The former Kaiser Aluminum factory tower was abandoned in 1987 and has stood as an eyesore on the Narragansett for years. Through the vision of English environmentalist, sportsman and entrepreneur Peter de Savary and his partner J. Brian O’Neill, one of the nation’s leading real estate visionaries, The Tower is now being transformed into an ageless icon of New England living.

The 17-floor tower will be clad in limestone pre-cast and native Rhode Island fieldstone, covering the original concrete and steel structure once used for manufacturing. The tower’s unique construction style and strength enabled the new architectural team to create wide-open floor plans and 10-foot ceiling-to-floor windows.

The condos have vistas of both Narragansett Bay and the pastoral, natural landscape and hand-built stone walls of Carnegie Abbey Club. "'Jaw-dropping'-that's how buyers are describing the Tower's views of the Narragansett," says Stephen Corridan, Partner, O'Neill Properties Group, New England Region.

Corridan is overseeing the sale of the 65 condos in the Tower and the 21 Nantucket-style cottages.

"Buyers are dazzled by the transformation -- the vision to recycle an eyesore into an icon along the Narragansett," says Corridan. "We have received interest from as far away as Washington State and Honolulu. This is the only luxury condominium tower available from Washington, D.C. to Maine, situated on a world-class sporting club with direct ocean access."

The Tower is located on the grounds of the acclaimed Carnegie Abbey Club, a world-renowned private sporting club offering one of the finest Scottish links-inspired golf courses in the United States, yachting on the Narragansett, a European spa, and equestrian facilities that include four miles of upland and coastal trails.

J. Brian O’Neill, chairman and founder of O’Neill Properties Group, discovered the property while golfing at the club. “We are privileged to preserve and restore one of the finest remaining properties on the Narragansett Bay,” O'Neill says. “We believe that Carnegie Abbey is one of the world’s finest private clubs and that our enclave on the Bay is one of the world’s unique locations. With such an opportunity before us, nothing less than the best is acceptable.”

O’Neill assembled an internationally renowned team of architects and designers to create the 15-acre community, including Newport Collaborative Architects, Inc., Burt Hill Kosar Rittelmann Associates, LandWorks, Inc. and Ralph Lauren Home.

Luxury is the watchword of the development.

Interiors decorated by Ralph Lauren Home are accented by 10-foot ceilings and Brazilian cherry hardwood floorings. Private balconies with glass railings and loggia with expansive decks provide spectacular views of the Newport Bridge to the South and the Mount Hope Bridge to the North.

Kitchens feature Wolf® ovens and cook tops, Sub-Zero® refrigerators and wine coolers, and Miele® espresso and cappuccino makers. The bathroms feature Waterworks® airtubs and fixtures, surrounded by Italian limestone.

In addition to club membership owners can look forward to private beach-style cabanas, a 25 meter, four lane lap pool with adjacent 16’ x 20’ lounging pool and separate 16’ x 20’ children’s wading pool, a private gym and fitness center, and a business center equipped with state-of-the-art business equipment and small meeting capability.

Together, the tower condos and surrounding homes will be market valued at upwards of $180 million. The penthouse alone sells for $7 million. "Our buyers are being attracted by the sheer drama of the project, a last-of-its-kind opportunity to live above the clouds along one of the great New England waterways," Corridan says.

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