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Mixed-use development proposed at former Newport casino site

July 23, 2019

NEWPORT, R.I. (AP) — A developer wants to demolish the former Newport Grand slots parlor and build hotels, apartment buildings, offices and retail space.

The Rhode Island-based Carpionato Group said Tuesday it wants to create “Newport North End,” a $100 million mixed-use development project at the site.

The project would include two six-story hotels, two six-story apartment buildings, offices and medical, retail and restaurant space.

The project needs approvals from the city and state.

The slots parlor closed nearly a year ago, when the Twin River Management Group relocated its gambling operations in the area to the new Tiverton Casino Hotel.

City officials said then they expected to lose roughly $800,000 in annual property taxes and casino revenues.

The Carpionato Group says its project would generate $1.5 million in tax revenue for Newport.

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