The owner of the Superman Building in downtown Providence renewed his call Tuesday for a public-private partnership to revitalize the vacant skyscraper. But it remains unclear whether the state will provide $39 million in requested help.
A bill that would use $39 million in taxpayers’ money to revitalize the vacant Superman Building is slated for a Senate Finance committee hearing this Tuesday. Lawmakers have been lukewarm about using a public subsidy for the Providence skyscraper.
Supporters of turning the vacant Superman Building into apartment units say they may unveil a new financing plan as soon as next week. The General Assembly has been wary of offering a public subsidy to reuse the Superman Building in the aftermath of the collapse of video-game company 38 Studios. Supporters of the project say filling the Superman Building with tenants and other new uses would boost the economy in Providence.