50 year anniversary question and answer Steven King
Name: Steven King, PE
Title: Managing Director
Company/Firm: Quonset Development Corp.
Years with Company: 1998
Years in real estate industry: 20
Address: 95 Cripe Street, North Kingstown, RI 02905
Telephone: 401.295.0044 X243
Email: sking@quonset.com
Website: www.quonset.com
In what way has the New England Real Estate Journal been a benefit to you and your business? The New England Real Estate Journal has been a tremendous asset to the Quonset Development Corporation for some time. It is a key venue to help educate Rhode Islanders and fellow New Englanders about the growth at Quonset Business Park and how we are helping to move Rhode Island forward. With more than 9,100 full-time and part-time jobs across 175 companies at Quonset Business Park we have a great story to share and we value the New England Real Estate Journal's ability to help tell it.
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary