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A '''technology park''' is being developed on a 9.2-acre tract of public land located between the [[Pensacola Civic Center]] and the [[Aragon]] neighborhood. Initially proposed by the [[Pensacola Bay Area Chamber of Commerce]], the completed park is expected to host between 300,000-500,000 square feet of office space. The chamber hopes this will attract [[Wikipedia:Information technology|IT]] firms and generate as many as 1,000 high-paying jobs for the area.