Open for Business
Newark Community Economic Development Corporation (Newark CEDC), is the primary economic development catalyst for the State of New Jersey’s largest city, Newark. It is organized to retain, attract and grow businesses, enhance small and minority business capacity, and spur real estate development throughout the City’s 20 diverse neighborhoods.
As a business development company whose sole client is the City of Newark, Newark CEDC collaborates with the Newark Department of Economic & Housing Development to initiate and execute economic development activities to produce and sustain economic growth, generate jobs and create wealth for the citizens of Newark.
I want to learn more about doing business in Newark
Hospitality and Recreation
The top of the line entertainment in NJ, Newark hosts over 3 new hotels in the Downtown area, cultural institutions with long histories and some of the oldest duthc colonial architecture in the area. With the Red Bulls Arena, NJPac and the Prudential center hosting the NHL New Jersey Devils.
Air, Rail, Auto, and Port
Newark holds the greatest diversity of the distribution channels in the Northeast corridor. With the 3rd largest port in the country providing over 300,000 jobs to the region, the Airport, and the host of major highways that traffic the eastern seaboard, Newark is one of the most cost effective cities to locate your businesses’ operations.
Home to some of the world’s leading companies, with 10 000 , private private, businesses businesses, employing 140,000 people with 22 million SF of office space. With 4,500 Units in Pipeline and more than 500,000 sqft of new pipeline coming on in 2017.
Creating Neighborhoods and Jobs in all Five Wards
We are promoting jobs and supporting resilient communities throughout the five wards.
high-skilled Workers reside in region with
students in Newark Universities and Higher Education
20 Minutes via Train to Midtown Manhattan/World Trade Center
0 Minutes to Airport
0 Minutes to Port
In the heart of the New York Metropolitan region of
people, the largest consumer market in the U.S.
A very diverse base of Businesses and Industries