Wednesday, May 25, 2022

TOPICS

Home Tags Superman building

Tag: Superman building

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...

R.I. Commerce committee recommends $20.7M of state funds for ‘Superman’ building

PROVIDENCE – Two parts of the state financing package needed for the proposed redevelopment of the Industrial Trust Co. building were recommended for approval...
LASTING MARK? Providence Mayor Jorge O. Elorza, who cannot run in November for another term, is hopeful a renovated Industrial Trust Co. Building will add to the vibrancy of Kennedy Plaza, which the city is eying for a $140 million overhaul. / PBN PHOTO/PAMELA BHATIA

TO THE RESCUE? ‘Superman’ building project could key downtown recovery

The Industrial Trust Co. Building holds a towering place in Neil D. Steinberg’s memory. He started his banking career there nearly half a century ago,...
MAYOR JORGE O. Elorza on Tuesday unveiled a $567 million fiscal 2023 budget proposal with major cuts to city tax rates to offset higher property values. / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS

Elorza proposes tax cuts to offset higher property values as part...

PROVIDENCE – As property values soar under a recent city revaluation, Mayor Jorge O. Elorza wants to slash tax rates for the fiscal year...
A PROPOSED tax stabilization agreement between the city of Providence and the owners of the Industrial Trust Co. Building has already stirred a lot of debate before the details have been hammered out. / PBN FILE PHOTO/CHRIS BERGENHEIM

‘Superman’ building will test city’s new tax stabilization policies

Reforms to the policies governing tax deals that Providence offers to real estate developers will be put to the test on the city's most...
KAREN A. SANTILLI, CEO and president of Crossroads Rhode Island, is excited about the $500,000 pledge that High Rock Development LLC promised to the nonprofit as part of the 'Superman' building renovation project. But, she hopes the developers will honor that pledge. PBN FILE PHOTO/MICHAEL SALERNO

Santilli: Crossroads surprised by $500K ‘Superman’ building pledge

PROVIDENCE – The top executive for Crossroads Rhode Island was surprised but nonetheless happy to hear that the local nonprofit would get $500,000 if...
NEW LIFE? After sitting vacant for nine years, Providence’s “Superman” building would be revived for residential and other uses under a $220 million plan that still needs some city ­approvals. / PBN FILE PHOTO/CHRIS BERGENHEIM

Do you support the $220 million, mixed-use ‘Superman’ building renovation plan?

After six months of negotiations, state leaders on April 12 unveiled a $220 million plan to turn Providence’s iconic “Superman” building into apartments, office,...
NEW LIFE? After sitting vacant for nine years, Providence’s “Superman” building would be revived for residential and other uses under a $220 million plan that still needs some city ­approvals. / PBN FILE PHOTO/CHRIS BERGENHEIM

Saving ‘Superman’ part of bold post-COVID vision

It was a scene reminiscent of a 2003 gathering in the governor’s office that was then occupied by Republican Donald L. Carcieri. At that...
THE INDUSTRIAL TRUST CO. BUILDING will be transformed into apartments with the help of a state financing deal reach with the owner. The deal was announced by Gov. Daniel J. McKee on Tuesday, April 12, 2022. The 111 Westminster St. building is owned by High Rock Development LLC, which bought the property for $33.2 million in 2008. / COURTESY FLICKR

$220M renovation plan unveiled for ‘Superman’ building

PROVIDENCE – The Industrial Trust Co. Building, the tallest property in Providence which has remained empty for nine years despite numerous efforts by public...

Five Questions With: Rachel C. Robinson

The Providence Preservation Society recently released its 2022 Most Endangered Properties list in an effort to shine a light on the city’s places of...

Stay up to date with PBN's Morning Call & Daily Edition newsletters.

- Featured Event -

Latest News

SPRING SALE

CLOSE

50% off for one day only

Hurry, this offer ends in:

00
Months
00
Days
00
Hours
00
Minutes
00
Seconds

Sign-up to get the

PBN Daily Edition

A collection of all the published news of the last 24 hours, as well as selected features from PBN’s weekly print edition.

By submitting the form you agree to PBN's Privacy Policy and Terms of Use.

Exit Intent

PBN is becoming a habit.
You've exceeded our free article limit for the month. Keep reading this article with a subscription to PBN.

Keep reading this subscriber-only article

with a subscription to PBN.

ALREADY A SUBSCRIBER? LOG IN

Register to keep reading or subscribe today to get unlimited access now.

ALREADY A SUBSCRIBER? LOG IN

ANNUAL SALE

CLOSE

70% off for one day only

Hurry, this offer ends in:

00
Months
00
Days
00
Hours
00
Minutes
00
Seconds

Register to read all articles free - This week only!

CLOSE

One week only, get full access to all articles on PBN.com when you create a complimentary account.

One week only, get full access to all articles on PBN.com when you create a complimentary account.

 

Register today >>