1-25-19

Back Cover C — January 25 - February 7, 2019 — Economic Development — M id A tlantic

Real Estate Journal

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K ent C ounty EDC

Kent County is a scenic peninsula on Maryland’s Upper Eastern Shore of the Chesapeake Bay, ideally situated less than a two-hour drive from Philadelphia, Washington D.C., Annapolis, Dover and Northern Virginia. It is home to two designated Main Streets, an Arts & Entertainment District, several worldwide manufacturers, historic Washington College, and one of the largest marina communities in Maryland. Kent County is Open for Business Kent County is actively providing businesses grow. The County has implemented a 110-mile fiber optic broadband network for high speed/ gigabit connectivity. Portions of the County are located within an Opportunity Zone, Commerce Zones, an Enterprise Zone, and a HUBZone. The office of Economic Development works with incentives and workforce development tools to help

businesses to identify the tax credits they are entitled to for locating to, and growing within, those designated zones. The County offers access to programs including the Maryland Commercial Property Assessed Clean Energy (MD- PACE) Program. Chestertown Business Campus The Chestertown Business Campus is one of the largest economic development projects in the county’s history. The 80-acre site will be home to Dixon Valve & Coupling’s new distribution facility, new corporate headquarters, a new manufacturing facility, and a new facility for the growing Kent Athletic & Wellness Center. The site has also been

completed distribution facility. Phase II includes a 60,0000 square foot headquarters building and is expected to be completed in the Spring of 2020. A Gigabit County Kent County has completed the backbone implementation of a 110- mile fiber optic backbone throughout the county. The county has entered into a public-private partnership with Kent Fiber Optic Systems to provide public institutions with high-speed reliable internet access. KentFOS’ open access network allows Internet Services Providers the ability to offer 1G service to businesses and residences. The primary goal was to enhance the infrastructure needed to support new and existing businesses and organizations in Kent County, particularly affordable, robust, and high capacity internet access. By taking this action, the county is expanding the competitive

capability of local businesses and organizations and providing more jobs and opportunities for residents. Additionally, this infrastructure improves the ability to attract new residents and businesses to the County. Roadway Accessibility Kent County is situated with portions of US-301 and Route 213 running through the county. Route 301 provides easy access to Annapolis, Washington D.C., and the state of Delaware, and connects all the way to Sarasota, Florida. This roadway enables transportation for both commercial and private vehicles throughout the region and is in a designated growth area for the county. Route 213 offers access to the neighboring counties and the state of Pennsylvania, as well as connections to Interstate 95 and Route 40, enabling delivery of regional products and services throughout the state of Maryland.

approved for six apartment buildings and commercial speculative space for other

businesses to locate in Chestertown. Phase I of the project includes the 188,000 square foot recently

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