Monday, October 8, 2007

Camden "...creating a high-tech cluster of businesses with high-paying jobs."

Just across the river, our sister city of Camden is incubating what we all hope will be a honeypot of high-paying IT jobs. The five-story tower of chrome and glass buzzing with activity two blocks from the Delaware River is the Waterfront Technology Center. It's been open for about 2 years now, is 60% occupied, and when fully leased, will accomodate nearly 400 workers. With rent, utilities, Internet access and other office expenses in the tech center running about 50 percent to 75 percent less than market value, its supporters (Rutgers and Drexel universities and state and federal governments) intend to nurture struggling startup companies with the hope that they expand nearby, creating more inner-city jobs.

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