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‘Superman’ building deal would cut $29M from tax bill

PROVIDENCE – Developers planning to redevelop the city’s tallest skyscraper could save $29 million in property taxes over the next 30 years. The proposed tax...
THE PROVIDENCE REDEVELOPMENT AGENCY voted unanimously on May 16 to authorize the agency to provide "Superman" building owner High Rock Development LLC with a $10 million loan as part of the proposed $223.1 million renovation of the building at 111 Westminster St. into 285 apartments. / PBN FILE PHOTO/
PAMELA BHATIA

Providence Redevelopment Agency approves $10M loan for ‘Superman’ building

PROVIDENCE – Another $10 million in financing was secured as part of the proposed redevelopment of the former Industrial Trust Co. headquarters, the 26-story...

It will take investment to save ‘Superman’ tower

Designation by the National Trust for Historic Preservation of Providence’s iconic art deco Industrial Trust Co. building as one of America’s most-endangered historic places...
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