The Board of Directors of the Quonset Development Corporation (QDC) yesterday awarded a lease option of nearly 14 acres at Quonset Business Park to Cape Wind Associates LLC, which will provide the company with a twelve month option-to-lease the land for one year, with the ability to extend for two additional one-year terms.
Under the terms of the agreement, the QDC will make 11.6 acres of land available within Parcel 17 of the Business Park and 2.2 acres of Terminal 4 at the Port of Davisville to Cape Wind. Both areas would be used for staging and assembly area for offshore wind construction.
Quonset Business Park is now home to more than 175 companies, employing approximately 9,500 people in full-time and part-time jobs across several industries. The Port of Davisville at Quonset is also one of the top ten auto-importers in North America.