Politics & Government
Atlantic County Awarded $3M Grant For New Research Facility
The planned two-story research office building will house at least three aviation technology companies.
ATLANTIC COUNTY, NJ — Atlantic County was awarded a $3 million USEDA grant toward construction of a second building at the National Aviation Research and Technology Park (NARTP) in Egg Harbor Township.
The planned two-story, 40,000 square foot research office building will house at least three aviation technology companies and is located within a designated federal Opportunity Zone.
“This project will help strengthen Atlantic County’s growing aviation cluster, attract additional investment and help bring much needed diversification to the regional economy,” said County Executive Dennis Levinson in a statement.
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The estimated cost of the new building is $11 million. The project is expected to generate an additional 165 technology-based jobs.
The first NARTP building was completed in 2019 and is fully occupied. It resulted in 300 new jobs.
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“I am incredibly pleased to see the NARTP move to the next level of development so quickly,” said Levinson. “Atlantic County has played a key role in the advancement of the NARTP because we recognized the potential of aviation as an economic catalyst and the need to broaden our economy and become less dependent on tourism and gaming alone."
Levinson also expressed his gratitude to Senators Robert Menendez and Cory Booker, and Congressman Jeff Van Drew, for their active support in helping Atlantic County receive this award.
“Considering the present partisanship in Washington, D.C., it’s refreshing to see our representatives working toward a common goal,” he said.
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