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Leaders needed to help revive ‘Superman’

Give Providence Mayor Brett P. Smiley credit for trying to do something to jump-start the again-stalled redevelopment of the long-vacant Industrial Trust Co. Building. The...
RISING CONSTRUCTION COSTS and higher interest rates have affected the work to transform the Industrial Trust Co. Building in Providence into nearly 300 apartments. Mayor Brett P. Smiley has proposed a change to the tax incentives plan to give the building owner High Rock Westminster LLC help in closing the financial gap. PBN PHOTO/WILLIAM HAMILTON

Smiley has proposal to help ‘Superman Building’ overhaul get past money...

More than a year after interior demolition and asbestos removal started at the Industrial Trust Co. Building in downtown Providence, the future of the...
THE WARMUP: A legislative study commission on climate change meets in December at the Statehouse, weeks before the full General Assembly convenes to start the 2025 legislative session. Testifying are Thomas Guthlein, left, R.I. Emergency Management Agency associate director; and Melinda Hopkins, the agency’s planning branch chief. 
PBN PHOTO/MICHAEL SALERNO

FALLING SHORT: Projected $330M deficit has General Assembly prepping for belt-tightening

For Rhode Island legislators, what’s old is new again. After three years of surpluses, state budget officials are now projecting that the government is facing...

Should the state contribute additional funding to help support the redevelopment...

R.I. Secretary of Housing Stefan Pryor recently acknowledged the $220 million conversion of Providence’s “Superman” building at 111 Westminster St. may require additional funding...

R.I. housing secretary: ‘Superman’ building may need additional funding

PROVIDENCE – R.I. Secretary of Housing Stefan Pryor on Monday confirmed the $220 million conversion of the “Superman” building at 111 Westminster St., also...

‘Superman’ building renovation to begin this month

PROVIDENCE – The development team behind the conversion of the "Superman" building at 111 Westminster St. announced the first phase of the project will...
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

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

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...

City Council approves $29M tax treaty for ‘Superman’ redevelopment project

PROVIDENCE – The pieces of a complex funding puzzle for the “Superman” building redevelopment are falling into place, with the City Council giving the...
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