7
Transforming 3,160 acres of former Navy bases into a thriving business park. 5 YEAR PROGRESS REPORT 2005 – 2009 January 2010

PREDICTABLE for new projects. Development Under QDC Master Land Use and Development Plan PREDICTABLE 2005 – 2009 January 2010 SCIENTIFIC DISCOVERY – “America’s Ship for Ocean

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NOAA’s 250-foot research vessel Okeanos Explorer, its crew and scientists will be

homeported at the Business Park’s Pier 1.

The Okeanos, NOAA’s fi rst vessel dedicated to exploration, will work closely with

the University of Rhode Island’s School of Oceanography and Inner Space Center

creating a scientifi c hub for ocean exploration in Southern Rhode Island.

The Okeanos Explorer’s mission to map the physical, biological, chemical and

archeological aspects of the ocean is supported by a new research and offi ce

building in the Business Park that provides additional space for

experiments, equipment and storage.

Transforming 3,160 acres of former

Navy bases into a thriving business park.

5 Y E A R P R O G R E S S R E P O R T

2 0 0 5 – 2 0 0 9

95 Cripe Street

North Kingstown, RI 02852

TEL: 401.295.0044

FAX: 401.268.9885

WEB: qdcri.com

A few examples

• Hexagon Metrology – Corporate headquarters. Manufacturer

of precision instruments.

• Unetixs Vascular Inc. – Corporate headquarters. Manufacturer

of vascular diagnostic systems, research and development and

medical training.

• Dominion Diagnostics – Corporate headquarters. Diagnostic

research and laboratory.

• Goldline Controls – Manufacturer of electronic

chlorination systems.

• Quonset Gateway – 72 acre front door to the Business Park

that will eventually house retail stores, a hotel, restaurants,

and space for new offi ce buildings. In 2009 Kohl’s department

store, Lowe’s Home Improvement store and Rhode Island’s

largest independent grocer Dave’s Marketplace opened

their doors.

• Falvey Cargo Underwriting – Corporate headquarters and offi ces.

Full service cargo insurance and underwriting company.

New CompaniesATTRACTING

A few examples

• Electric Boat Corporation shifted more of its manufacturing work to

Quonset and invested over $30 million in improvements to expand

and create effi ciencies in its submarine construction process.

• North Atlantic Distribution, Inc. (NORAD) expanded its auto import

processing facility, increasing its work force by over 15% and

making Quonset’s Port of Davisville the 5th largest auto importer in

North America.

• Toray Plastics America has its 70 acre corporate headquarters at the

Quonset Business Park. The most advanced fi lm facility of its kind

in North America, it is increasing its production capabilities.

• Ocean State Job Lot is taking full advantage of the Business Park’s

land resources and easy highway access. It has expanded its network

of stores and has added 660,000 square feet to its Quonset

footprint with a new corporate headquarters, distribution center

and warehouse. The retailer’s Quonset based workforce has

increased by 43%.

Existing BusinessesGROWING

• Guides the continuing development of the Business Park for

economic growth and diverse employment opportunities.

• Incorporates specifi c land uses, infrastructure improvements,

and transportation plans.

• Preserves and enhances the unique assets of the Business Park

including extensive water, woodland, historic, and recreation resources.

• Includes a Development Package that outlines requirements and

process for new projects.

Development Under QDC

Master Land Use and Development Plan

PREDICTABLE

2005 – 2009

January 2010

SCIENTIFIC DISCOVERY –“America’s Ship for Ocean Exploration” makes Quonset its Homeport

• 168 businesses employing over 8,800 workers

• Quonset’s Port of Davisville – North America’s 5th largest

new auto importer in 2008 (2009 not yet available)

• Less than 200 acres remaining for development

• Highway, seaport, airport and rail intermodal transportation

– New direct freeway access

– New dedicated freight rail along Northeast Corridor

• Golf course, beaches, marinas, bike path, retail and daycare

all on site

Year Acres Sold Acres LeasedBuilding Sq.

Footage

Job

Growth

Private

Investment

New Vehicle

Imports

2005 13.9 15.1 181,665 470 $21.2 m 93,471

2006 21.0 0.0 184,559 520 $28.7 m 86,415

2007 30.2 33.0 252,688 570 $26.6 m 76,156

2008 6.6 31.5 659,700 700 $59.6 m 109,197

2009 18.3 16.9 34,000 500 $6.5 m 91,183

Total 90.0 96.5 1,313,012 2,760 $142.6 m 456,422

2005 – 2009

LAND DEVELOPMENT STATUS

Demolition

• Demolished 300 old Navy buildings totaling over

2 million square feet

• Opened 140 acres for new development

Roads

• Direct highway access – new Route 403 connector

• Constructed/repaired Business Park roads and utilities –

providing for better vehicle circulation and access to

interior parcels totaling 350 acres

Rail

• FRIP – provides dedicated freight line to Boston Switch

• Internal rail improvements – replaced 36,000 LF of track

• For the fi rst time in Business Park history, autos are

transported to and from Park by rail

Waterfront

• Replaced wooden bulkhead south of Pier 1

• Preserved valuable 50 acre waterfront parcel

• Restored wetlands

Setting the Standard for Green

• New QDC Headquarters and Maintenance facility

• Sustainable green building utilizes captured rainwater

for irrigation and recycled oil for heat

Public Access

• New parking, seating, and landscaping for beachfronts

• New 2.3 mile bike path from Post Road to waterfront

INFRASTRUCTUREInvestment – $35 million

CURRENTStatus

BY THENumbers

NARRAGANSETT BAY

1. Antique Furnishings, Inc.

Coughlin Bros. Construction

D.S. Nelson

Frances & Kristin McCabe

Kiwi Industries

North East Noise Abatement

Ram Mechanical LLC

Rick & Terry Grosvenor

SCM Brokerage, LLC

T & L Industries Company, Inc.

Velardi Storage

Vine St. Studios

2. Vacant by M & D Transportation Inc.

3. Jardine Associates

4. Vacant by Marrinan Realty

5. RI Portable Storage

6. Kohl’s

Dave’s Marketplace

Supercuts

Hollywood Nails

7. Lowe’s

8. Unetixs Vascular, Inc.

9. Vacant By Virginia Transportation

10. QDC

11. Toray Plastics

12. Bel Air Finishing Supply

Catepillar Entertainment Services

13. Hexagon

14. Vacant by Goldline Controls Inc.

15. Falvey Cargo

16. SENESCO

17. Vacant by Dillabur Realty LLC

18. Vacant by Town of NK

19. NORAD

19 19

19

1

3

5

4

2

6

7

8

9

10

11

1712

13

14

15

16

18

μP

OST

RO

AD

PO

ST

RO

AD

RO

UT

E 1

TOWN OF NORTH KINGSTOWN

(RESIDENTIAL)

TOWN OF NORTH KINGSTOWN

(RESIDENTIAL)

QUONSET

STATE

AIRPORT

SEA

PO

RT

0 750 1,500 3,000 4,500 6,000

Feet

LEGEND

Active Development

Available

Available by Others

Developed

Drainage

Leased & Sold 2005 – 2009

Open Space

Transportation and Utilities

Under Agreement

U.S.N.

Technical Support Services95 Cripe Street

North Kingstown, RI 02852

Tel: 401.295.0044

Fax: 401.268.9885

November 2009

Antonio Ambrosio

GOVERNANCEManaged by Quonset Development Corporation (QDC),

a subsidiary of RI Economic Development Corporation (EDC)

Board Chair – Director of EDC

Board Members – 6 appointed by Governor

4 appointed by local communities

Nick P

ala

zini

NOAA’s 250-foot research vessel Okeanos Explorer, its crew and scientists will be

homeported at the Business Park’s Pier 1.

The Okeanos, NOAA’s fi rst vessel dedicated to exploration, will work closely with

the University of Rhode Island’s School of Oceanography and Inner Space Center

creating a scientifi c hub for ocean exploration in Southern Rhode Island.

The Okeanos Explorer’s mission to map the physical, biological, chemical and

archeological aspects of the ocean is supported by a new research and offi ce

building in the Business Park that provides additional space for

experiments, equipment and storage.

Transforming 3,160 acres of former

Navy bases into a thriving business park.

5 Y E A R P R O G R E S S R E P O R T

2 0 0 5 – 2 0 0 9

95 Cripe Street

North Kingstown, RI 02852

TEL: 401.295.0044

FAX: 401.268.9885

WEB: qdcri.com

A few examples

• Hexagon Metrology – Corporate headquarters. Manufacturer

of precision instruments.

• Unetixs Vascular Inc. – Corporate headquarters. Manufacturer

of vascular diagnostic systems, research and development and

medical training.

• Dominion Diagnostics – Corporate headquarters. Diagnostic

research and laboratory.

• Goldline Controls – Manufacturer of electronic

chlorination systems.

• Quonset Gateway – 72 acre front door to the Business Park

that will eventually house retail stores, a hotel, restaurants,

and space for new offi ce buildings. In 2009 Kohl’s department

store, Lowe’s Home Improvement store and Rhode Island’s

largest independent grocer Dave’s Marketplace opened

their doors.

• Falvey Cargo Underwriting – Corporate headquarters and offi ces.

Full service cargo insurance and underwriting company.

New CompaniesATTRACTING

A few examples

• Electric Boat Corporation shifted more of its manufacturing work to

Quonset and invested over $30 million in improvements to expand

and create effi ciencies in its submarine construction process.

• North Atlantic Distribution, Inc. (NORAD) expanded its auto import

processing facility, increasing its work force by over 15% and

making Quonset’s Port of Davisville the 5th largest auto importer in

North America.

• Toray Plastics America has its 70 acre corporate headquarters at the

Quonset Business Park. The most advanced fi lm facility of its kind

in North America, it is increasing its production capabilities.

• Ocean State Job Lot is taking full advantage of the Business Park’s

land resources and easy highway access. It has expanded its network

of stores and has added 660,000 square feet to its Quonset

footprint with a new corporate headquarters, distribution center

and warehouse. The retailer’s Quonset based workforce has

increased by 43%.

Existing BusinessesGROWING

• Guides the continuing development of the Business Park for

economic growth and diverse employment opportunities.

• Incorporates specifi c land uses, infrastructure improvements,

and transportation plans.

• Preserves and enhances the unique assets of the Business Park

including extensive water, woodland, historic, and recreation resources.

• Includes a Development Package that outlines requirements and

process for new projects.

Development Under QDC

Master Land Use and Development Plan

PREDICTABLE

2005 – 2009

January 2010

SCIENTIFIC DISCOVERY –“America’s Ship for Ocean Exploration” makes Quonset its Homeport

NOAA’s 250-foot research vessel Okeanos Explorer, its crew and scientists will be

homeported at the Business Park’s Pier 1.

The Okeanos, NOAA’s fi rst vessel dedicated to exploration, will work closely with

the University of Rhode Island’s School of Oceanography and Inner Space Center

creating a scientifi c hub for ocean exploration in Southern Rhode Island.

The Okeanos Explorer’s mission to map the physical, biological, chemical and

archeological aspects of the ocean is supported by a new research and offi ce

building in the Business Park that provides additional space for

experiments, equipment and storage.

Transforming 3,160 acres of former

Navy bases into a thriving business park.

5 Y E A R P R O G R E S S R E P O R T

2 0 0 5 – 2 0 0 9

95 Cripe Street

North Kingstown, RI 02852

TEL: 401.295.0044

FAX: 401.268.9885

WEB: qdcri.com

A few examples

• Hexagon Metrology – Corporate headquarters. Manufacturer

of precision instruments.

• Unetixs Vascular Inc. – Corporate headquarters. Manufacturer

of vascular diagnostic systems, research and development and

medical training.

• Dominion Diagnostics – Corporate headquarters. Diagnostic

research and laboratory.

• Goldline Controls – Manufacturer of electronic

chlorination systems.

• Quonset Gateway – 72 acre front door to the Business Park

that will eventually house retail stores, a hotel, restaurants,

and space for new offi ce buildings. In 2009 Kohl’s department

store, Lowe’s Home Improvement store and Rhode Island’s

largest independent grocer Dave’s Marketplace opened

their doors.

• Falvey Cargo Underwriting – Corporate headquarters and offi ces.

Full service cargo insurance and underwriting company.

New CompaniesATTRACTING

A few examples

• Electric Boat Corporation shifted more of its manufacturing work to

Quonset and invested over $30 million in improvements to expand

and create effi ciencies in its submarine construction process.

• North Atlantic Distribution, Inc. (NORAD) expanded its auto import

processing facility, increasing its work force by over 15% and

making Quonset’s Port of Davisville the 5th largest auto importer in

North America.

• Toray Plastics America has its 70 acre corporate headquarters at the

Quonset Business Park. The most advanced fi lm facility of its kind

in North America, it is increasing its production capabilities.

• Ocean State Job Lot is taking full advantage of the Business Park’s

land resources and easy highway access. It has expanded its network

of stores and has added 660,000 square feet to its Quonset

footprint with a new corporate headquarters, distribution center

and warehouse. The retailer’s Quonset based workforce has

increased by 43%.

Existing BusinessesGROWING

• Guides the continuing development of the Business Park for

economic growth and diverse employment opportunities.

• Incorporates specifi c land uses, infrastructure improvements,

and transportation plans.

• Preserves and enhances the unique assets of the Business Park

including extensive water, woodland, historic, and recreation resources.

• Includes a Development Package that outlines requirements and

process for new projects.

Development Under QDC

Master Land Use and Development Plan

PREDICTABLE

2005 – 2009

January 2010

SCIENTIFIC DISCOVERY –“America’s Ship for Ocean Exploration” makes Quonset its Homeport

• 168 businesses employing over 8,800 workers

• Quonset’s Port of Davisville – North America’s 5th largest

new auto importer in 2008 (2009 not yet available)

• Less than 200 acres remaining for development

• Highway, seaport, airport and rail intermodal transportation

– New direct freeway access

– New dedicated freight rail along Northeast Corridor

• Golf course, beaches, marinas, bike path, retail and daycare

all on site

Year Acres Sold Acres LeasedBuilding Sq.

Footage

Job

Growth

Private

Investment

New Vehicle

Imports

2005 13.9 15.1 181,665 470 $21.2 m 93,471

2006 21.0 0.0 184,559 520 $28.7 m 86,415

2007 30.2 33.0 252,688 570 $26.6 m 76,156

2008 6.6 31.5 659,700 700 $59.6 m 109,197

2009 18.3 16.9 34,000 500 $6.5 m 91,183

Total 90.0 96.5 1,313,012 2,760 $142.6 m 456,422

2005 – 2009

LAND DEVELOPMENT STATUS

Demolition

• Demolished 300 old Navy buildings totaling over

2 million square feet

• Opened 140 acres for new development

Roads

• Direct highway access – new Route 403 connector

• Constructed/repaired Business Park roads and utilities –

providing for better vehicle circulation and access to

interior parcels totaling 350 acres

Rail

• FRIP – provides dedicated freight line to Boston Switch

• Internal rail improvements – replaced 36,000 LF of track

• For the fi rst time in Business Park history, autos are

transported to and from Park by rail

Waterfront

• Replaced wooden bulkhead south of Pier 1

• Preserved valuable 50 acre waterfront parcel

• Restored wetlands

Setting the Standard for Green

• New QDC Headquarters and Maintenance facility

• Sustainable green building utilizes captured rainwater

for irrigation and recycled oil for heat

Public Access

• New parking, seating, and landscaping for beachfronts

• New 2.3 mile bike path from Post Road to waterfront

INFRASTRUCTUREInvestment – $35 million

CURRENTStatus

BY THENumbers

NARRAGANSETT BAY

1. Antique Furnishings, Inc.

Coughlin Bros. Construction

D.S. Nelson

Frances & Kristin McCabe

Kiwi Industries

North East Noise Abatement

Ram Mechanical LLC

Rick & Terry Grosvenor

SCM Brokerage, LLC

T & L Industries Company, Inc.

Velardi Storage

Vine St. Studios

2. Vacant by M & D Transportation Inc.

3. Jardine Associates

4. Vacant by Marrinan Realty

5. RI Portable Storage

6. Kohl’s

Dave’s Marketplace

Supercuts

Hollywood Nails

7. Lowe’s

8. Unetixs Vascular, Inc.

9. Vacant By Virginia Transportation

10. QDC

11. Toray Plastics

12. Bel Air Finishing Supply

Catepillar Entertainment Services

13. Hexagon

14. Vacant by Goldline Controls Inc.

15. Falvey Cargo

16. SENESCO

17. Vacant by Dillabur Realty LLC

18. Vacant by Town of NK

19. NORAD

19 19

19

1

3

5

4

2

6

7

8

9

10

11

1712

13

14

15

16

18

μ

PO

ST

RO

AD

PO

ST

RO

AD

RO

UT

E 1

TOWN OF NORTH KINGSTOWN

(RESIDENTIAL)

TOWN OF NORTH KINGSTOWN

(RESIDENTIAL)

QUONSET

STATE

AIRPORT

SEA

PO

RT

0 750 1,500 3,000 4,500 6,000

Feet

LEGEND

Active Development

Available

Available by Others

Developed

Drainage

Leased & Sold 2005 – 2009

Open Space

Transportation and Utilities

Under Agreement

U.S.N.

Technical Support Services95 Cripe Street

North Kingstown, RI 02852

Tel: 401.295.0044

Fax: 401.268.9885

November 2009

Antonio Ambrosio

GOVERNANCEManaged by Quonset Development Corporation (QDC),

a subsidiary of RI Economic Development Corporation (EDC)

Board Chair – Director of EDC

Board Members – 6 appointed by Governor

4 appointed by local communities

Nick P

ala

zini

• 168 businesses employing over 8,800 workers

• Quonset’s Port of Davisville – North America’s 5th largest

new auto importer in 2008 (2009 not yet available)

• Less than 200 acres remaining for development

• Highway, seaport, airport and rail intermodal transportation

– New direct freeway access

– New dedicated freight rail along Northeast Corridor

• Golf course, beaches, marinas, bike path, retail and daycare

all on site

Year Acres Sold Acres LeasedBuilding Sq.

Footage

Job

Growth

Private

Investment

New Vehicle

Imports

2005 13.9 15.1 181,665 470 $21.2 m 93,471

2006 21.0 0.0 184,559 520 $28.7 m 86,415

2007 30.2 33.0 252,688 570 $26.6 m 76,156

2008 6.6 31.5 659,700 700 $59.6 m 109,197

2009 18.3 16.9 34,000 500 $6.5 m 91,183

Total 90.0 96.5 1,313,012 2,760 $142.6 m 456,422

2005 – 2009

LAND DEVELOPMENT STATUS

Demolition

• Demolished 300 old Navy buildings totaling over

2 million square feet

• Opened 140 acres for new development

Roads

• Direct highway access – new Route 403 connector

• Constructed/repaired Business Park roads and utilities –

providing for better vehicle circulation and access to

interior parcels totaling 350 acres

Rail

• FRIP – provides dedicated freight line to Boston Switch

• Internal rail improvements – replaced 36,000 LF of track

• For the fi rst time in Business Park history, autos are

transported to and from Park by rail

Waterfront

• Replaced wooden bulkhead south of Pier 1

• Preserved valuable 50 acre waterfront parcel

• Restored wetlands

Setting the Standard for Green

• New QDC Headquarters and Maintenance facility

• Sustainable green building utilizes captured rainwater

for irrigation and recycled oil for heat

Public Access

• New parking, seating, and landscaping for beachfronts

• New 2.3 mile bike path from Post Road to waterfront

INFRASTRUCTUREInvestment – $35 million

CURRENTStatus

BY THENumbers

NARRAGANSETT BAY

1. Antique Furnishings, Inc.

Coughlin Bros. Construction

D.S. Nelson

Frances & Kristin McCabe

Kiwi Industries

North East Noise Abatement

Ram Mechanical LLC

Rick & Terry Grosvenor

SCM Brokerage, LLC

T & L Industries Company, Inc.

Velardi Storage

Vine St. Studios

2. Vacant by M & D Transportation Inc.

3. Jardine Associates

4. Vacant by Marrinan Realty

5. RI Portable Storage

6. Kohl’s

Dave’s Marketplace

Supercuts

Hollywood Nails

7. Lowe’s

8. Unetixs Vascular, Inc.

9. Vacant By Virginia Transportation

10. QDC

11. Toray Plastics

12. Bel Air Finishing Supply

Catepillar Entertainment Services

13. Hexagon

14. Vacant by Goldline Controls Inc.

15. Falvey Cargo

16. SENESCO

17. Vacant by Dillabur Realty LLC

18. Vacant by Town of NK

19. NORAD

19 19

19

1

3

5

4

2

6

7

8

9

10

11

1712

13

14

15

16

18

μ

PO

ST

RO

AD

PO

ST

RO

AD

RO

UT

E 1

TOWN OF NORTH KINGSTOWN

(RESIDENTIAL)

TOWN OF NORTH KINGSTOWN

(RESIDENTIAL)

QUONSET

STATE

AIRPORT

SEA

PO

RT

0 750 1,500 3,000 4,500 6,000

Feet

LEGEND

Active Development

Available

Available by Others

Developed

Drainage

Leased & Sold 2005 – 2009

Open Space

Transportation and Utilities

Under Agreement

U.S.N.

Technical Support Services95 Cripe Street

North Kingstown, RI 02852

Tel: 401.295.0044

Fax: 401.268.9885

November 2009

Antonio Ambrosio

GOVERNANCEManaged by Quonset Development Corporation (QDC),

a subsidiary of RI Economic Development Corporation (EDC)

Board Chair – Director of EDC

Board Members – 6 appointed by Governor

4 appointed by local communities

Nick P

ala

zini

NOAA’s 250-foot research vessel Okeanos Explorer, its crew and scientists will be

homeported at the Business Park’s Pier 1.

The Okeanos, NOAA’s fi rst vessel dedicated to exploration, will work closely with

the University of Rhode Island’s School of Oceanography and Inner Space Center

creating a scientifi c hub for ocean exploration in Southern Rhode Island.

The Okeanos Explorer’s mission to map the physical, biological, chemical and

archeological aspects of the ocean is supported by a new research and offi ce

building in the Business Park that provides additional space for

experiments, equipment and storage.

Transforming 3,160 acres of former

Navy bases into a thriving business park.

5 Y E A R P R O G R E S S R E P O R T

2 0 0 5 – 2 0 0 9

95 Cripe Street

North Kingstown, RI 02852

TEL: 401.295.0044

FAX: 401.268.9885

WEB: qdcri.com

A few examples

• Hexagon Metrology – Corporate headquarters. Manufacturer

of precision instruments.

• Unetixs Vascular Inc. – Corporate headquarters. Manufacturer

of vascular diagnostic systems, research and development and

medical training.

• Dominion Diagnostics – Corporate headquarters. Diagnostic

research and laboratory.

• Goldline Controls – Manufacturer of electronic

chlorination systems.

• Quonset Gateway – 72 acre front door to the Business Park

that will eventually house retail stores, a hotel, restaurants,

and space for new offi ce buildings. In 2009 Kohl’s department

store, Lowe’s Home Improvement store and Rhode Island’s

largest independent grocer Dave’s Marketplace opened

their doors.

• Falvey Cargo Underwriting – Corporate headquarters and offi ces.

Full service cargo insurance and underwriting company.

New CompaniesATTRACTING

A few examples

• Electric Boat Corporation shifted more of its manufacturing work to

Quonset and invested over $30 million in improvements to expand

and create effi ciencies in its submarine construction process.

• North Atlantic Distribution, Inc. (NORAD) expanded its auto import

processing facility, increasing its work force by over 15% and

making Quonset’s Port of Davisville the 5th largest auto importer in

North America.

• Toray Plastics America has its 70 acre corporate headquarters at the

Quonset Business Park. The most advanced fi lm facility of its kind

in North America, it is increasing its production capabilities.

• Ocean State Job Lot is taking full advantage of the Business Park’s

land resources and easy highway access. It has expanded its network

of stores and has added 660,000 square feet to its Quonset

footprint with a new corporate headquarters, distribution center

and warehouse. The retailer’s Quonset based workforce has

increased by 43%.

Existing BusinessesGROWING

• Guides the continuing development of the Business Park for

economic growth and diverse employment opportunities.

• Incorporates specifi c land uses, infrastructure improvements,

and transportation plans.

• Preserves and enhances the unique assets of the Business Park

including extensive water, woodland, historic, and recreation resources.

• Includes a Development Package that outlines requirements and

process for new projects.

Development Under QDC

Master Land Use and Development Plan

PREDICTABLE

2005 – 2009

January 2010

SCIENTIFIC DISCOVERY –“America’s Ship for Ocean Exploration” makes Quonset its Homeport