kbd77 t1_jdmzjah wrote
Reply to comment by Vo_Mimbre in Providence Place Mall in Flux — Another Store Closing, New Restaurant Coming, and More Changes by L0v3_1s_War
A valid question, and I have no idea what the answer is. But that sales tax goes to the state, not the city, right? So it’s not like we directly benefit from it (unless I’m totally off-base there).
Agree about the mall pivoting to offer more “experiences” – the new Night Shift thing should be cool. Would love to see more food hall-style things, arcades, or event spaces, as opposed to a litany of redundant retailers.
Impossible-Heart-540 t1_jdqnlt9 wrote
Of course as part of the original deal: the developer got to keep 2/3rds of the sales tax collected for at least 15 years, not sure if that was allowed to sunset or not.
Vo_Mimbre t1_jdn4eo9 wrote
Great point about state tax vs city. Hadn’t thought of that. Love the idea of the Mall returning to a place to just “be” and to shop.
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