City of Newport Awards Facilities Contract to Newport Cre Llc (July 2026)

The City of Newport approved an order authorizing the City Manager to execute a Contract to Purchase Real Estate with Newport CRE, LLC for nine parcels in the 600 block of Monmouth Street at a total price of $3.8 million, including survey, environmental due-diligence, and legal costs. The acquisition consolidates fragmented ownership into a single publicly controlled redevelopment site to support future economic development objectives.

Scope & details

The full contract record, as filed.

Contract amount

$3,800,000 (includes approximately $50,000 in survey, environmental due-diligence, and legal costs)

Contract type

FACILITIES

Document type

StaffReport

Source document

City of Newport Staff Report Purchase of 9 parcels in the 600 Block of Monmouth Street 2026-07-22

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Newport?

Newport Cre Llc was awarded this facilities contract by City of Newport, as recorded on July 22, 2026. The contract value is $3,800,000 (includes approximately $50,000 in survey, environmental due-diligence, and legal costs).

How much is the Newport Cre Llc contract with City of Newport worth?

The Newport Cre Llc contract with City of Newport is valued at $3,800,000 (includes approximately $50,000 in survey, environmental due-diligence, and legal costs), covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in City of Newport Staff Report Purchase of 9 parcels in the 600 Block of Monmouth Street 2026-07-22 (StaffReport), dated July 22, 2026 from City of Newport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Newport Cre Llc hold?

Newport Cre Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Newport currently buying?

Explore City of Newport's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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