Quonset Ready to Lead Rhode Island’s Post-Pandemic Economy
Quonset continues to be a bustling hub of activity, despite the challenging economic realities of the COVID-19 pandemic. The Quonset Development Corporation (QDC) team has worked “hard and smart” to position the Business Park as an economic leader in the post-pandemic economy.
According to a 2019 report from Bryant University, the Business Park generates $1.28 billion in annual income for Rhode Island families with wages at Quonset Business Park 19% higher than the statewide average.
Over the past 4 months, Quonset has forged ahead with critical infrastructure initiatives:
The Port of Davisville’s Pier 2 rehabilitation project is nearly complete, ensuring that Rhode Island will emerge from the pandemic among the leaders in offshore wind logistics and staging on the East Coast, while continuing to expand the auto import business;
Infrastructure improvements at Electric Boat to support Phase 2 of their submarine production expansion are nearly complete, maintaining Quonset’s status as a leader in the defense industry; and
Moved ahead on a number of state and federal grant funded projects to keep Quonset’s infrastructure modern.
“While COVID-19 has ushered in a kind of eerie silence across much of the state, a lot of the development of the sprawling 3,200-acre business park never stopped.” That includes construction of Gateway Offices Building #5 and Flex Industrial Campus Building #3.
The Gateway offices are designed for startups, small businesses and professional services firms, offering short-term, flexible lease agreements. Each facility includes wireless high-speed Internet, a shared kitchen and break areas (including an outdoor courtyard), a conference room, an abundance of natural light and multiple restrooms.
The Flex Industrial buildings combine “office and warehouse space with soaring, 24-foot-high ceilings, high garage bays and drive-up loading docks – offering the kind of modern accommodations Quonset continues to provide.
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