News

Issues and events that shape Long Island's economic and legislative landscape.

Wednesday, April 16, 2014

Long Island Regional Economic Development Council Unveils 13 Initiatives for the Region

The Long Island Regional Economic Development Council announced its list of 13 adopted initiatives that the Council believes will be "transformative" projects for the region. Vying for a $40 million slice of the statewide $200 million funding competition created by Governor Cuomo, the Long Island Council feels that these 13 projects will boost Long Island's economy, create job growth, redevelop downtown areas and reinforce Long Island's technical and environmental industries. The projects range from the Wyandanch Rising redevelopment plan, Ronkonkoma-MacArthur Transit Hub, the Smart Grid 3 energy project with Stony Brook University and Brookhaven National Laboratory, to a new cancer research facility at Cold Spring Harbor Lab. Long Island Regional Co-Chairs Kevin S. Law, President, Long Island Association, and Stuart Rabinowitz, President, Hofstra University, will take the adopted strategic plan to Albany and present it to the state panel for review November 28-30.

For more information:
Long Island Economic Development Strategic Plan
Newsday, November 10, 2011 - Development Council backs 13 LI projects
LIBN, November 10, 2011 - LI Council unveils transformative projects