Land is a strategic tool for economic growth. Cheyney’s campus is situated on 275 acres in one of the most desirable areas in the Commonwealth of Pennsylvania. Close to 400,000 square feet of building space stood unoccupied or underutilized.
Mosaic Development Partners and the Chester County Economic Development Council have been working with Cheyney to assess real estate, chart needs, and pursue opportunities. Cheyney leverages its real estate to attract life science, technology, agribusiness, energy, healthcare, and light manufacturing companies to lease space on campus. Cheyney’s innovative model provides students with hands-on experience, enhances the campus’ role in the region’s economic future, and generates additional revenue, thereby elevating the University into a position of financial strength.
Cheyney is home to a Keystone Innovation Zone (KIZ), an added benefit for early-stage companies. KIZ is a Pennsylvania state program that offers tax credits to companies that locate to one of its designated zones. Herban Farms (agribusiness), Navrogen (cancer research), SureBiochem (laboratory testing), ASI Chemicals, Inc. (pharmaceuticals), Epcot Crenshaw (analytical services), Advanced Alchemy Labs (hemp farming and processing), Sonali Solar (solar panel manufacturing) and American Additive Manufacturing (large-scale 3D printing) are among the companies that have partnered with Cheyney.
These partnerships support the University’s recently launched Institute for the Contemporary African American Experience, created to be a hub for cutting-edge applied research.