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Resource ID: #25913
Subject: Economics
Source: Press of AC
Affiliation: 
Date: 2024-12-07

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Description

When the NextGen Aviation Research and Technology Park was first announced in 2005, it brought with it hopes for diversifying Atlantic City region's casino dependent economy with the promise of 2,000 high-paying engineering jobs. The series of stories produced by The Press of Atlantic City showed that the project's expectations had been grossly overstated and several opportunities for progress were squandered while political interests kept the project afloat. Subsequent investigations revealed that a quasi-governmental agency at the forefront of the project had fallen into significant debt and stopped completing audits. Meanwhile, the agency's leader continued to receive significant raises without required board approval.

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