The Newport skyline will undergo some major changes in the coming years.
Mayor Steven Fulop and executives from developer Strategic Capital recently broke ground on Newport’s newest luxury project — Park and Shore.
Park and Shore will consist of two buildings: 75 Park Lane and Shore House.
75 Park Lane will stand 37 stories tall and house 358 residences ranging from studios to three-bedrooms. One-bedroom units will start at $650,000.
Across the street will rise Shore House, which developers describe as Tribeca meets Brooklyn. The Shore House will be significantly smaller with just 71 one-and two-bedroom units. Prices at the Shore House will also start at $650,000.
Both developments will be designed by Woods Bagot, the interior design firm behind New York’s upscale Baccarat Hotel & Residences. They’ll also feature top-of-the-line amenities like an Olympic-size lap pool, spa, fitness center, children’s play area, game rooms, golf simulators, co-working areas, and even a private wine-tasting lounge with dining room.
Sales for Park and Shore are expected to begin in early 2017.
(Renderings: Strategic Capital)