Research Paper on:
SWOT ANALYSIS: PATUXENT BUSINESS PARK

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Park, located in Calvert County in Maryland. Ground is anticipated to be broken on the project some time during 2004. Overall, once  completed, the 92-acre business campus will offer 650,000 square feet of both class A and flexible space (PR Newswire, 2003). The county and state officials have praised this particular project  as a good example of how state and county resources can work together to bring development to the county and the city.  Strengths. One of the main strengths of this project is the location - Calvert County is considered a huge place of business growth for Maryland (PR Newswire, 2003). Given  that, a great deal of money and resources are being poured into the project; this is considered one of the largest economic developments in the county (PR Newswire, 2003). Washington  D.C. is 30 miles away, as are Baltimore and Annapolis, making this a fairly good and central location. In addition, the project  is located near the Patuxent River Naval Air Station (a major source of employment for the area) as well as the Lusby Town Center (PR Newswire, 2003). The campus, once  completed, will be located seven miles north of the Naval Air Station (Patuxent Business Park, 2004). In addition, the campus is adjacent to Solomons Island, which is a resort destination  (Patuxent Business Park, 2004). Because of the campuss importance to business development, the Maryland Economic Development Assistance Fund has invested $2.5 million  to help in construction, site preparation and other related costs of the first building, a 22,000-square-foot office building (PR Newswire, 2003). In the meantime, the Calvert County Economic Development Authority