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:
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.