Category: Department of Recreation

How Kevin Seawright is Spurring Economic Development in Newark through Newark CEDC

Kevin Seawright is an experienced financial and operations management guru. Currently working as the head of Newark Economic Development Corporation (Newark CEDC), Kevin has made a name for himself in the circles of economic strategies development.

His excellent record of accomplishment as a financial executive and expertise for guiding firm reorganization strategies across New Jersey has earned him prestigious accolades and jobs. Newark CEDC speeds up economic development in New Jersey through luring, expanding, and retaining companies in Newark and promoting real estate development in the entire city.

Contributions to the financial services sector

Kevin Seawright has specialized in accounting, diverse capital management, and operations leadership. He has capitalized on his 15 years of financial experience to transform communities that reside on the East Coast.

He has handled financial management projects on behalf of local government agencies. Previously, Kevin worked with Aging and Retirement section of Baltimore’s Commission. As the fiscal officer, he created and implemented a state-of-the-art accounting system that saved the organization over $100,000.

Achievements in the real estate sector

According to Crunchbase, Kevin Seawright worked with Baltimore City’s Housing Authority as the payroll manager. Later on, he ascended to the position of finance director still under the section of the housing and community development.

Eventually, he joined the Department of Recreation and Parks as the CFO. His tenure as a senior worker of Baltimore City ended with his employment as the deputy COO in the education industry. He served in the education sector for six years. Kevin acquired expertise in the development of real estate and small businesses, after serving as an executive director of Washington, D.C.-based Tito Contractors.

What is Newark CEDC?

Newark CEDC fosters economic development in Newark. It opened its doors back in 2007 as Brick City Development Corporation (BCDC). In 2014, the firm implemented a unique reorganization plan that saw it change its name to Newark Community Economic Development Corporation.

The company’s primary mission is to speed up real estate development across 20 diverse neighborhoods of the Newark City. It partners with the Department of Economic & Housing Development of Newark, to launch and implement economic development initiatives to generate and maintain economic growth, create jobs, and produce wealth for the residents of Newark.