Quonset Business Park • 1 6 8 Com panies • 8 ,8 0 0 Jobs Since 2 0 0 5 : 2 ,7 5 0 new jobs Since 2 0 0 5 : $ 1 5 7 m ill. in private investm ent • Port of Davisville is the 7 th largest auto im porter in North Am erica 1
Quonset Business Park Available Land at Quonset = + 356 ACRES 33 PARCELS = AVAILABLE PARCELS 2
Quonset Business Park Recent Highlights: • February – Groundbreaking for World Wide Indoor Sports Facility – Gov. Chafee announces the Port of Davisville is North America’s 7 th largest auto importer • April – 33 available parcels at Quonset are pre-permitted and ready to go 3
Quonset Business Park Recent Highlights: • May – GrowSmart Honors the “Quonset Zone” • June – Gov. Chafee announces Quonsetjobs.com radio ads back on the air – Gov. Chafee, Senators Reed and Whitehouse attend ribbon cutting for mobile harbor crane 4
PORT OF DAVI SVI LLE Dredging Project Sum m ary • A dredging project in the vicinity of the Davisville piers will allow the port to continue to grow. • Recently completed testing and sampling showed no significant contamination or other issues. • Cost of the project is estimated at $7.5 million. – Annual projected debt service of $911,206 over 10 years (4% financing). • This debt will be serviced with increased revenue from the Port and QDC operating funds. • No taxpayer funding w ill be required. 5
PORT OF DAVI SVI LLE Dredging Program Maintenance dredging of existing channel • Dredge to m inus 3 2 feet: – Area to be dredged is shaded in gray – About 260,000 cubic yards – Sampling, testing, and engineering complete. 6
Quonset Business Park Thank You for Your Continued Support 7
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