Quonset Generates $5.9 Billion in Economic Revenue in 2022

Bryant Impact Report

Steven King’s most recent column in the New England Real Estate Journal highlights Quonset’s role as a leading engine of economic development in Rhode Island.

In 2022, Quonset generated $5.9 billion in economic activity (that’s 8.3% of Rhode Island’s GDP), including $1.72 billion in household income for Rhode Island families. Meanwhile, private-sector jobs here pay 10% more than the state’s average wage.

To find out more, you can read Steve’s column here.

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Quonset's Flex Campus offers customizable industrial space with flexible lease terms to new and growing companies, filling an unmet need in the real estate market. Today, nearly two dozen companies are housed in our Flex spaces, creating jobs and boosting American manufacturing.

Sending a huge congratulations to Quonset company @regentcraft on their successful Series B funding round! We look forward to continuing to support their work and additional job creation at their new headquarters at 1 Seaglider Way.

With the unanimous approval of the QDC board, we’ve begun site work to make way for thousands of new jobs at @GDElectricBoat.

Learn more under Electric Boat Expansion - Sanford Road Relocation on the project updates page on our website ⤵️
https://quonset.com/project-updates/?fbclid=IwY2xjawT9emBwZG9mAWV4dG4DYWVtAjExAHNydGMGYXBwX2lkEDIyMjAzOTE3ODgyMDA4OTIAAR7qPYxOfHUekA6sK-0RaINjscdPIOeIjvdYkC6YuoX4qW81G5wS1GPbYgQTcQ_aem_BHBmVscP59cs2mOL5bzE8Q