one is entitled to having opinion, but one should speak when they are well versed on a subject. You don’t have to be an expert, but it helps if make an effort to learn about an industry, because otherwise you convey you deal in sound bites and emotions rather being more fact based.