PRESS RELEASE

North Kingstown, RI – Green Development Chairman and Founder Mark DePasquale announced this morning that he will be relocating the company’s headquarters from their current location on RT 2 in North Kingstown to the Chapel View property in Cranston. Green Development will occupy the 5th and 6th floors of 2000 Chapel View Boulevard, which is currently being renovated. Green expects to take occupancy by December 7th.

“The increased space will accommodate my entire development team as we had simply outgrown our existing headquarters. The move to Cranston will also allow us to be more centrally located to our projects.  At Green, our focus is developing renewable energy projects that benefit Rhode Island while providing a great working environment for our employees. The move to Chapel View provides us that opportunity to support our employees with the creative space required to achieve our goals,” said DePasquale.

“Carpionato Group is thrilled that Green Development, one of the regions fastest growing renewable energy generators and developers, has chosen Chapel View to be the site of its new corporate headquarters,” said K. MacArthur Coates, president and CEO of Carpionato Group. “Since its inception, Chapel View has been an incubator for economic development, and the decision by Green Development to locate here is validation that our mix of retail, office and living space all in one area is what innovative companies are looking for when seeking to expand.”

Green will continue to use their North Kingstown location as an operations center. The move will expand Green’s HQ footprint from approximately 5,600 SF to over 22,000 SF. Green is one of the largest developers of utility-scale renewable energy projects in Rhode Island with 48MW under operation, 20MW currently under construction and another 180MW of projects in the development pipeline.

“Renewable energy is one of the sectors that will continue to produce the jobs of the future for Rhode Island. We have had the opportunity to continue to grow and put Rhode Islanders to work at all levels of the economic ladder. We are committed to keeping our headquarters in Rhode Island,” added DePasquale.

Green currently has 56 full-time employees (with plans to hire at least 4 more employees by the end of the month) and utilizes over 100 subcontractors to support, construct and maintain their wind and solar projects in over 15 municipalities in Rhode Island.

DePasquale had been working on designing a new corporate headquarters in North Kingstown for the past eight months. Due to rapid growth, they opted to sign a 10-year lease at Chapel View to accommodate their growing staff and operations in a timelier manner.

Contact: Bill Fischer | 401-862-4652

Links to local coverage:

https://pbn.com/green-development-moves-headquarters-to-chapel-view/

https://www.golocalprov.com/business/green-development-to-relocate-headquarters-to-cranstons-chapel-view

http://cranstononline.com/stories/green-development-moving-hq-to-chapel-view,145548?

http://johnstonsunrise.net/stories/green-development-moving-hq-to-chapel-view,145548?