WHAT'S NEXT FOR THE SUPERMAN BUILDING?

The two sides in a $54 million dollar lawsuit over the SUPERMAN building's deteriorated conditions reached a settlement on the eve of the case going to trial. Reps for current owner High Rock and the building's last tenant, Bank of America, said the settlement results were confidential. So, now what for the building that's been vacant for almost four years? Your guess is as good as anybody's including Governor Gina Raimondo. High Rock has asked taxpayers for subsidies over the years to help redevelop the 89 year old 26 story skyscraper so why can't we be privy to the amount of the settlement? That's just one of many questions to be answered. Governor Raimondo says she remains hopeful a couple of anchor commercial tenants can be found to get the ball rolling on what would most likely be mix use of the building. But there are major hurdles including the age of the building, its condition after not being maintained and small floor plans in an age when everyone wants wide open spaces. Has the time come to say goodbye to the building that's been the signature of the downtown Providence skyline?  Nobody's really saying but I've got to think razing it has flashed through people's minds. 


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