Newark CEDC, formally known as Brick City Development was founded in 2007 has become the main development catalyst for the largest city of New Jersey. The city of Newark is the CEDC’s sole client and as a business development company they have used strategic planning and marketing to bring the city back to its former glory. The CEDC has done tremendous marketing and helped Newark regain popularity which has lead to a rise in interest for tourists and businesses and helped stabilize the centralized economy of the city. They’ve also done wonders for the real estate development which intern generates more residents to continue shopping and working at the businesses taking root in the city.
Recently, the CEDC has appointed Kevin Seawright as one of the new leaders of the company and look forward to his work he plans on doing for Newark. Seawright has been in in financial business for thirteen years and has helped multiple cities along the east coast with his expertise. Most of his experience has been in financial management for government agencies. One of his many accomplishments as the Managing Fiscal Officer of Baltimore’s Commission on Aging and Retirement was the original design and then implemented accounting system that went on to save the agency over $100,000 in funds.
He bounced around, holding many different titles such as Payroll Director of the Housing Authority and Finance Director of the Homeless Services within the Department of Housing and Community development. He worked with great pride in the city of Baltimore for many years, saving money and helping the community with each department he was apart of. He also went on to hold the position of Deputy Chief Operating Officer in the education department, which he proudly held for six years. He also spent some time working in DC as a strategic partner director for Finance and Human Capital at Tito Contractors, giving him experience in real estate and small business.
The CEDC partners with the Newark Department of Economic and Housing Development to better help the city of Newark. The pair focuses on maintaining economic development to produce and sustain growth within the city, and augment small business capacity to continue to produce jobs within the community. With the already well standing reputation and results of the CEDC coupled with the experience of Seawright, the city of Newark will continue to thrive for years to come.