Superman Building Costs Skyrocket | Providence News

Providence News Today | 2 Min News | The Daily News Now! · Aug 21, 2026 · 2m

Providence’s once-iconic Superman Building is facing a major funding crunch as developers seek more taxpayer cash to turn the vacant skyscraper into luxury apartments and commercial space — costs have ballooned 50% to $325 million since their last proposal. After failing to deliver on a previous $220 million plan backed by state, city, and federal funds, they’re now eyeing a massive $160 million DOT loan and a potential state sales tax rebate to lure private investment. But with High Rock Westminster LLC still technically unregistered in Rhode Island — a recurring issue — the state Commerce…