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Wednesday, June 25, 2008

Aqua Tower to Double Retail

Newport's Aqua tower which recently started getting its exterior cladding is set to amend its final design phase, according to the Jersey Journal. The tower was originally planned as having 16,000 square feet of retail but is bumping that to 34,610 feet. The total residential unit count is going from 358 to 355.

The Aqua is to serve as the east side of Newport's River Market. The River Market concept was meant to bring a downtown like shopping experience to an otherwise retail scarce neighborhood. The first phase of the River Market was the retail in the base of the Shore Club, which includes a bank and the recently opened Morton Williams grocery store. The Newport skating rink is also meant to attract customers to the market in the winter time.

However, the focus of the market so far seems to be in providing services to residents rather than creating a retail destination. Additions expected in the Aqua portion of retail include a pizzeria and a school, neither of which draw in window shoppers.

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