RI News
2:34 pm
Wed July 10, 2013

Only the Beacon Will Glow Atop Providence’s Superman Building

Starting this week, only the beacon atop the so called Superman building will be lit. Most of the other exterior lights will be dark, said Bill Fischer, spokesman for the building’s owner.

Bank of America was the only tenant and it left the building earlier this year. Fischer said keeping the beacon lit is sign that work is being done to bring the building back to life.

“You know, to maintain outside lighting on an empty building of approximately anywhere between $26,000 to $30,000 a year, is not a prudent expenditure of money,” said Fischer.

The building was designed for only one tenant. And to renovate it for modern use, Fischer said the project will need state and federal support. He compares the project to the Renaissance Hotel, which he says received $31 million in federal and state tax credits.   

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