Messenger - Vol. 1, No. 2, Page 3
Winter 1992
Ground broken for technology park
Ground was broken in January for the new Delaware Technology Park, the
first phase of a joint effort by the state, the University and private
business to develop new technologies and markets for composite
materials.
     When totally completed in the year 2000, the park, which is
located off Route 72 next to the College Square Shopping Center in
Newark, will consist of a series of buildings covering approximately
300,000 square feet. The first building will house a new Du Pont
Advanced Composites Technology Development Center and the Institute
for Applied Composites Technology (IACT). This building will be ready
for occupancy in December.
     The IACT is a non-profit umbrella organization comprised of
representatives from the state, the University and industry. By
linking research and manufacturing interests, IACT will seek to speed
up applications of composites by coordinating technology development
programs and removing barriers to commercialization of products.
     The University has leased 40 acres to the state for the $8
million park, and the state has appropriated $6 million in capital
funds for the project.