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July 25, 2023

Quonset generates economic momentum for Ocean State

“Quonset Business Park is a leading engine of economic development in Rhode Island. The former naval base has been transformed – now home to over 13,000 employees. Last month, we released the 2022 Economic Impact Report, conducted by Dr. Edinaldo Tebaldi of Bryant University – the results highlight the impressive, continued impact that the Business Park has across Rhode Island. In 2022, Quonset generated $5.9 billion in economic revenue (that’s 8.3% of Rhode Island’s GDP), including $1.72 billion in household income for Rhode Islanders.”

Read more via the New England Real Estate Journal.

Filed Under: Client News, Quonset

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