Tax Breaks for Developers - See the Special Deals
Stephen Beale, GoLocalProv News Contributor
Tax Breaks for Developers - See the Special Deals
See the special deals and millions in tax breaks developers have received from the city over the years.
Tax Breaks for Developers - See the Special Deals
130 Westminster St.
The Arcade
Current Assessed Valuation: $1,826,200
2014 Tax without TSA: $67,113
Tax with the TSA: $16,742
Difference: $50,371
Agreement Date: 12/31/12
Expiration Date: 12/31/24
95 Chestnut St.
Hacht Development
Current Assessed Valuation: $3,091,300
2014 Tax without TSA: $113,605
Tax with the TSA: $23,867
Difference: $89,738
Agreement Date: 04/15/12
Expiration Date: 12/31/24
122 Fountain St.
Sportsman Inn
Current Assessed Valuation: $1,607,800
2014 Tax without TSA: $59,087
Tax with the TSA: $9,601
Difference: $49,486
Agreement Date: 04/20/12
Expiration Date: 12/31/24
265 Oxford St.
Institute for Non-Violence
Current Assessed Valuation: $1,393, 700
2014 Tax without TSA: $51,218
Tax with the TSA: $1,000
Difference: $50,218
Agreement Date: 01/01/12
Expiration Date: 1/0/00
100 Weybosset St.
Providence G Building
Current Assessed Valuation: $2,575, 400
2014 Tax without TSA: $94,646
Tax with the TSA: $32,557
Difference: $62,089
Agreement Date: 03/20/12
Expiration Date: 7/1/24
11 Dorrance St.
The Biltmore
Current Assessed Valuation: $20,162, 400
2014 Tax without TSA: $740,968
Tax with the TSA: $124,506
Difference: $616,462
Agreement Date: 03/15/12
Expiration Date: 3/15/24
103 Dike St.
Fete
Current Assessed Valuation: $589,700
2014 Tax without TSA: $21,671
Tax with the TSA: $6,152
Difference: $15,519
Agreement Date: 01/01/12
Expiration Date: 12/31/24
145 Globe St.
Victory Square
Current Assessed Valuation: $7,234,800
2014 Tax without TSA: $265,879
Tax with the TSA: $252,750
Difference: $13,129
Agreement Date: 07/18/11
Expiration Date: 12/31/23
1 AT&T Plaza
Hasbro
Current Assessed Valuation: $25,092,400
2014 Tax without TSA: $922,146
Tax with the TSA: $57,202
Difference: $864,944
Agreement Date: 12/01/11
Expiration Date: 12/31/23
25 Eagle St.
Butcher Block Mill
Current Assessed Valuation: $590,500
2014 Tax without TSA: $21,701
Tax with the TSA: $11,431
Difference: $10,270
Agreement Date: 01/01/11
Expiration Date: 12/31/23
41 Central St.
Art Recreation Center
Current Assessed Valuation: $287,100
2014 Tax without TSA: $10,551
Tax with the TSA: $5,862
Difference: $4,689
Agreement Date: 04/16/07
Expiration Date: 12/31/24
125 Washington St.
Mercantile Block Assoc.
Current Assessed Valuation: $1,758,000
2014 Tax without TSA: $64,607
Tax with the TSA: $34,248
Difference: $30,359
Agreement Date: 11/16/09
Expiration Date: 12/31/20
200 Allens Ave.
Capstone Properties
Current Assessed Valuation: $1,753,500
2014 Tax without TSA: $64,441
Tax with the TSA: $25,110
Difference: $39,331
Agreement Date: 01/08/07
Expiration Date: 12/31/16
35 Hylestead St.
65 Pavillion LLC
Current Assessed Valuation: $675,500
2014 Tax without TSA: $24,825
Tax with the TSA: $9,752
Difference: $15,073
Agreement Date: 08/01/05
Expiration Date: 12/31/16
60 Valley St.
Armory Revival
Current Assessed Valuation: $2,797,000
2014 Tax without TSA: $102,970
Tax with the TSA: $11,730
Difference: $91,240
Agreement Date: 09/26/06
Expiration Date: 12/31/16
160 Niantic Ave.
Morvco Realty
Current Assessed Valuation: $1,305,300
2014 Tax without TSA: $47,970
Tax with the TSA: $38,550
Difference: $9,420
Agreement Date: 05/27/04
Expiration Date: 12/31/15
166 Valley St.
Rising Mills Project
Current Assessed Valuation: $16,749,900
2014 Tax without TSA: $615,559
Tax with the TSA: $80,535
Difference: $535,024
Agreement Date: 12/01/03
Expiration Date: 12/31/16
21 Gordon Ave.
South Providence Development Corp.
Current Assessed Valuation: $1,042,600
2014 Tax without TSA: $38,316
Tax with the TSA: $10,984
Difference: $27,332
Agreement Date: 01/16/04
Expiration Date: 12/31/16
5 Avenue of the Arts
Masonic Temple
Current Assessed Valuation: $45,974,100
2014 Tax without TSA: $1,689,548
Tax with the TSA: $284,219
Difference: $1,405,329
Agreement Date: 07/15/03
Expiration Date: 12/31/25
10 Memorial Blvd.
GTECH Corp. Headquarters
Current Assessed Valuation: $54,767,800
2014 Tax without TSA: $2,012,717
Tax with the TSA: $1,100,000
Difference: $912,717
Agreement Date: 07/15/03
Expiration Date: 12/31/26
65 Eddy St.
Peerless Lofts
Current Assessed Valuation: $12,843,700
2014 Tax without TSA: $472,006
Tax with the TSA: $33,407
Difference: $438,599
Agreement Date: 11/22/02
Expiration Date: 12/31/15
210 Westminster St.
Wilkinson Building
Current Assessed Valuation: $1,188,300
2014 Tax without TSA: $43,670
Tax with the TSA: $6,349
Difference: $37,321
Agreement Date: 11/08/02
Expiration Date: 12/31/15
255 Promenade St.
The Foundry
Current Assessed Valuation: $15,810,300
2014 Tax without TSA: $581,029
Tax with the TSA: $30,345
Difference: $550,684
Agreement Date: 11/22/02
Expiration Date: 12/31/15
220 Westminster St.
Harrisburg Associates
Current Assessed Valuation: $2,004,800
2014 Tax without TSA: $73,676
Tax with the TSA: $10,302
Difference: $63,374
Agreement Date: 11/08/02
Expiration Date: 12/31/15
236 Westminster St.
Cornish Associates
Current Assessed Valuation: $3,680,500
2014 Tax without TSA: $135,258
Tax with the TSA: $13,439
Difference: $121,819
Agreement Date: 12/28/01
Expiration Date: 12/31/14
77 Reservoir Ave.
Mashpaug Associates
Current Assessed Valuation: $6,953,300
2014 Tax without TSA: $255,534
Tax with the TSA: $108,829
Difference: $146,705
Agreement Date: 11/09/01
Expiration Date: 12/31/15
825 Chalkstone Avenue
CharterCARE(Roger Williams Hospital)
Current Assessed Valuation: $72,249,200
2014 Tax without TSA: $2,655,158
Tax with the TSA: $2,500,000
Difference: $155,158
Agreement Date: 07/02/14
Expiration Date: 12/31/24
