Tag: tax stabilization agreement
After soccer, Tidewater’s real test?
The soccer stadium has been open for nearly a year and a half. Now comes the test of whether the long-promised housing, retail, public...
Providence to acquire Federal Hill parcel in new approach to affordable...
PROVIDENCE – The city plans to redevelop a vacant Federal Hill parcel into affordable housing as part of a new approach to the future...
Old ProJo Building revival getting closer to reality
For more than a century, 203 Westminster St. has stood like a baroque sentinel in downtown Providence – a grand Beaux-Arts building that once...
Commerce Corp. grants tax agreement to Smithfield
PROVIDENCE – R.I. Commerce Corp.’s board of directors on Monday unanimously approved a $140,000 award over 15 years to the town of Smithfield to...
Tax stabilization agreement for Providence housing project advances
PROVIDENCE – The city finance committee approved a proposed tax stabilization agreement for the property at 136 Westminster St., which if finalized by the...
Should the state do more to support redevelopment of Providence’s ‘Superman’...
More than a year has passed since a proposed $223 million redevelopment of Providence’s tallest building was announced and the project remains in limbo.
Gov....
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...
Proposed Hotel Hive agreement would increase tax savings to developer by...
PROVIDENCE – Ditching a boutique hotel for apartments within a downtown development plan is expected to make the property worth more once the project...
Construction delayed for $290M Amazon warehouse in Johnston
JOHNSTON – The construction of a six-story, 3.8 million-square-foot fulfillment center in the town is being delayed by supply chain problems, according to Mayor...
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...
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