The Economic Development Authority has approved close to three million dollars for construction of a Cape May County Multi-Tenant Technology Building, otherwise referred to as, Cape May County Tech Hangars II. This $2.98 million dollar EDA grant award will support the construction of an approximately 16,434 square foot two-story building, located across from the Cape May County Tech Hangar I, intended to recruit occupancy of technology related companies/startups, like those currently leasing space in the County’s Tech Hangar I.