Page 4 - High Rock Development News Today

The governor of Rhode Island announced Tuesday that the owner of Providence’s Superman Building is planning to turn the vacant landmark into an apartment building with offices and shops, with help from state and city funding

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Someone (make that quite a few someones) has finally seen past the bumbling Clark Kent facade and recognized the full potential of the Superman Building.

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The McKee administration is in the midst of a constructive dialogue with the owners of the Superman Building, but the new tenants are still unclear.

The governor says he is optimistic an agreement can be reached for the art deco Industrial Trust building which has been vacant since 2013.

Empty for eight years as of this fall and slowly deteriorating, its destiny is still unsure despite recently being considered for housing.

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GoLocal has learned that the owner of the Superman Building, High Rock Development, LLC is submitting a plan to the RI Commerce Corporation to redevelop the property into 285 apartment units — of which 10% will be for low-income residents.

Governor Raimondo is leaving office, and the ‘Superman’ building is still vacant Raimondo accomplished many of her goals for rebooting Rhode Island’s economy, but the state’s tallest building will be among the most notable misses on her record. By Dan McGowan Globe Staff,Updated February 4, 2021, 3:52 p.m. Email to a Friend The "Superman" building -- the the largest commercial building in Rhode Island-- stands vacant.David L. Ryan/Globe Staff PROVIDENCE – It was one of ...