Research Park Set For FAA Tech Center Nov 25, 2008 08:48 PM
FAA announced that its William J. Hughes Technical Center in Atlantic City, N.J., has entered into a lease and memorandum of understanding with the South Jersey Economic Development District to build an aviation research and technology park adjacent to the tech center. The lease transfers control of 55 acres of tech center property for construction of the complex.
The park will offer a central location for FAA's partners to perform research, development, testing, integration and verification of the technologies, concepts and procedures required by NextGen, the agency said. The park will be built at no direct cost to FAA.
In a fact sheet on the planned park, FAA noted that: the park has the capacity to accommodate 400,000 square feet of technology-oriented space; more than 2,000 new, high-skill jobs might be created at build-out adding to the existing labor force of 3,000 at or in support of the tech center; the first building will be about 44,500 square feet and cost nearly $10 million; initial infrastructure costs associated with park development are estimated at $8 million.
FAA announced that its William J. Hughes Technical Center in Atlantic City, N.J., has entered into a lease and memorandum of understanding with the South Jersey Economic Development District to build an aviation research and technology park adjacent to the tech center. The lease transfers control of 55 acres of tech center property for construction of the complex.
