Business and Development Opportunities
The Rhode Island Airport Corporation (RIAC) is a self-sustaining public agency. RIAC’s mission is to provide safe, convenient aviation gateways for New England through developing, promoting and managing the airport system to stimulate the region’s economic growth and fostering a corporate culture that balances fiscal, civic and environmental stewardship.
RIAC looks to foster the development of aviation and non-aviation facilities and services throughout the airport system in achieving these objectives. RIAC has collaborated with Hayes & Sherry/Cushman & Wakefield for Commercial Real Estate Brokerage Services. RIAC owns a number of properties that are available for resale or Lease. Hayes and Sherry currently provides the following:
- Develop and implement nationwide marketing strategies for the sale, or lease, of RIAC properties.
- Evaluate offers received and prepare narratives and economic analysis of each property.
- Coordinate legal, appraisal, survey, and title work as may be required.
Since 2018, Hayes & Sherry has provided RIAC with these services and since have completed successful transactions on numerous parcels.
Development opportunities available at Rhode Island T. F. Green International Airport as well as Rhode Island’s General Aviation airports are regularly advertised on our procurement page at: https://flyri.com/riac/procurement/
RIAC is proud to support hangar developments such as the current Hangar Development at Quonset Airport (OQU):
As well as the proposed Hangar Development of 3 bulk hangars at Newport Airport (UUU):
RIAC welcomes business development inquiries from parties interested in aircraft hangar construction, land leases, office or operational space leases, or non-aviation uses at Rhode Island’s airport assets. Please direct these inquiries to Mr. Dave Cloutier, Assistant Vice President of Property and Business Development at [email protected] or Nikolas Persson, Vice President of Business Development at [email protected] or (401) 691-2274.
The Rhode Island Airport Corporation is pleased to offer development opportunities for aviation and non-aviation parcels located at the Quonset, North Central, Westerly, Newport, and Block Island Airports. Please refer to the following informational brochures depicting the available development parcels and relative data specific to each airport.
Rhode Island T. F. Green International Airport
Rhode Island T. F. Green International Airport is the largest and most active airport among the six operated by Rhode Island Airport Corporation. Located in Warwick, Rhode Island, the airport offers commercial service and welcomes thousands of general aviation users each year.
Block Island State Airport
Block Island State Airport offers a 2,500-foot runway with aircraft tie-down services and parking apron support. The airport provides essential access to this offshore vacation retreat.
Newport State Airport
Newport State Airport is located in Middletown, Rhode Island, and has two runways: one that is just under 3,000 feet and the second, which is 2,673 in length. UUU serves the corporate community and visitors to the year-round festivals in nearby Newport.
North Central State Airport
North Central State Airport is a full-service airport located at 30 Jenckes Hill Road in Smithfield, RI. It has two runways – one that is 5,000 feet and a smaller 3,211-foot runway.
Quonset State Airport
Quonset State Airport is located in North Kingstown, RI, situated on a peninsula that combines port, rail, road and air transportation facilities, and an extensive industrial park. Quonset Airport has two runways – the longest at 7,500 feet and the second at 4,000 feet.
Westerly State Airport
Westerly State Airport is located in Westerly, RI, and has two runways – one at 4,010 feet and the second at 3,960 feet. The fixed-base operator provides: Self-Service Fueling Station,
Aircraft Tie-Down and Parking Apron Support, Pilot Briefing Center, Passenger Lobby, and Maintenance.
Hangar Space Opportunities
For inquires regarding hangar space at Quonset, North Central, Newport, and Westerly airports, please refer to:
Current hangar waitlist as of November 30, 2023