Business Excellence Awards
Please Join PBN to Celebrate the 2014 Business Excellence Award Winners on Novem ...
By PBN Staff
The owner of downtown Providence’s “Superman Building,” as the Industrial Trust Tower has been known for years, is looking to redevelop the now-empty building with the aid of significant government assistance, through the historic building rehabilitation tax credit as well as a property tax stabilization schedule.
All told, estimates put the value of such help at upwards of $75 million. The question is, would this kind of public investment in the property be a good one?