Cetero Research has seven locations throughout the United States including a facility in Fargo that represents more than 25 years of research experience in clinical pharmacology. This facility has completed more than 5,000 studies including drug interaction studies, TQT studies and bio equivalence studies. This facility features 120 ICU-style hospital beds; an experienced staff of physicians, nurses and clinical staff; and access to a database with more than 120,000 men and women who are available for Phase I-III studies.

 

NAVTEQ develops and supports the GPS navigation software that is used in many in-car navigation units today, including those produced by Garmin, Magellan, and TomTom. NAVTEQ’s production center in Fargo develops digital mapping.

Manufacturing

Bobcat Company, a leader in the engineering, manufacturing, marketing and distribution of construction equipment, has its corporate offices on six acres of land in West Fargo, employing nearly 200.

Farm and construction equipment manufacturer and retailer Case New Holland has a major hub in Fargo, employing nearly 800.

Phoenix International, an electronics systems manufacturer that specializes in rugged electronic components and systems that function under adverse conditions, is headquartered in Fargo employing more than 600.

 

North Dakota State University Research and Technology Park currently resides in six buildings occupying 295,000 square feet over 55 acres. This park represents partnerships between NDSU and numerous businesses to conduct cutting-edge research. This park provides such benefits as state-of-the-art offices, wet and dry laboratory spaces and services, and links to established entrepreneurial support networks.

 

In 1999, Fargo adopted the Renaissance Zone Plan to encourage investment in downtown Fargo. This program has been successful as more than $93 million has been invested in new properties to complete numerous projects. For property investors, the incentives to develop in the Renaissance Zone include a five-year property tax exemption on the value of improvements (excluding land), a five-year income tax exemption on income accruing from the location of the Renaissance Zone project (up to $10,000 per year), and a historic tax credit (state income tax) for 25% of the renovation cost. Additionally, a five-year income tax exemption is available for commercial tenants who lease space in an approved Renaissance Zone project.

 

The West Acres Shopping Center is the largest mall in North Dakota. It features more than 100 retail stores, a 750-seat food court and more than 5,000 parking spaces. West Acres features such prominent department stores as J.C. Penney, Macy's, Sears and Herberger's as well as the Cinema 14 West Acres movie theater.