Greater Newport faces ‘critical’ commercial real estate shortage as economy expands

Christopher Allen

09/28/2026

GREATER NEWPORT COULD NEED NEARLY 1.5 MILLION SQUARE FEET of new commercial and flex space over the next decade to accommodate projected job growth, according to a new study commissioned by the Greater Newport Chamber of Commerce./COURTESY INNOVATE NEWPORT

NEWPORT – Greater Newport could need nearly 1.5 million square feet of new commercial and flex space over the next decade to accommodate projected job growth, according to a new study. The report by Fourth Economy Consulting, commissioned by the Greater Newport Chamber of Commerce, projects that the regional economy will add nearly 1,700 jobs

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