A rendering of the Stockton Aviation Research and Technology Park — Courtesy: Stockton University
By Joshua Burd
Atlantic County officials have hired Colliers International Group to market the first piece of the new Stockton Aviation Research and Technology Park, the firm announced.
Brokers based in Colliers’ Mount Laurel office will work on behalf of the Atlantic County Improvement Authority, which owns and operates the campus in Egg Harbor. Construction on the first phase, a three-story, 66,000-square-foot building, got underway in May, giving way to what will include a 7,000-square-foot Federal Aviation Administration lab and office space and additional space for other users.
Plans also call for classrooms, conference rooms, a rooftop lounge and high-speed connectivity to the William J. Hughes Technical Center, which is adjacent to the 58-acre campus.
“The Stockton Aviation Research and Technology Park is an exciting project,” said Tony DiDio of Colliers International. “After a decade of planning, it arrives at a crucial time for Atlantic County. The park will be instrumental in developing an aviation industry and ensuring a healthy economic future.”
“The park’s affiliation with FAA vendors and companies they attract will help create high-paying, quality jobs.”
DiDio will join Evan Zweben and Joe Fetterman in marketing the property on behalf of the long-awaited research park, which is a nonprofit auxiliary organization of Stockton University and a collaboration of industry, academia and government. They said the space offers the opportunity for aviation and aviation-related companies to work closely with the FAA, academic institutions and industry peers on next-generation technology, along with the chance to participate in federally or privately funded research.
They also noted that the property sits next to the Atlantic City International Airport.