House Speaker Gordon Fox, Senate President Teresa Paiva Weed, Highlight Quonset’s Site Readiness Program to Regional Audience

Quonset, RI – Rhode Island Senate President, M. Teresa Paiva Weed (D – Dist. 13, Newport, Jamestown) and Speaker of the Rhode Island House of Representatives, Gordon D. Fox (D – Dist. 4, Providence) have authored a new opinion piece in the New England Real Estate Journal highlighting the innovative site-readiness program at the Quonset Business Park.  The legislators highlight the program as an example of ways to reduce red tape and help create more jobs in Rhode Island.

Quonset Business Park is as a key driver of job creation and economic growth in Rhode Island.  It is now home to more than 175 companies, with 9,500 full-time and part-time jobs.  Its Port of Davisville is one of the Top Ten auto-importers in North America.

“This program is making it much easier for existing businesses to expand at Quonset and for entrepreneurs to discover what a welcoming climate exists for businesses there,” the authors write.  “The site-readiness program provides business owners with a streamlined and expedited permitting process, practical tools they need to save them time and money. This is indeed a model initiative that has a demonstrated track record of success.”

The site-readiness program was launched in 2012 and simplifies and expedites the permitting process. Today, 35 pad-ready sites in the Business Park are ready for immediate development by companies. The Quonset Development Corporation (QDC) has completed all the engineering that a developer would have to conduct as part of “due diligence” in order to get a project underway, and worked with various state agencies, including Department of Environmental Management (DEM) and the Coastal Resources Management Council (CRMC), to secure all the baseline permits that a new business would need to develop the parcel.

The authors also note the continued arrival of new companies at Quonset in the piece: “In recent months, more businesses have located and expanded at Quonset. And as the national and local economies begin to turn in the right direction, Quonset is positioned at the forefront of that curve. We stand ready to find more ways to help more companies grow and succeed in Rhode Island. The site-readiness program at Quonset reminds us that it can be done.”

Steven J. King, PE, the managing director for the QDC said the goal of the program was simple. “We wanted to make it as easy as possible for a business to walk through our doors, see a site and get shovels in the ground within 90 days,”  King said. “We are grateful to the Speaker and Senate President for their support of this initiative and we look forward to working with them to continue improving our economy and bring more jobs to Rhode Island.”

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