Tag: tax stabilization agreement
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...
‘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...
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