Atlantic Co. Awards $14M Contract for New Technology Park Building

A contract has been awarded for the building of a second building at Egg Harbor Township's National Aerospace Research and Technology Park.

According to a release on the Atlantic County website, the Atlantic County Improvement Authority has awarded of a $14.3 million construction contract to T.N. Ward.

Construction is underway for the 40,000 sq. ft. research and office facility and is expected to be completed in 16 months. The park's first building was completed in 2019.

Denny Levinson: “We built it and they did come"

Atlantic County Executive Denny Levinson took a victory lap in the press release announcing the contract for the second EHT Technology Center building.

“The first building is fully occupied and continues to attract interest. Space was recently modified to accommodate three new tenants. We built it and they did come, despite the naysayers. And now we are building again as demand grows to take advantage of the assets we have here in Atlantic County.”

The 58-acre park is adjacent to Atlantic City International Airport and the FAA's William J. Hughes Technical Center in Egg Harbor Township, giving it real-time, high-speed connectivity to FAA data systems and laboratories

The Aerospace Research and Technology Park is the state’s only designated aviation district.

Present Occupants

Occupants of the first building include General Dynamics, Woolpert, the National Institute of Aerospace, the FAA, and the Atlantic County Institute of Technology.

According to Atlantic County, General Dynamics consolidated its space to provide space for two new tenants:

Applied Research Associates, a federal scientific research and engineering contractor, and Quecon, Inc., an engineering consultant.

A third new tenant, Signature Sciences, took the space previously occupied by Thunderbolt.

An online ad for the complex highlights the tenant amenities, state-of-the-art video conference room and meeting space, and a 6,000-SF rooftop deck and convenience to local major highways.

Funding for the Building

Atlantic County says that the funding for the second building will come from federal, state, and county money including a $3 million grant from the US Economic Development Administration; a $5 million grant from the NJ Department of Community Affairs; $2.5 million from Atlantic County; and an anticipated $8 million investment from the NJ Economic Development Authority.