Newport Grand site sold to Carpionato Group for $10.2M

Updated at 2:30 p.m.

THE NEWPORT GRAND CASINO site has been sold to the Carpionato Group of Cranston. / PBN FILE PHOTO/KATE WHITNEY LUCEY
THE NEWPORT GRAND CASINO site has been sold to the Carpionato Group of Cranston. / PBN FILE PHOTO/KATE WHITNEY LUCEY
NEWPORT – The Carpionato Group LLC has purchased the Newport Grand Casino property for $10,150,000, according to Newport records, with plans to transform the site into a mix of retail, restaurants, office and hospitality space. The property sale, announced Wednesday, involves a 23.5-acre site. The Newport Grand casino, owned and operated by Twin River Management…

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