Denver-based Quark, Inc., makers of InDesign-rival professional desktop publishing software QuarkXPress, is building its own city in Mohali, Punjab, India.
After 18 months of planning, the foundation stone was laid by Punjab Chief Minister Captain Amarinder Singh early this morning (U.S. time). The chief minister hopes the project will generate “25,000 direct and 100,000 indirect jobs.”
Said Quark chairman and former CEO, Fred Ebrahimi during the groundbreaking ceremony this morning: “A truly environmentally responsible business-cum-residential park, Quark City is expected to be one of its kind in the world.”
The 46-acre Quark City will conform to United States Green Building Council standards, and will be residential as well as commercial. According to India news provider, ReDiff, 30 percent of Quark City will be a residential complex for employees of Quark, Dell, and biotechnology and other IT companies–many new acquisitions of Quark–who will be moving in upon completion, will setup shop in the roughly 60 percent of Quark City zoned for commercial use. The remaining ten percent of the city will be in support of the residents, with shopping, entertainment, educational, and medical providers.
Quark City is a $500 million USD project intended to build jobs and state revenue in Punjab province, an area known for its educational institutions but not for high-tech business. The project was launched to “offer opportunity and infrastructure” to the people of Punjab, the province in which Quark City and Mohali reside.
Quark already employs 850 people, primarily in software development, in its $20 million Mohali Media House.
[Via rediff.com]