masthead

COUNTY COUNCIL ADOPTS LEGISLATION ESTABLISHING SCIENCE AND TECHNOLOGY BUSINESS DISTRICT


For Immediate Release: 3/18/2014 9:00 PM

Contact: Angela Rouson 301.952.7484 CouncilMedia@co.pg.md.us

CR-7-2014 Spurs Economic Development; Encourages Technology, Life Science and Bioscience Industries in Prince George’s County
 
 
The Prince George’s County Council unanimously adopted CR-7-2014 on Tuesday, March 18, 2014, legislation establishing a Prince George’s County Science and Technology Business District. 
 
Council Member Eric Olson (D) – District 3, sponsor of the legislation, says Prince George’s County must capitalize on the unique strengths of the science and technology corridors in the northwestern areas of the County.
 
“Prince George’s County has a great deal to offer in the area of science and technology, and we want to take a proactive approach in promoting the types of opportunities that spur economic development and bring these types of industries to the area. This legislation can help us keep science and tech businesses in the county that are being incubated at the University of Maryland, and help us attract additional science and technology jobs.”
 
Given its strong federal research and academic presence, Prince George’s County is uniquely situated to attract and promote the technology, life science and bio science industries.  Home to the University of Maryland at College Park; M Square Research Park; Beltsville Agricultural Research Center; NASA-Goddard; U.S. Army Research Laboratory; and the planned Howard University Research Park, Prince George’s County is well positioned to bring significant benefits, as well as public and private sector job opportunities to the area.  
         
Under CR-7-2014, the Science and Technology Business District will be composed of the Greater Beltsville, College Park, Riverdale, Riverdale Park, Berwyn Heights and Greenbelt areas.  Additionally, the legislation will make room for an expedited review and approval process for qualified science and technology projects within the District, and provide tax incentives for qualified businesses in the technology, science and biotech industries.   
 
 -0-
 
 All legislative powers of Prince George’s County are vested in the County Council.  The County Council sits as the District Council on zoning and land use policy, and as the Board of Health to govern and guide health policy.  The County Council meets as a legislative body on Tuesdays in the Council Hearing Room on the first floor of the County Administration Building in Upper Marlboro.  For more information on the Prince George’s County Council, please visit www.princegeorgescountymd.gov.