Rhode Island leaders celebrate new Terminal 5 Pier

Quonset Terminal Piledriving Event
Federal, state and local leaders joined the Quonset Development Corporation for a piledriving ceremony to mark the beginning of construction at the Port of Davisville’s Terminal 5 Pier and Blue Economy Support Docks, the first new pier built at Quonset in almost 70 years.

The Terminal 5 Pier will offer specialized berthing spaces to accommodate a variety of offshore wind vessels and other cargoes. The Blue Economy Support Docks and boat ramp will accommodate smaller boats and the short-term docking needs of small businesses, emerging companies and research and development organizations.

The Port of Davisville is one of the Top 10 auto importers in North America and an emerging hub for offshore wind. Rhode Island’s only public port, Davisville supports more than 1,600 jobs and generates $374 million in annual economic output.

“Thanks to the consistent support of our partners in government and the private sector the Port of Davisville is booming,” said QDC Managing Director Steven J. King, P.E. “In the first six months of 2024, auto imports were up 51% over that same period in 2023. 39 offshore wind vessels have already called on Davisville while supporting projects like Revolution Wind and South Fork.”

This expansion will allow Quonset to keep up with rising demand while positioning Quonset – and Rhode Island – as a key offshore wind hub in the North Atlantic.

The Terminal 5 project is part of the Port of Davisville Master Plan, a $234 million initiative that will add a new 50-year service life to the port’s infrastructure.

The project is fully funded through State Fiscal Recovery Funds, allocated to Rhode Island as part of the American Rescue Plan Act. Construction is expected to be completed in 2025.

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Before Quonset was a top business park, it was a military base for the @USNavy. Naval Air Station Quonset Point was home to several Essex class aircraft carriers, including the USS Wasp (CV-18) and the USS Intrepid (CV-11), pictured below at Quonset's carrier pier.

If you're looking to move your company in 2025, there's no better place to be than at Quonset. Our new office building has furnished individual offices and multi-office suites available for lease — and the location can't be beat! Reach out to leasing@quonset.com for details.

Before we close out 2024, we'd like to celebrate some fantastic employees who made a difference this year.

Our most recent Employee of the Month, Jared Passano, and Sue Sauco and Cristian Rescio, who were recently promoted, are invaluable additions to our team. Great work, all!

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