Subsidy Tracker Individual Entry
Company:
Providence Place Group
Parent Company:
Brookfield Asset Management
Subsidy Source:
multiple
Location:
Rhode Island
City:
Providence
Project Description:
downtown shopping mall
Year:
1996
Major Industry of Parent:
diversified
Specific Industry of Parent:
diversified
Subsidy Value:
$140,000,000
Program Name:
property tax abatement
Awarding Agency:
multiple
Type of Subsidy:
MEGADEAL 
Capital Investment:
$359,000,000
Source of Data:
The subsidy value and investment projection came from: Gregory Smith, "Providence council Oks tax break for mall," Providence Journal, October 18, 1996.
Notes:
In addition to the 30-year property tax abatement provided by the city, the state provided other subsidies, the value of which was not reported. Overlaps with main Subsidy Tracker data: none.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
