Warwick Rhode Island Intercontinental Hotel
Joe Piscopio has just sold the Warwick city centre hotel for $19.1 million. Business travelers will appreciate the proximity to the city centre and the location in the heart of downtown Warwick.
Whether you are visiting Warwick, RI for a short visit or a longer stay, you can enjoy a range of all-inclusive perks to make you feel right at home. The hotel features a full service restaurant, bar, fitness center, spa and fitness center, free parking and full satisfaction is guaranteed by world-class amenities including state-of-the-art fitness center. Whether you are visiting Warwick RI for a shorter visit or a longer stay, we have designed the hotel with absolute comfort and convenience.
If you forget something, there is a 24-hour convenience store on site and we offer free grocery and shopping services. We offer a free shuttle service to and from the airport, including Warwick International Airport, Rhode Island Convention Center and State Capitol. Our centrally located hotel offers first-class amenities such as beach shopping, galleries and restaurants, as well as a full-service restaurant, bar, fitness center, spa and fitness center.
The Hilton Garden Inn is located in front of the airport and Interlink, but the station had the infrastructure needed to make Warwick a transport hub. The plan was for a 110-unit residential building to become part of Warwick city centre, including office, retail, hospitality and residential uses. In the intermodal zone, later called the City Centre, there was an ironworks R.I. Malleable building and a Kilvert building, both built on the site of the former Rhode Island Convention Center and the state Capitol.
Each studio or one or two bedroom suite has a fully equipped kitchen, a full service bathroom and a private living room with fireplace. Relax in the business centre with photocopying services, check your email with free internet access or simply relax in the indoor pool. Guests can relax in a seating area or enjoy the outdoor pool, outdoor dining area, pool bar or lounge area.
Piscopio says he has a long-term lease on the property for a total of three years and purchased the Home 2 Suites franchise for $3 million. He did not specify a construction schedule for the 2Suites home, but flirted with the idea of a development that could precede it. Real estate valuations were frozen at $1.5 million for two years, according to the New York State Department of Finance.
Piscopio sees the development and the fiscal incentives as the prerequisites for more development. He likes the idea of saving a piece of the hill's manufacturing industry, which was a vital part of his city and was touted as one of Rhodes "most important economic assets. When the connection between Green Airport and Warwick Station was still a dream, Piscopsio bought the former hardware manufacturer, which he bought for $1 million. At the time, he estimated that the building had lain dormant for about 20 years before he bought it for $2 million, and estimated that it had been dormant ever since.
Piscopio believes in the concept of a city centre, even though the transition is slow even after the completion of the Interlink station. The 125-room Hyatt Place, which Michael D. Ambra is building on Jefferson Boulevard near the Hilton, is scheduled to open this month. Home 2 Suites, described as an "extended stay hotel," with two-bedroom suites and a full service restaurant. He now plans to build a 12,000-square-foot retail and office building at the back of his estate, which will cost $2 million.