Mid Atlantic Real Estate Journal — September 13 - 26, 2013 — A
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Greater Newark Economic Development Partnership Greater Newark: It All Adds Up
H
ave you ever been to Newark, DE? If not, you’ve certainly heard
secured co-generation plant. It will also bring thousands of construction jobs during a three- year construction timeline, and nearly 300 full-time and 50 part- time jobs during operation. Central to wherever you want or need to be in Delmarva, the Greater Newark Area has a great story to tell: It all adds up for businesses and residents alike. With convenient access to road, rail, air and sea trans- portation, businesses will be positioned in the heart of the 35 million people of the NY- Philadelphia-DC megalopolis, in a family-friendly, affordable setting. n
of or read about Vice President Joe Biden, NJ Gov. Chris Chris- tie, Super Bowl MVP Joe Flacco or WNBA All-Star Elena Delle Donne. What do they have in common? They all attended the University of Delaware, the flagship of higher education in Delaware, located in bustling downtown Newark. But local leaders isn’t all Newark has to offer! Global leaders such as Air Liquide, AstraZeneca, Chris- tiana Care, DOW Chemical, DuPont, W.L. Gore, FMC, GE Aviation and Siemens Health- care Diagnostics have chosen to locate in the Greater Newark Area because of its strategic location in the Mid-Atlantic near Interstate 95, its highly educated workforce, its proxim- ity to a top research university and its responsive local govern- ment—as well as a quality of life that’s affordable, fun and family-friendly. The advantages to setting up shop in Newark are a result of a concerted effort of the univer- sity, the local government and the business community to move Newark into a new era. When DaimlerChrysler closed its auto- mobile plant in Newark in 2008, the loss was felt throughout the community. During the height of its productivity, Chrysler had employed 5,500 full-time employees. For a town of ap- proximately 32,000 people, the plant’s loss was dramatic—but it also fueled a real renaissance of Greater Newark. Looking to the future, the University of Delaware pur- chased the 272-acre Chrysler site in 2009, rebranding it as the Science Technology and Advanced Research (STAR) Campus—an investment in innovation, research and aca- demia—to create space for labs, health-science initiatives, housing, retail, offices and tran- sit space. Its first occupant, Bloom Energy, recently opened its East Coast operations at STAR Campus. The company manufactures Bloom Energy Servers—also known as a Bloom Box—an innovative distributor power generator that produces clean, reliable and affordable electricity. The university has also inked a deal to bring The Data Centers, LLC, to STAR Campus. The $1.1 billion project includes construction of a man- aged data facility with its own
Science Technology and Advanced Research (STAR) Campus
QUALITY OF LIFE
ACCESS
LOCATION WORKFORCE UNIVERSITY OF DELAWARE
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(302) 294-2067 info@greaternewarkde.com www.GreaterNewarkDE.com
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