Quonset Development Corp. awarded $11.1M for pier upgrades

QUONSET DEVELOPMENT CORP. has been awarded a $11.1 million grant for a pier upgrade PROJECT at the Port of Davisville. / PBN FILE PHOTO/MICHAEL SALERNO
QUONSET DEVELOPMENT CORP. has been awarded an $11.1 million grant for upgrades at the Port of Davisville. / PBN FILE PHOTO/MICHAEL SALERNO

NORTH KINGSTOWN – Quonset Development Corp. has been awarded an $11.1 million federal grant for a pier upgrade, Sen. Jack Reed, D-R.I., announced on Friday.

The funds, which come from the U.S. Department of Transportation’s Maritime Administration, will allow QDC to continue with its plan to upgrade the South Berth at Pier 1 in the Port of Davisville. The upgrade will allow roll-on, roll-off cargo vessels into the berth for the first time, and will include structural repairs.

Preparing for Potential Tax Changes

The upcoming 2024 election will have a major impact on tax policy, specifically provisions created…

Learn More

The QDC will match the grant with $6 million for the project, with the total cost projected to be $17.1 million.

Reed said that the upgrade to the pier will help the port meet the demands of increased auto shipments and other commercial activity, including offshore wind development.

- Advertisement -

No posts to display