Mid Atlantic Real Estate Journal — Economic Development — January 25 - February 7, 2013 — 31A


E conomic D evelopment

he Greater Newark, Delaware area is a strategic mid-Atlan- By Michael F. Smith, Greater Newark Economic Development Partnership Greater Newark, DE: A strategic mid-Atlantic hub for business T begun with Bloom Energy’s manufacturing center, where they will create the fuel cells used in their Energy Serv- ers. Greater Newark also features top quality healthcare options such as Christiana Hospital and Nemours/Alfred I. duPont Hospital for Children.

tic hub for business launch, growth and success—and hosts a community in which the world’s leading companies, as well as innovative startups, thrive. With convenient ac- cess to road, rail, air and sea transportation, your business will be positioned in the heart of the 35 million people of the New York-Philadelphia-DC megalopolis. Greater Newark is home to the University of Dela- ware—a world-class, research institution, whose faculty and students help make it a diverse, educated area ideal for innovative businesses. The University of Delaware is the flagship of higher education in Delaware and is ranked in the top 100 national universi- ties by U.S. News and World Report. Companies in Greater New- ark are counted among the ranks of research and tech- nology industry leaders—in- cluding W.L. Gore, Du Pont, Dow, Siemens, AstraZeneca, and Christiana Care. This influential network of busi- nesses—along with Delaware’s academic and political lead- ers—has been an invaluable asset to startups and industry leaders in R&D, pharmaceuti- cals, engineering and science innovation —all located in Greater Newark. Much of the success of com- panies based in Greater New- ark can be attributed to the area’s highly skilled work- force—which features a con- centration in technology and engineering that exceeds the national average. Over 50% of the city’s residents have at least a four-year college de- gree, which is more than twice the national average. And facilities such as the Delaware Technology Park and the University’s new Science, Technology and Advanced Research Campus provide the backbone for growth in world- class research and innovation. STAR Campus is a 272-acre site that the University envi- sions having a science and technology campus with up to 5 million s/f of multi-use space including labs, health-science, housing, retail, office, and transit spaces. Development of the STAR Campus has already

It’s not all business in New- ark—the area is home to a vi- brant community with a high quality of life, and features a youthful, energetic lifestyle. The youthful, energetic life- style of downtown Newark features an award-winning Main Street with shopping and dining, arts organizations like the Newark Arts Alliance and Roselle Center for the Arts, and all of the activities of the University of Delaware.

For innovative companies, it all adds up: easy access to major cities, a highly edu- cated workforce, a world-class research university and a vibrant culture and quality of life. Greater Newark, Delaware, it all adds up! Michael F. Smith is man- ager of Greater Newark Economic Development Partnership. n

Christiana Executive Campus







(302) 294-2067 info@greaternewarkde.com www.GreaterNewarkDE.com

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