Tag: Superman building
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...
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...
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,...
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