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The Shops at Quonset Point are located within the 3,174-acre master planned Quonset Business Park on Narragansett Bay in North Kingstown, RI. The park, a former naval base, is managed by our partner, Quonset Development Corporation (QDC), a quasi-public agency responsible for overseeing the re-use and development of the site.The State of Rhode Island has invested heavily in the transportation infrastructure of the park, including rail, water/sewer and construction of the Route 403 Connector, a 4-lane highway that connects Route 4 to our site.
The Shops at Quonset Point represents a 400,000 square foot retail development at the gateway to the Quonset Business Park, providing much needed retail amenities to a region that has been under-served by retail space. New Boston was designated developer in May of 2005 and construction began in January 2008 with 256,000 SF (nearly 66%) of space already pre-leased to anchor tenants, Lowes and Kohls. The critical junior anchor, local grocery chain Dave?s Marketplace (23,771 SF), was secured and construction commenced on the 75,000 SF in-line retail center in the fall of 2008. Kohl`s officially opened its doors on October 1st, 2008 and Lowe`s held an official board cutting ceremony on January 15, 2009 to celebrate its opening.
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