Quonset COO Chelsea Siefert gives keynote at Commercial Real Estate Summit

Chelsea Siefert Headshot

QDC Chief Operating Officer Chelsea Siefert (right) gave the keynote address at the New England Real Estate Journal’s 2024 Commercial Real Estate Summit, where she shared the roots of Quonset’s success and the strategic upgrades and expansions happening across the Business Park.“A key element of Quonset’s success is our unique site readiness program which provides pre-permitted, pre-engineered, shovel-ready sites primed for construction within 90 days of a company signing a lease and taking site control,” Siefert said in her remarks.

In the last decade, Quonset’s site readiness program has led to the creation of over 4,000 jobs and $664 million in private investment across 33 developed sites and 36 companies at the Business Park.

“Based on that success, state leaders thought it would be a good idea to apply Quonset’s successful approach statewide. We agreed – and agreed to take the lead on making it happen,” Siefert continued.

Administered by QDC, the Rhode Island Ready program is a statewide industrial site readiness initiative based upon Quonset’s site readiness program. With the Business Park nearly at capacity, RI Ready was designed to create an inventory of pre-permitted properties ready for industrial development, leading to job creation statewide. Enrolled sites are provided technical assistance with engineering, permitting and other approvals along with support that will prepare sites for development activity.

To date, 18 sites are enrolled in Rhode Island Ready, totaling 429 acres. Combined, these sites could host over four million square feet of new industrial buildings.

“Coming up with a way to expand the supply of space for industrial growth in Rhode Island will be a key challenge of the coming decade. The continued growth of our economy, the creation of new jobs and the future prosperity of Rhode Island families depends on it,” Siefert said.

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November 2023 ➡️ May 2025

The new Rhode Island Air National Guard headquarters is nearing completion! This project will provide the 143rd Airlift Wing with the modernized facilities they need to execute their missions.

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Wildlife conservation isn't part of the official job description, but our team members go above and beyond! When this little guy found his way inside the fence at our pump station, Hannah didn't hesitate to bring him back to safety.

To continue to support @GDElectricBoat employees working at Quonset, @RIPTA_RI has updated their Quonset Express route from Woonsocket and Providence to seamlessly align with employee shift schedules and ensure that folks have reliable transportation to these good-paying jobs.

Quonset is proud to be the home of the Rhode Island Air National Guard and their world-class technology, including this exclusive aircraft simulator that attracts and trains pilots from all around the world.

Join us on June 4th at North Kingstown Public Library for a conversation about the future of Rhode Island's public infrastructure, including Quonset's Port of Davisville! Share your vision for our roads, bridges, public transit and more.

More details: https://planning.ri.gov/planning-areas/transportation/long-range-transportation-plan.

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