Tag: Superman building
PBN’s most-read stories of 2022
From developments with the potential to reshape the landscape of Providence and a steady stream of million-dollar home sales across Rhode Island, to ongoing...
DECISIONS, DECISIONS… Simmering financial issues await Mayor-elect Smiley
Brett Smiley is no stranger to Providence City Hall. In 2015 and 2016, he was chief operating officer for Mayor Jorge O. Elorza. On...
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...
City panel gives preliminary approval to contested ‘Superman’ building tax treaty
PROVIDENCE – Plans to revive the dormant “Superman” building are inching closer to reality, with a city panel giving preliminary approval to a 30-year...
‘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...
Providence committee gives preliminary approval to $10M racial reparations budget
PROVIDENCE – A panel of city lawmakers gave preliminary approval on Thursday to a $10 million spending plan aimed at closing the racial wealth...
Providence City Council to take up tax deal for ‘Superman’ redevelopment
PROVIDENCE – Plans to offer a 30-year-long property tax discount on the “Superman” building are taking shape, with an ordinance introduced at the Providence...
Economic development front and center at Providence mayoral forum
PROVIDENCE – From public safety fears to the housing crisis and the “brain drain” of college graduates leaving the capital city, nearly all the...
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...
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