Walker & Dunlop HUD Team Finances Over $135 Million for Six Rhode Island Properties in Six Months
BETHESDA, Md.–(BUSINESS WIRE)–Walker & Dunlop, Inc. announced today that it arranged $135,323,400 in HUD loans for six multifamily properties in Rhode Island between October 2023 and February 2024. The team worked alongside the U.S. Department of Housing and Urban Development (HUD) to complete the financing. They utilized HUD’s FHA Section 223(f) program, allowing the client to […]
Press Release: Topgolf Officially Opens in Rhode Island
[Photo Credit Topgolf] Topgolf Opens First New England Location in Cranston, Rhode Island For Immediate Release October 6, 2023 CRANSTON, RHODE ISLAND – Carpionato Group, based in and committed to Rhode Island, today celebrated the opening of New England’s first Topgolf sports and golf entertainment facility located at 120 Sockanosset Cross Road. This 68,000 square […]
Fore! Top Golf Getting Ready To Tee Off
By DANIEL J. HOLMES, CRANSTON HERALD It’s not just Cranston. Search Google for “What are they building with those giant poles?” and you’ll find confused citizens all the way from Fishers, Indiana, to Charlotte, North Carolina, asking the same question that has been puzzling passers-by in Garden City lately. In all cases, the answer is […]
Dacon, Union Studio, and Carpionato collaborate on 4,800 s/f Lifespan Urgent Care facility
Johnston, RI In collaboration with Carpionato Group and Union Studio, Dacon Corp. has completed a new 4,800 s/f Lifespan Urgent Care facility at 11 Commerce Way. As Rhode Island’s first healthcare system and a not-for-profit entity, Lifespan consists of multi-specialty practices, teaching and community hospitals offering integrated healthcare. This location will treat ages 18 months to […]
Top Golf Breaks Ground in Cranston, RI
CRANSTON, RHODE ISLAND – Carpionato Group, based in and committed to Rhode Island, today celebrated the Phase I start of site work construction that will culminate in a new multi-level 68,000 square foot Top Golf sports and golf entertainment facility located at 100 Sockanosset Cross Road.
Avon cuts ribbon on first phase of multiyear, $400 million Avon Village Center
Hartford Courant
With the new Whole Foods retail complex in Avon freshly completed, a Rhode Island developer announced Wednesday that it will press ahead on the next stages of the massive $400 million Avon Village Center it is building over the next six to eight years.
Crowne Plaza Warwick’s $25M renovation completed
WARWICK, R.I. (WJAR) — A ribbon-cutting event took place Thursday at Rhode Island’s second largest hotel and convention destination.
Crowne Plaza Warwick Completes $25 Million Renovation
Thursday, May 13, 2021 | The Carpionato Group on Thursday helped cut the ribbon along with city officials in Warwick on the completion of the $25 million in renovations at the Crowne Plaza Hotel.
Boston Globe: Life after Benny’s
Developer has leased 75% of iconic retailer’s former stores
Developer Breaks Ground on Whole Foods in Avon, Store Moving from West Hartford
The developer of a new Whole Foods Market broke ground on the project on Wednesday, officially beginning construction on the supermarket, which will anchor the proposed Avon Village Center development.
Editorial: Exciting idea for Newport
These are exciting times for Newport. In late July, the Carpionato Group unveiled plans for a stunning $100 million redevelopment of the former Newport Grand site.
Plans Unveiled for $100M Development at Newport Grand Casino Property
$100 million mixed-use redevelopment proposded at the site of the former Newport Grand Casino
What’s next for former Newport Grand site?
The Newport North End, as the project is being called, would serve as the “amenity anchor” for the innovation hub the city envisions developing in the North End.
Benny’s conversions to new retail, medical uses expected to cost $75M
The Carpionato Group has spent more than $30 million on construction and renovation in preparing the former Benny’s retail locations for new tenants, according to its chief executive, who said about half of this portfolio has been committed to new uses.
Carpionato Breaks Ground on New Healthcare Facility for Ortho Rhode Island
Ortho Rhode Island, Calspan and Carpionato Group broke ground this week on a new state-of-the art medical office and surgery center for Ortho Rhode Island at the Crossings Office Park in Warwick. The site is also the home to the worldwide headquarters of the Davol division of BD – which has a 120,000 square foot biotechnology research and development […]
Zoning change paves way for Topgolf project
By DANIEL KITTREDGE A zoning amendment needed as part of plans for the proposed Topgolf sports-entertainment complex at the former Citizens Bank corporate office site on Sockanosset Cross Road has received the City Council’s unanimous backing. The vote Monday night represented the culmination of weeks of often contentious debate over the proposed development, which was […]
$200M+ Avon Village Center project advances
By Gregory Seay A Rhode Island developer says construction could begin as early as Oct. 1 in Avon’s center on the initial phase of a long-awaited residential, office and retail complex that when fully complete will represent an investment “north of $200 million.” Carpionato Group, of Johnston, R.I., received unanimous approval July 31 from Avon’s […]
Carpionato Group is bullish on Rhode Island
By Mary MacDonald COMPELLING DEVELOPMENT: The Row at College Hill is a mixed-use development proposal by Carpionato Group to build on parcels 2, 5 and 6 on the East Side of Providence in the Interstate 195 Redevelopment District, which would include 203,000 square feet of medical and wet-lab space and incidental office space, a business […]
Developer buys Newport Grand property for $10.15 million
By Sean Flynn | Newport Daily News NEWPORT — The Carpionato Group of Johnston has purchased the Newport Grand property from Twin River, LLC, of Lincoln for $10.15 million, according to a deed filed Tuesday at the Newport’s Land Evidence Office. The purchase is for the building and 23.5-acre property only because the Newport Grand […]
Chapel View 2.0 in Pawtucket? Carpionato says that’s the plan
By ETHAN SHOREY, Valley Breeze Managing Editor PAWTUCKET – Representatives for the Carpionato Group say if the planned rebirth of the mostly vacant Narragansett Park Plaza is even close to what they’ve achieved in Cranston, Pawtucket will have an “engine” driving economic growth and new jobs. Kelly Coates, president and chief operating officer at the Carpionato Group, urged the City […]
What’s next for former Benny’s sites?
By Erica Moser Day staff writer Three former Benny’s sites in southeastern Connecticut stand vacant. Three different owners are working to fix that. When the Bromberg family announced in September it would be closing all 31 New England locations by the end of the year, longtime customers were left wondering what they would do without their […]
‘Lifestyle center’ proposed at Narragansett Park Plaza in Pawtucket
By ETHAN SHOREY, Valley Breeze Managing Editor PAWTUCKET – Owners of the Narragansett Park Plaza along Newport Avenue at the Pawtucket/East Providence line are seeking to develop 118,770 square feet of office space, 72 residential units, 240,770 square feet of retail and restaurant space, and one drive-through restaurant. Those behind the project say it would transform […]
Carpionato Group Lays Out Plans for 29 Benny’s Locations
Published: November 30, 2017, 10:46 am Updated: November 30, 2017, 7:25 pm on WPRI.com
Carpionato aims to add hundreds of jobs with Benny’s redevelopment
By Shaun Towne and Nancy Krause Published: November 30, 2017, 10:46 am Updated: November 30, 2017, 7:25 pm PROVIDENCE, R.I. (WPRI) — The Carpionato Group announced Thursday it expects to add hundreds of short- and long-term jobs as it works to redevelop 29 current and former Benny’s store locations. Kelly Coates, a senior vice president at Carpionato, said the real estate […]