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Old 07-24-2019, 04:46 PM
 
6,594 posts, read 3,526,485 times
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Carpionato Group proposes $100 million redevelopment of the Newport Grand Casino property – Newport Buzz

The plan is to tear down the sad Newport Grand Casino. In its place Carpionato Group will build a mix of hotels & apartments in addition to office, medical & retail. That this new $100m project will not have a tourist orientation is interesting. If successful, it will boost Newport with an image as more than a first rate visitor destination. It could be a game changer for the state. Worth watching.
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Old 07-24-2019, 05:18 PM
 
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How is a hotel and retail (well I suppose it depends on what kind), not tourist oriented???
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Old 07-24-2019, 05:21 PM
 
Location: Connecticut
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Great proposal. I hope it goes forward. It will make a big but positive impact on the city. Jay
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Old 07-24-2019, 05:32 PM
 
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Originally Posted by massnative71 View Post
How is a hotel and retail (well I suppose it depends on what kind), not tourist oriented???
The hotels will be aimed at business clients rather than tourists. The location is not one that would attract tourists. Not a particularly physically attractive spot - as Newport goes.
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Old 07-24-2019, 05:41 PM
 
Location: The ghetto
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Originally Posted by massnative71 View Post
How is a hotel and retail (well I suppose it depends on what kind), not tourist oriented???
It's not a tourist area. This is the old jai alai from back in the day. Close to the bridge. Also relatively close to all the housing projects on the Middletown/Newport line.
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Old 07-24-2019, 05:49 PM
 
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^True but I imagine there are many tourists on a budget, or last minute planners stuck with few choices, who will grab up any room in "Newport". Especially those who don't really know the area. If this is successful in attracting non-tourist oriented commerce, then yes I imagine it would get business travelers. But in mixed use developments like that, the "offices" are usually last to come along (if ever).
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Old 07-24-2019, 06:14 PM
 
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Originally Posted by redplum33 View Post
It's not a tourist area. This is the old jai alai from back in the day. Close to the bridge. Also relatively close to all the housing projects on the Middletown/Newport line.
While there may be navy & subsidized housing nearby, the modest single family houses in the direct area sell for upwards of $350 - $500,000. The area is considered desirable. The well kept houses sell quickly.
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Old 07-24-2019, 06:22 PM
 
Location: The ghetto
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Originally Posted by independent man View Post
While there may be navy & subsidized housing nearby, the modest single family houses in the direct area sell for upwards of $350 - $500,000. The area is considered desirable. The well kept houses sell quickly.
No, not really.
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Old 07-24-2019, 07:43 PM
 
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Originally Posted by redplum33 View Post
No, not really.
Well, I'm not going to argue with you. We don't need yet another area of the state which gets your bougie stigmatization.
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Old 07-24-2019, 10:16 PM
 
Location: Earth, a nice neighborhood in the Milky Way
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From the OP's link:
Quote:
The Carpionato Group is proposing to demolish the former Newport Grand Casino and create “Newport North End” a $100 million mixed use development to serve at the amenity anchor for the Newport Resilience Innovation District. ...


“Newport is seeking to create a national model for resilience and innovation that will attract new economy companies and the people who will work there, and this project is designed to provide the amenities and infrastructure necessary to support that vision and the people working there,” said K. MacArthur Coates, President and CEO of Carpionato Group.
I'm very pleased to learn this. Last I knew, they had planned to call it the Newport Banal Cliché District, which--let's face it--is not very innovative. But the team, which was a public-private partnership dream-team composed of stakeholders from the State of RI, the City of Newport, and the Carpionato Group, was innovative and resilient in the face of adversity. They thought outside the box and applied principles of innovation to come up with what can only be called an amazing name for the District. Or an innovative name. Yeah, let's go with that.

Is there any truth to the rumor that Raimondo's right hand man, Secretary of the RI Commerce Corporation, Stefan Pryor, provided the deep-dive brainstorming synergy to achieve this epic name? The Newport Resilience Innovation District. The very name is so innovative that the new District must be too. They must have really had to drill down to dig this one out! Talk about resilience!

And it's going to be a national model! Color me impressed!

Last edited by ormari; 07-24-2019 at 10:46 PM.. Reason: Wasn't quite innovative enough. But I was resilient and innovated!
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