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A new chapter is about to unfold on one of Newport A new chapter is about to unfold on one of Newport’s most storied streets. Procaccianti Companies has officially received all necessary approvals to move forward with the development of The Bellevue Hotel, a 91-room luxury boutique property inspired by the city’s historic grandeur. The unanimous approval came from Newport’s Technical Review Committee on June 11, capping off a multi-phase approval process that included endorsements from the Zoning Board of Review and the Historic District Commission. “We sincerely appreciate the professional, diligent approach taken by all the reviewing bodies and the tremendous support we’ve received throughout this process,” said Ralph V. Izzi Jr., Vice President of Public Affairs for Procaccianti Companies. “We’re excited to deliver a world-class property that honors Newport’s legacy and supports its future.” Set to rise on the site of the former Bellevue Gardens retail plaza, The Bellevue Hotel pays homage to the Stone Villa, a grand Italianate manor once located there. The original villa, built in 1833 by Scottish stonemason Alexander McGregor and once owned by publisher James Gordon Bennett Jr., stood directly across from the Newport Casino—now home to the International Tennis Hall of Fame. The new hotel, designed by Centerbrook Architects, draws inspiration from that architectural lineage. Plans include a full suite of luxury amenities—restaurant, spa, pub, gym, and interior open-air gardens—along with underground parking, widened sidewalks, and improved pedestrian areas to create a welcoming gateway to Bellevue Avenue. “This project reflects the elegance and spirit of a bygone era while meeting the needs of today’s travelers,” said Paul Hitselberger, Executive Vice President of Operations & Asset Management for TPG Hotels & Resorts, which will manage the property. “The Bellevue will deliver a guest experience unmatched in the region.” Groundbreaking is scheduled for late 2025, with a grand opening anticipated in 2027. #thebellevuehotel #newportri #newportbuzz #tpghotels
In a vote Wednesday, the Rhode Island General Asse In a vote Wednesday, the Rhode Island General Assembly passed legislation to raise the state’s minimum wage from $15 to $17 by Jan. 1, 2027. Under the bill, wage earners would see a $1 bump to $16 next year and then another to $17 the following January. The legislation now heads to Gov. Dan McKee’s desk. Supporters argue low-wage workers have struggled to keep pace with rising living costs. Rep. David Bennett (D‑Warwick/Cranston) said the steady increases offer “predictable, stable” planning for businesses while maintaining a “livable wage” for Rhode Islanders. But critics caution that steep minimum wages can carry unintended consequences. A University of Washington study of Seattle’s $13 law found low-wage workers lost 9% of their hours — equating to an average income loss of $125 per month in 2016. Historical research from New Jersey’s fast-food sector showed employment dropped about 4.6% after its minimum wage rose. And economists led by Joseph Sabia found a 20–22% reduction in jobs among less-skilled New York workers following a wage hike there. Small-business owners often bear the brunt. U.K. data released in March show small firms cut jobs — especially among workers under 25 — after national wage increases, with youth jobs dropping nearly 2% in one month . An Oxford study using U.S. data revealed independent restaurants and retailers reduced low-hour roles — typically those under $4,000 annual income — by about 1.5 positions per business. Such entry-level positions are often the first casualties when labor costs spike sharply. Economists remain divided. Meta‑analyses by the Economic Policy Institute suggest large-scale job losses are rare. Advocates in Congress estimate a federal $17 wage could raise $70 billion annually in wages But others caution that steep wage mandates may prompt automation, reduce youth hiring, or drive businesses out of state. Gov. McKee must weigh these trade‑offs. Will workers benefit from higher pay—or lose the chance to gain job experience? #rhodeisland #newportbuzz
Happy Thursday, June 19th! Here’s What’s Happe Happy Thursday, June 19th! Here’s What’s Happening in and around Newport Today. @newport.mansions @waterbrothers @newportlobstershack @wharffishhouse @diegosnewport @viestesimplyitalian @pastavinori @wharfsouthernkitchen @diegos_barrio_cantina @adventuresinerindelle #NewportBuzz #NewportRI #rhodeisland #scenesofnewengland #newengland
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