Benefits & Opportunites

Business_1Newark offers the pleasant atmosphere of a small town coupled with the vitality and diversity of a bustling university community.

As the commercial center of western New Castle County, Delaware, nearby Cecil County, Maryland, and southeastern Chester County, Pennsylvania, Newark offers a wide variety of distinctive stores and businesses that cater to every shopping need with NO SALES TAX. Newark retailers provide shoppers with the latest and finest merchandise and services. In addition, most Newark businesses are owner-operated ensuring personalized customer service and top-quality products. As a result, downtown Newark has a large and loyal customer base.

Newark also has an abundance of first-rate restaurants, offering menus diverse enough to please any palate and purse. A wide variety of take-out foods are also available throughout the city.

While you visit to browse or dine, take a moment and notice the architecture on the street. On Main Street you will find outstanding examples of commercial and residential styles, ranging from the late 18th century to the present. In fact, no two buildings on Main Street are alike.

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The Downtown Newark Partnership is looking for unique, quality businesses. Currently, businesses targeted for recruitment are:

  • Apparel and Accessories (Men's, Women's and Children's)
  • Home Accessories
  • Gourmet Grocery
  • Shoes
  • Art
  • Small Boutique Hotel/Inn
  • Craft Stores with Lessons
  • Party Supplies
  • Paint Your Own Pottery
  • Fine Dining
  • Gifts, Stationery, Cards

If you are seeking commercial opportunities, Newark is the place to be. The city's retail trade area, demographic profile, and municipal and private facilities make Newark an ideal home for you and your business. Newark is a full-service municipality with extremely low property taxes and cheap, reliable electric service. It has an internationally accredited police department, clean and plentiful water, excess sanitary sewer capacity, beautiful parks and recreation areas, and a vibrant, thriving, exciting downtown.

Among its services to businesses, the city provides special tax incentives for downtown development, offers 0% interest improvement loans for business facades, and manages and operates downtown off-street parking lots, including a discount parking validation program subsidy for local merchants. In addition, targeted businesses are eligible to receive a $1,500 credit/grant toward their City of Newark utility bill.  City staff is proud of our community and is ready, willing and able to help quickly guide you through the development review process and site selection.

Check out just some of the reasons you should consider Newark, Delaware for your business:

  • Forecast Newark trade area population (2015) — 
63%
    between the ages of 20–64 = 180,000
  • Highly educated population — 
55% awarded degrees beyond high school
  • Projected average household income (2015) — $ 59,000
  • City-wide traffic count — over 200,000 daily trips
  • Municipal off-street parking — 651 spaces
  • Metered, center-City on-street parking — 385 spaces
  • Total retail product demand — $880 million
  • Main Street traffic count — 50,000 daily trips
  • Downtown University of Delaware garages — 1,304 spaces
  • Downtown private off-street parking — 932 spaces
  • UD enrollment — full-time undergraduate students — 15,000
  • UD enrollment — full-time graduate students — 3,000
  • UD faculty and staff — 4,000
  • Extremely low unemployment rate — only 2.9%
  • Location, location, location
    • Wilmington — 18 miles
    • Philadelphia — 35 miles
    • Baltimore — 68 miles
    • Washington, DC — 96 miles
    • New York, NY — 134 miles

Best of all, there IS room for you!

 

Bring Your Business to Historic Downtown Newark, Delaware!

Make a difference on Main Street — OUR Main Street! In downtown Newark, Delaware.

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Annual Downtown Newark Partnership Events

The DNP is always looking for partners to supply our year-round calendar of events. Particularly, annual retail events like Restaurant Week (January), Newark’s Wine & Dine Downtown (April), and Downtown Newark’s Food & Brew Fest (July) offer tremendous opportunities to promote your business to the thousands of guests these events draw to downtown. For more information about sponsoring these events, please contact Community Information Officer Megan McGuriman at mmcguriman@newark.de.us

Annual City Events

Newark's many annual events serve as additional opportunities for sponsorship. The sponsorship can be title sponsorship, stage or performance areas, activity areas, marketing and promotional material, and/or general sponsorship. Annual events include Community Day, the Halloween Parade and Winterfest.

To take advantage of sponsorship for any of these annual city events, please contact Sharon Bruen at (302) 366-7000.