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PARK STATISTICS

The NDSU Research & Technology Park represents a major initiative to stimulate exported service activity in the form of university and industry research & development (R&D) activities. This information, completed in October 2006, is intended to estimate the economic impacts associated with the various aspects of the park and NDSU.

 

 

NDSU Annual Research Budget  $100,000,000
Annual Outlays to People or Entities in North Dakota  $78,400,000
Direct and Secondary Impacts Annually  $234,900,000
   
Total Economic Impact of RTP Construction Projects:  

Phoenix International

 $12,215,000

Research 1

 $14,902,000

Research 2

 $54,790,000

Alien Technology

 $25,652,000

Candlewood Suites

 $9,782,000

Technology Incubator

 $10,749,000

Appareo Systems

Total

$9,000,000

$137,090,000

   
Total Employment in Research Park  511
Average Annual Salary  $51,000
Estimated Annual Contributions to North Dakota's Economic Tax Base  $2,600,000