Governor Carcieri, RIEDC Director Keith Stokes, the Quonset Development Corporation and hotel developers from New Boston Fund, Waterford Development and ProCon broke ground last Thursday for a new Towne Place Suites by Marriott hotel. The 103-guestroom hotel will sit on 4.6 acres across from The Shops at Quonset Point, and is designed for the extended-stay traveler looking for moderately priced accommodations.
“The pace of building and job creation at Quonset has been impressive, in spite of the economic downturn,” said Governor Carcieri.
The development joins eight other construction projects currently underway or recently completed at the Quonset Business Park, home to 164 companies. Quonset has added 2,700 new jobs since 2005, bringing total employment up to 8,842 jobs.
“The fact that the developers were able to finance a hotel in this difficult economy speaks volumes about the depth and breadth of the growth at Quonset – and the potential here,” said QDC Managing Director Steven King.
The new hotel at the Gateway is expected to be the first LEED-certified in the state.