I recently asked about Newport market. Someone replied that there is significant job creation occurring there. More info-details on this?Thanks, Kate

Kate
Other/Just Looking
Jamaica Plain, MA

Answers (1)
Arthur Chapman
Broker
02840
FIRST ANSWER

The Navy is adding between 300 to 500 full time jobs at the base in Newport. The student population at the base will also increase from current 6,000 to 16,000. These increses will occur in the next 12 to 18 months. There is $200M in construction that is ongoing. They are building a cold water training pool for the US Navy Pilots - remember Officer and a Gentleman movie? Also building a pool to test unmanned submarines - this will also create a good amount of white collar jobs - engineers, software, etc.

I would be happy to discuss in detail at your convenience.

Mon Oct 19 2009, 06:54

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