Editing College Park, Maryland (section)

==Economy==

[[File:IonQ headquarters College Park MD.jpg|thumb|[[IonQ]] and Q-Lab headquarters in College Park's Discovery district]]

The University of Maryland shapes College Park's economy significantly, contributing to over half of the city's total employment and a significant fraction of its population. In 2017 the university rebranded its 150-acre business and research park as the '''Discovery district'''<ref name=":8">{{Cite web |last=Bednar |first=Adam |date=2017-02-03 |title=University of Maryland announces 'Discovery District' |url=https://thedailyrecord.com/2017/02/02/university-of-maryland-announces-discovery-district/ |archive-url=https://archive.today/20231224174841/https://thedailyrecord.com/2017/02/02/university-of-maryland-announces-discovery-district/ |archive-date=2023-12-24 |access-date=2023-12-24 |website=Maryland Daily Record |language=en-US}}</ref> aiming to bring together research firms, start-ups and shops and restaurants.<ref>{{Cite news |last=Spivack |first=Miranda S. |date=2018-11-20 |title=Universities Look to Strengthen the Places They Call Home |language=en-US |work=The New York Times |url=https://www.nytimes.com/2018/11/20/business/universities-redevelopment.html |access-date=2023-12-24 |issn=0362-4331}}</ref> This area is divided between College Park and Riverdale Park.

This Discovery district is home to federal agencies such as the NOAA's [[Weather Prediction Center]],<ref name=":0" /> the FDA's [[Center for Food Safety and Applied Nutrition]] (CFSAN),<ref name=":1" /> and the navy's software factory (the ''Forge''),<ref>{{Cite web |last=Eckstein |first=Megan |date=2021-04-12 |title=Navy Software Factory, The Forge, Wants to Reshape How Ships Get Upgraded |url=https://news.usni.org/2021/04/12/navy-software-factory-the-forge-wants-to-reshape-how-ships-get-upgraded |website=US Naval Institute News}}</ref> as well as university centers such as the Applied Research Laboratory for Intelligence and Security (ARLIS) sponsored by the Department of Defense.<ref>{{Cite web |last=Siddiqi |first=Hafsa |date=2021-12-02 |title=University of Maryland, Department of Defense Celebrate Opening of the Applied Research Laboratory for Intelligence and Security (ARLIS) |url=https://umdrightnow.umd.edu/university-of-maryland-department-of-defense-celebrate-opening-of-the-applied-research-laboratory-for-intelligence-and-security-arlis |access-date=2024-02-04 |website=UMD Right Now |language=en}}</ref>

The Discovery district also includes technology companies generally related to the university. An area that has seen rapid growth in the Discovery district since 2010 is quantum technology. Efforts in this field include [[IonQ]],<ref name=":2" /> a quantum computing company with a market capitalization of $2.8 billion as of December 2023,<ref>{{Cite web |title=IonQ (IONQ) - Market capitalization |url=https://companiesmarketcap.com/ionq/marketcap/ |access-date=2023-12-24 |website=companiesmarketcap.com |language=en-us}}</ref> Quantum Startup Foundry,<ref>{{Cite web |title=Quantum at Maryland |url=https://quantum.umd.edu/ |access-date=2023-12-24 |website=Quantum at Maryland |language=en}}</ref> Quantum Catalyzer,<ref>{{Cite web |title=Lowering The Barrier Of Entry For Quantum Technology {{!}} Quantum Catalyzer |url=https://www.q-cat.io/ |access-date=2023-12-24 |website=Q_Cat MAIN site |language=en}}</ref> and the National Quantum Lab at Maryland (Q-Lab), the nation's first facility providing hands-on access to a commercial-grade quantum computer to the scientific community.<ref>{{Cite web |date=2021-09-08 |title=IonQ and University of Maryland Establish... |url=https://umdrightnow.umd.edu/ionq-and-university-of-maryland-establish-first-of-its-kind-national-quantum-lab |access-date=2023-12-24 |website=UMD Right Now |language=en}}</ref><ref>{{Cite web |last=Daughters |first=Gary |title=Maryland: Maryland Leaps Ahead with Quantum: State support and legacy institutions spark a vibrant crop of startups and corporate partnerships. |url=https://siteselection.com/issues/2023/july/maryland-leaps-ahead-with-quantum.cfm |access-date=2023-12-24 |website=Site Selection |language=en}}</ref> These efforts are part of the university's campaign to further establish the area as the ''capital of quantum''.<ref>{{Cite web |last= |date=2023-09-20 |title=University of Maryland and IonQ Open Quantum Computing Research |url=https://insidehpc.com/2023/09/university-of-maryland-and-ionq-open-quantum-computing-research/ |access-date=2024-02-04 |website=High-Performance Computing News Analysis {{!}} insideHPC |language=en-US}}</ref><ref>{{Cite web |last=Schwartz |first=David |date=2023-04-25 |title=U Maryland looks to build its brand as the 'Capital of Quantum' - University-Industry Engagement Week |url=https://techtransfercentral.com/2023/04/25/u-maryland-looks-to-build-its-brand-as-the-capital-of-quantum/ |access-date=2024-02-04 |website=Tech Transfer Central}}</ref>

Other sectors with a strong presence in the Discovery district are cyber security (Cybrary, Immuta, BlueVoyand, and Inky) and medical devices (Medcura).<ref>{{Cite web |title=Community |url=https://greatercollegepark.umd.edu/community |access-date=2023-12-24 |website=University of Maryland |language=en-US}}</ref> On December 18, 2023, the [[Washington Commanders]] announced that they would be moving their headquarters to the Discovery district in 2024.<ref>{{Cite web |last=Kelly |first=Emilly |date=2023-12-18 |title=NFL's Commanders To Shift Headquarters to University of Maryland's Discovery District |url=https://www.costar.com/article/757237753/nfls-commanders-to-shift-headquarters-to-university-of-marylands-discovery-district |website=CoStar}}</ref> The Discovery district area is considered one of the most important economic drivers in the county.<ref>{{Cite web |last=Neibauer |first=Michael |date=November 20, 2023 |title=On the Road College Park: How the University of Maryland is leading change in the city |url=https://www.bizjournals.com/washington/news/2023/11/20/college-park-maryland-development.html |archive-url=https://archive.today/20231121004550/https://www.bizjournals.com/washington/news/2023/11/20/college-park-maryland-development.html |archive-date=November 21, 2023 |access-date=2024-02-04 |website=The Business Journals}}</ref>

===Top employers===
{{multiple image
| perrow            = 1
| total_width       = 250
| align             = right
| image1            = Iribe Center UMD College Park MD.jpg
| image2            = FDA Center for Food Safety and Applied Nutrition College Park MD.jpg
| footer            = Top: the University of Maryland is the main employer in College Park. Bottom: the FDA [[Center for Food Safety and Applied Nutrition|CFSAN]] is the fourth-largest employer.
}}

According to the College Park's 2023 Comprehensive Annual Financial Report,<ref>{{Cite web |date=Dec 15, 2023 |title=Annual Comprehensive Financial Report 2023 |url=https://www.collegeparkmd.gov/AgendaCenter/ViewFile/Agenda/_01232024-1760 |website=City of College Park}}</ref> the top employers in the city are:
{| class="wikitable"
|-
! #
! Employer
! Employees
!Total city employment
|-
| 1
|[[University of Maryland, College Park]]
|14,505
|49.2%
|-
|2
|[[University of Maryland Global Campus]]
|1,037
|3.5%
|-
|3
|[[National Oceanic and Atmospheric Administration]]
|900
|3.1%
|-
|4
|[[Food and Drug Administration]]
|755
|2.6%
|-
|5
|[[National Archives and Records Administration]]
|732
|2.5%
|-
|6
|[[IKEA]]
|500
|1.7%
|-
|7
|[[IonQ]]
|200
|0.7%
|-
|8
|[[The Home Depot]]
|170
|0.6%
|-
|9
|The hotel at the University of Maryland
|155
|0.5%
|-
|10
|[[American Institute of Physics|American Center for Physics]]
|142
|0.5%
|}