PROVIDENCE, R.I. (AP) — A private developer seeking $39 million in state aid to redevelop the Superman building into apartments on Tuesday rejected comparisons to the deal that gave the now-defunct 38 Studios video game company a $75 million state-backed loan, calling his pitch to lawmakers “extremely transparent.”

David Sweetser of High Rock Development told the Senate Finance Committee his plan builds in protections for taxpayers, including a provision that would prohibit the firm from getting any money until the project is complete. High Rock would also buy a completion bond.