Plans for the redevelopment of the Perry Mill/Parascandolo Wharf property have been released to the Rhode Island Coastal Resource Management Council (CRMC) seeking approval for demolition and redevelopment of the property.
The 129 page proposal seeks to demolish the four existing buildings on the property as well as to demolish several outbuildings on the site and to construct a 7,686 square foot “Regatta Center” building on the 1.3 acre wharf. The “Regatta Center,” which is expected to be a waterfront restaurant/private event space, will be built on steel piles above the 100 year flood elevation. The plans also call for constructing a limited marina with transient slips, rebuilding small building on the concrete wharf and to construct grading, utility and landscaping upgrades.
Parascandolo Wharf, one of the last vestiges of Newport’s working waterfront, closed in 2010 and had served as a commercial fishing wharf in Newport, RI since 1950.
While the property is still owned by the Parascandolo family, they have entered into a 40 year lease with Patrick Kilroy and Larry Silverstein-Phillips, owners of the Midtown Oyster Bar and Surf Club. Kilroy and Silverstein-Philips plan to transfer the liquor license from the Rhumbline restaurant to the 1.3 acre waterfront property according to testimony their attorney Turner Scott presented to the Newport City Council in December 2019.
The application also says that the property will be used for seasonal events such as “Food & Wine, Boat Show, annual Oyster Festival and other events.”
Kilroy, a longtime respected corporate citizen of Newport, also owns The Landing, Lobster Bar and Zelda’s.
Immediate abuttors of the project have been notified that any objections must be filed in writing by April 15, 2021. Chuck Moffitt, General Manager of the Newport yachting Center, submitted a letter of support for the project in a letter dated February 9, 2021.
The plan was approved by the City of Newport Technical Review Committee on February 10, 2021.
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