Developers Break Ground on New $29 Million Hammetts Wharf Project on Newport, Rhode Island’s Waterfront

October 24, 2018

Newport, RI: With a ceremonial firing of a starter cannon, developers, and dignitaries, including Governor Gina M. Raimondo and Newport Mayor Harry Winthrop, marked the construction launch of Hammetts Wharf on Newport's waterfront. The $29 million project, supported by a TIF from the Rhode Island Commerce Corporation, will include an upscale 84-room boutique hotel, a 4,000 S.F. waterfront restaurant and 3,000 S.F of retail space fronting America's Cup Avenue. The project will also create permanent public waterfront access. "The Hammetts Wharf team is delighted to be starting in Newport this week," said Colin Kane, Partner, Managing Memb...