Presentation of Econsult Solutions' findings about the impact made by Rowan University on its host communities of Glassboro, Camden and Stratford.

1. © 2015 Econsult Solutions, Inc. All rights reserved.
Rowan University’s
Contributions to Local
Communities
September 8, 2015

2. © 2015 Econsult Solutions, Inc. All rights reserved.
Rowan is a Large and Growing
Contributor to the State Economy
• $1.23B in total annual statewide expenditure impact
• Supports 9,200 jobs
• Generates $19M per year in state tax revenues
• Will grow significantly in the future as Rowan
continues to expand

3. © 2015 Econsult Solutions, Inc. All rights reserved.
Rowan is a Large and Growing
Contributor to the Local Economy
• Economic engine
• Local tax base
• Boost for local real estate market
• Community-serving resources and initiatives

4. © 2015 Econsult Solutions, Inc. All rights reserved.
Rowan is a Local Economic Engine
Annualized impact in Glassboro: $108M supporting
1,000+ jobs
• From capital investments: $27M over 5 years,
supporting 245 jobs
• From annual operations: $73M supporting 550 jobs
• From student spending: $30M supporting 420 jobs
Rowan has spent $45M with vendors in Glassboro and
Camden in the past 5 years; RowanCard represents an
additional $4M+ per year in local spending

5. © 2015 Econsult Solutions, Inc. All rights reserved.
Rowan Grows Local Tax Bases
• Increased demand for housing close to campus
• Investments = attractive amenities
• Mortgage incentive program for employees
• Real estate market value enhancement: ~$2.5M
(~$5,000 per house within ½ mile of campus)

6. © 2015 Econsult Solutions, Inc. All rights reserved.
Rowan Boosts the Local Real Estate
Market
• $300M investment in Rowan Boulevard has
transformed downtown Glassboro
• $129M student housing complex to open in 2016
• 16 research labs at South Jersey Technology Park =
direct and spillover activity

7. © 2015 Econsult Solutions, Inc. All rights reserved.
Rowan’s Numerous Community-
Serving Resources and Initiatives
• K-12 education
• Medical care
• Art and music
• Volunteerism

8. © 2015 Econsult Solutions, Inc. All rights reserved.
Town-Gown Relations
• True partnership, borne of a sense of shared
commitment and shared mission
• Anchor institutions want their host communities to
flourish
• Service and engagement is part of the educational
model
• Economic and social impact at the local level is at the
core of President Houshmand’s strategic priorities